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Adeilada
Adeilada is a 46-year-old mother of seven who lives in Calle Blancos, San Jose, located in the central valley of Costa Rica. She lives with her husband, colleague and son.

The loan officer that has been working with Adelaida describes her as a woman with a fighting spirit. Despite difficult circumstances, she has managed to raise her children independently, harnessing her sewing skills to earn an income. She has worked as a seamstress for the past eighteen years and has great ambition to improve her standard of living and that of her children.

Adeilada currently works with three sewing machines, which she has acquired one by one over the years. These machines have served her well in the past; however, they are now dated and no longer suit her production needs. For this reason, she is applying for a loan with Fundacion Mujer, to purchase two new sewing machines in an effort to increase her productive capacity.

Adeilada has a sewing workshop that she runs out of a rented house in Calle Blancos. Her main client is a local business named Greenbag that calls her when it has work for her to do. A company representative arrives at Adeilada┬┤s workshop and explains to her the details of the work to be carried out. When Adeilada has finished the agreed upon work, she calls the business to arrange a pick up.

Adeilada's longterm goal is to have a sewing workshop outside of her home, with many machines and employees. Her main obstacle at the moment is her lack of quality sewing machines.

Additional Information

More information about this loan

In Costa Rica, funding for microfinance institutions is hard to come by, and many institutions find themselves having difficulty growing and reaching all the demand for loans that exist. Kiva works with Fundacion Mujer because it attends a very marginalized population in Costa Rica, with a specific focus on women. In addition to the loan, Fundacion Mujer provides specialized training programs for their borrowers on everything from computer classes to salon training. Because of the difficulty in obtaining capital in Costa Rica, Fundacion Mujer cannot serve all the women that need loans. Therefore Kiva plays a unique role in helping Fundacion Mujer grow its portfolio and reach borrowers it otherwise would not be able to.

About Costa Rica

  • $11,100
    Average annual income
  • 27
    View loans »
    Costa Rica Loans Fundraising
  • $4,165,075
    Funds lent in using Kiva
  • 524.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Adeilada to purchase two new sewing machines.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2010
Listed
May 21, 2010
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2011