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Ena is a 56-year-old mother of five who lives in Puntarenas, located on the pacific coast of Costa Rica. Ena lives with her son, two granddaughters and a young woman who helps with domestic tasks. Ena has a business selling clothes. Her business is located in the center of Puntarenas; however, her business is not limited to this locale. Ena also has clients in Nicoya, Guanacaste, Playa Samara and Garza. She sells all types of clothes: for children, men, women, sports clothing, intimate clothing, casual and dress clothes. Ena knows her clients depend on her, which is why she has located her inventory and main selling point in a central location.

Ena plans to use this loan to finance the purchase of shirts both for men and children. She has a contact that has guaranteed her a good price. All she needs is an increase in working capital to take advantage of this favorable rate. At the moment, Ena has very low inventory levels, which is why this loan will help her to increase her supply.

Ena is a hardworking entrepreneur. She wakes up early at 4:30 AM to carry out the tasks of maintaining the household. At 7:00 AM she heads to Puntarenas, 10 Kilometers from her house, where she sets up her selling post in the center of the city. Ena works from 10 AM to 5 PM. After work, she heads to night classes where she is working towards the completion of primary school.

Ena has the goal of purchasing a car by the end of the year. She hopes to earn enough money to be able to financially support the studies of her grandchildren, as well as make home improvements. A major obstacle for Ena has been going through the application process for the necessary legal permits she needs in order to sell from her location in Puntarenas. As a result of her perseverance, she has been able to secure the permits, increase her income and the standard of living of her family.

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 Fundacion Mujer:

Fundación Mujer is an organization specializing in the financial and personal development of female entrepreneurs in Costa Rica. They seek to reach underserved populations that may include indigenous communities, immigrants, refugees, victims of domestic violence or women living with HIV/AIDS. Fundación Mujer offers courses in both business and personal development, as well as training in concrete skills such as sewing and other crafts.

About Costa Rica

  • $12,900
    Average annual income
  • 10
    View loans »
    Costa Rica Loans Fundraising
  • $4,502,650
    Funds lent in using Kiva
  • 515.0
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Ena to purchase men´s and children´s shirts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 16, 2010
Jul 22, 2010
Currency Exchange Loss:
Jun 15, 2011