Check out some available loans that are similar to this one!
Rosaura is a 49-year-old mother of four who lives with her family in Siquirres, Limón, located near the Caribbean coast of Costa Rica. The loan consultant who has been working with Rosaura describes her as a hard working, busy entrepreneur who fills her time with a variety of activities.

An experienced businesswoman, this will be Rosaura´s 6th loan with Fundación Mujer. Rosaura has been successful in combining her business instincts and diligent work ethic in order to take advantage of past loans and make improvements to her business.

Rosaura runs a sewing business, where she produces various types of clothing for men, women and children such as bags, pajamas,socks and shirts. She is applying for the current loan as a method to increase her working capital in order to satisfy the demands of her clients. With this loan, Rosaura plans to invest in a new sewing machine, fabric, threads, needles, and other sewing materials.

On a typical day, Rosaura wakes up early and takes care of household chores. After cooking and cleaning, she dedicates her time to the activities of her business: making sales, sewing clothes, collecting on repayments, making purchases, etc. At the moment, Rosaura runs her business from her home. In the future, her goal is to open a central location in order to offer her sewing products to clients.

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
  • 507.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Rosaura for the purchase of a sewing machine and sewing materials.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Dec 1, 2010
Nov 19, 2010
Currency Exchange Loss:
Jun 16, 2012