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Evelyn Gabriela
Evelyn is a 22-year-old mother who lives with her family in Limón, located in the Caribbean region of Costa Rica. The loan consultant who has been working with Evelyn has described her as a hardworking entrepreneur with a pleasant disposition. She has been working in her sales business over the past two years with the assistance of her aunt, and has observed that making sales to members of her community is an effective way to earn an income without neglecting her family responsibilities, because she can set her own work schedule. Evelyn also consults her husband before making serious business decisions. This will be her 1st loan with Fundación Mujer.

Evelyn has a business of selling women´s clothing. The majority of her clients are friends, acquaintances and neighbors who live in her community. Her general routine is to wake up early and take care of domestic tasks such as cooking and cleaning. When the first part of her work day is complete, she gets ready to head out into the community, dedicated to the activities of her business, such as making sales, collecting payments or purchasing merchandise. When she is out, she relies on her mother to take care of her baby.

Evelyn has the goal of earning enough income from her sales activity that she would be able to open a store or central location from which to sell items. Her main obstacle is a lack of the working capital necessary for making investments in clothing merchandise. Evelyn hopes to use this loan to purchase various women´s clothing items such as sports clothes and casual wear.

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
  • 0
    View loans »
    Costa Rica Loans Fundraising
  • $4,023,725
    Funds lent in using Kiva
  • 507.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Evelyn Gabriela to purchase women´s clothing for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 1, 2010
Listed
Nov 19, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011