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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
  • 38
    View loans »
    Costa Rica Loans Fundraising
  • $4,170,625
    Funds lent in using Kiva
  • 495.6
    Costa Rica Colones (CRC) = $1 USD
Refunded
A loan of $1,025 helped this borrower to buy raw material and create a water well.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 4, 2011
Listed
Feb 25, 2011
Currency Exchange Loss:
Covered
Refunded:
Mar 11, 2011