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Karol
Karol Leitón M.
2011-54
Loan Amount: 300,000 colones

Karol Leitón M., 25, is the mother of two children; one is already in school, in second grade, and the youngest is two years old. She lives with her life partner in the San Luis neighborhood which is in the Puntarenas zone of Costa Rica. She has been a merchant for over 8 years and this is the third loan request from Fundación Mujer. She has maintained excellent payment behavior and has used the loans; this one will be no exception, to buy merchandise: blouses, shirts, underwear and perfumes, among others.

She dedicates mornings to her family. She sends her oldest child to school and prepares her partner’s meal who then goes to work. She does the domestic chores and during the afternoon she tends to her business be it buying merchandise or delivering goods or collecting payments. These tasks take place in her community which facilitates her getting around. It’s only when she has to buy merchandise that she travels to the city of Puntarenas.

The loan will make it possible for her to tend to her customers and improve her income by increasing her working capital.

Her main dream is to have her own store in the community to stop doing door to door sales; also that her children have a good education and to stay in business, which is an important economic help for the family.
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Karol Leitón M.
2011-54

Monto del crédito 300,000 colones

Karol L. M. tiene 25 años de edad y es madre de dos hijos, uno está ya en la escuela, en segundo año y el menor es de 2 años, vive con su compañero en el barrio San Luis , esto es en la zona de Puntarenas, Costa Rica. Desde hace mas de 8 años se dedica al comercio y este es el tercer crédito que solicita a Fundación Mujer.

Ella ha mantenido una excelente conducta de pago y ha utilizado los créditos, y este no va a ser la excepción, en la compra de mercadería: Blusas, camisas, ropa interior, perfumes, entre otros.

La clienta dedica las mañanas a la atención de su familia, envía a su hijo mayor a la escuela, y le prepara la comida a su compañero, quien se va para el trabajo, ella realiza los oficios domésticos y las tardes las dedica a la atención de su negocio, ya sea comprando mercadería, entregado de mercadería y cobro; estas labores las realiza en su comunidad lo que le facilita el desplazamiento, solamente cuando tiene que comprar mercadería va a la ciudad de Puntarenas.

El crédito le va a permitir atender a sus clientes y mejorar los ingresos de su actividad, al aumentar su capital de trabajo.

Su principal sueño es contar con su propio bazar en la comunidad y dejar las ventas ambulantes, además que sus hijos tengan una buena educación y continuar con el negocio, que es un apoyo económico importante para la familia.

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
  • 25
    View loans »
    Costa Rica Loans Fundraising
  • $4,365,675
    Funds lent in using Kiva
  • 495.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Karol to buy merchandise: clothing for men, women and children and perfumes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2011
Listed
Feb 28, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 28, 2012