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Sara
Doña Sara is a very hard-working and striving woman. She is 48 years old and is married; she lives with her husband and daughter. The Señora works doing sewing, and she also makes sales from a catalog. She is a person who has great wishes to succeed, and is also a community leader for the Pozos neighborhood in Santa Ana.

The client joined the Fundación through a meeting which took place in Pozos which came to her attention as she has a small sewing business where she makes quilts, cushions, curtains, etc., but she has not been able to expand as she lacks working capital. Because of her financial situation, the Señora has only attended school up to primary level.

This is her first loan with the Fundación, and it will be used for working capital as she has a very good business making quilts but has been able to complete her orders due to lack of capital.

The member has a sewing workshop in her home; it is very suitable for her needs and comfortable, and she keeps it well-organized. She has been sewing for the last 12 years, and was trained in workshops that were given in Santa Ana.

The client gets up early to take care of her domestic chores, and then goes to work in her workshop. She stops at four o'clock as her husband comes home at this time, so she tends to him and then returns to work from six o'clock.
View original language description ↓
Doña Sara es una mujer muy trabajadora, luchadora , tiene48 años de edad, casada, vive con su esposo y su hija. La señora se dedica a la costura, también vende por catalogo, es una persona con grandes deseo de superarse, también es una líder comunal del sector de pozos de Santa Ana. La clienta se entero de la Fundación por medio de una reunión que hubo en pozos y le llamo la atención ya que ella tiene una pequeña empresa de costura donde hacen colchas, almohadas, cortinas, etc, pero no tiene como expandirse por falta de capital de trabajo, por su situación económica la señora pudo llegar hasta la primaria.
Este es su primer crédito en la Fundación, será para capital de trabajo ya que tiene un negocio muy bueno de hacer colchas pero por falta de capital no ha podido cumplir con los pedidos.
La solicitante tiene un taller de costura en su casa de habitación, es muy amplio y cómodo, lo tiene muy ordenado, desde hace dos años se dedica a coser se capacito en talleres que van a dar a Santa Ana.
La clienta se levanta desde temprano hace sus labores domesticas y luego se va a trabajar en su taller sale a las cuatro ya que su esposo llega a esa hora lo atiende y luego vuelve a trabajar hasta las seis
La clienta Sara piensa invertir en la compra de materia prima como lo que son telas, hilos, etc, tambien piensa invertir en la compra de mercaderia para ayudarse con las ventas de catalogo.

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
  • 21
    View loans »
    Costa Rica Loans Fundraising
  • $4,356,875
    Funds lent in using Kiva
  • 500.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Sara to invest in merchandise such as clothes, perfume, and shoes, and to buy materials such as cloth and thread.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2011
Listed
Sep 30, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013