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Xenia
Xenia
Grocery Store
500000

Xenia lives in the 20 de Noviembre neighborhood in Puntarenas, a place of much poverty and social problems. She’s 45 years old and lives with her two children one of which is a minor. She has a grocery store and also makes traditional Costa Rican dishes like tamales and vigorón [pork rinds, cassava, cabbage and sauce] that she sells on weekends at home earning income to support her family since this is the household’s only source of income.

This loan’s purpose is to buy raw materials to make the dishes since it’s traditional for “Ticos” [Costa Ricans] to eat tamales during the Christmas season and also to buy merchandise to stock her store. She has more than ten years’ experience in these activities but economic problems push a person to seek support from institution like Fundación Mujer for special seasons and in this case she has worked with a group in the zone called “Banco Mujer Creciendo Juntas” that has supported other women with loans for their businesses.

Among her goals, getting ahead so her children and she can have a better future stands out as well as that they can study and to support her business so that it will grow more each day. For now, the greatest difficulty she faces is the economy but they have found that this program is a help for their micro businesses.
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Xenia
Pulpería
500000
Xenia vive en el Barrio 20 de Noviembre en Puntarenas, lugar de mucha pobreza y problemas sociales, ella tiene 45 años de edad y vive con sus 2 hijos de ellos uno es menor de edad, tiene una pulpería (distribuidora de productos) y además se dedica a la elaboración de comidas típicas costarricenses como tamales y vigorones que vende los fines de semana en su casa obteniendo así ingresos para apoyar a su familia siendo el único ingreso de la casa.
El objetivo de este préstamo es comprar materia prima para la elaboración de las comidas, ya que es tradición de los Ticos comer tamales en la época de Diciembre además de abastecer su negocio con mercadería. Ella tiene más de 10 años de experiencia en estas actividades, pero los problemas económicos hacen que las personas busque el apoyo de instituciones como Fundación Mujer para temporadas especiales y en este caso ella ha trabajado con un grupo en la zona llamado Banco Mujer Creciendo Juntas que ha a poyado a otras mujeres con crédito para sus negocios.
Entre sus metas destaca salir adelante para que sus hijos y ella tengan un futuro mejor, que puedan estudiar y apoyar a que su negocio crezca cada día más. Por ahora la dificultada más grande ha sido la económica, pero han encontrado en este programa un apoyo para su micro emprendimiento.

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
  • 1
    View loans »
    Costa Rica Loans Fundraising
  • $4,018,325
    Funds lent in using Kiva
  • 502.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Xenia to buy stock merchandise for her store and to buy ingredients to make traditional Costa Rican dishes.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2011
Listed
Nov 17, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013