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Banco Mujer Exitosas Group
In this Group: Lilliam , Ileana, Andrea, Ingrid, Jenny, Maria Elena, Damaris, Francisca
Ileana is the treasurer of Banco Mujer Exitosas (Successful Women's Bank). At thirty year of age, she is the mother of two daughters, a 4 year old and a two year old, with whom she lives along with her life partner. She is a very enterprising woman and has worked in various areas of commerce and service. She has a lot of business experience. Currently, she is working on the first steps of a micro-business of Choco-Bananos (frozen chocolate covered bananas), which consists of making and selling sweetened and filled bananas. The business is a family business and she works with her mom and a sister-in-law who are also group members.

This is the second loan that the group has requested and the loan will be invested in the remodeling of a facility, to prepare it as a small "factory" as well as to purchase supplies, such as freezers and other necessary supplies.

Ileana has to work very hard to complete the orders that are already being requested. She must get up at 3 in the morning in order to be able to work and also complete her household tasks, such as giving her daughters the care they require since they are very small.

She has many proposed goals and is determined to reach them. Among these goals are consolidating her business and converting it into a factory with a presence in the market, improving the financial condition of her family and the quality of life, but above all, is being a successful micro-business and an example for her daughters and other women in her community, demonstrating that everything can be achieved with effort and hard work.

Along with Ileana, there are 7 other members of the group who also work in small industry and commerce.
View original language description ↓
Doña Ileana es la tesorera de Banco Mujer Exitosas, con 30 años de edad, es madre de 2 niñas una de 4 y otra de 2 años de edad, con quienes vive junto a su compañero. Ella una mujer muy emprendedora, ha incursionado en varias áreas comerciales y de servicios, tiene mucha experiencia en la negocios. Actualmente está dando los primeros pasos de una microempresa de CHOCO-BANANOS, que consiste en la elaboración y venta de bananos confitados y rellenos; el negocio es familiar y lo desarrolla con su mamá y una cuñada que también son integrantes del grupo.
Este es el segundo crédito que solicita el grupo, y el crédito se va a invertir en la remodelación de un local, para acondicionar una pequeña fábrica, así como comprar equipo, tales como congeladores y otros insumos necesarios.
Ileana debe trabajar muy duro para cumplir con los pedidos que ya le solicitan, incluso debe levantarse a las 3 de la madrugada, para poder trabajar y también realizar las labores de su hogar, así como darle el cuidado que sus hijas requieren ya que son muy pequeñas.
Ella tiene muchas metas propuestas, y está decidida a alcanzarlas, entre ellas está consolidar su negocio y convertirlo en una fábrica con presencia en el mercado, mejorar la condición económica de su familia y la calidad de vida, pero sobre todo ser una microempresaria exitosa, ejemplo para sus hijas y otras mujeres de su comunidad, demostrándoles que con esfuerzo y trabajo todo se puede lograr.
Junto a Ileana están en el grupo 7 socias más que también realizan actividades de pequeña industria y comercio.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Costa Rica

  • $12,900
    Average annual income
  • 39
    View loans »
    Costa Rica Loans Fundraising
  • $4,438,125
    Funds lent in using Kiva
  • 508.0
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A portion of Banco Mujer Exitosas Group's $3,950 loan helped a member to remodel a facility as well as purchase supplies for a small factory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2012
Listed
Feb 25, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013