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Shirley De Los Angeles
Shirley is an entrepreneur who lives in Costa Rica, in the province of Puntarenas, Golfito, Pavones in the south of the country. It is known for being an area of the country with low rates of human development and compared to other areas of the country it has the most unfavorable rates of education and pay. Therefore one of the alternatives for these women is to develop their own sources of self-employment. This business began with a tip that Shirley received when she worked as a waitress in the restaurant of a hotel in Golfito. It was in that job that she began to sell mail order merchandise such as clothes and cosmetics. She left this job when she realised that it was a good alternative that allowed her to be close to her children and to earn an income that meant she could provide her family with a good quality of life.

Apart from the maintenance of her children, she is also responsible for her sister who was left in her care when her mother died. Her daughter and her sister are the same age and they live together under the same roof and Shirley must therefore watch over them.

The loan is important for the development of her job as the suppliers only offer credit facilities of less than one month which means it is difficult for her to offer longer credit terms to her customers. This limits the expanding of the market, due to her financial limitations.
View original language description ↓
Shirley es una microempresaria que habita en Costa Rica en la provincia de Puntarenas,Golfito,Pavones, zona Sur del país; caracterizado por ser una de las zonas de país, con indices de desarrollo humano muy bajo,con grados de escolaridad y empleo remunerado con respecto a los demas zonas del país mas desfavorable; de allí que una de las alternativas para estas mujeres es crear sus propias fuentes de autoempleo, esta microempresa comienza con una propina que Shirley recibe cuando laboraba como salonera en un restaurante de un hotel en Golfito, es allí en este trabajo donde comienza a vender mercadería de catálogo, tales como ropa, cosmeticos ete, deja este trabajo al darse cuenta que era una buena alternativa para poder estar cerca de sus hijos, y poder generar un ingreso que le permitiera ofrecer calidad de vida a su familia.
Ademas de la manutención de sus hijos, tiene a su cargo la responsabilidad de una hermana, quien al morir su madre queda esta niña a su cuidado, de tal forma que tiene una hija y su hermana de la misma edad, las cuales conviven bajo el mismo techo y por ende Shirley debe velar por ellos.
Este préstamo es importante para el deasrrollo de la actividad, ya que las casas proveedoras ofrecen un crédita a menos de un mes, lo que dificulta poder ofrecer un plazo mayor a sus clientas, lo que limita la expansión de su mercado, por esta limitación de capital.

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
  • 22
    View loans »
    Costa Rica Loans Fundraising
  • $4,356,875
    Funds lent in using Kiva
  • 508.0
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Shirley De Los Angeles to buy mail order merchandise such as perfume, clothes and cosmetics.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2012
Listed
Feb 25, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013