Shirley De Los Angeles
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.
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.
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.
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Success!! The loan was 100% repaid