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Eilyn
Eilyn is 26 years old. She has two young children, and right now she is separated from the children’s father. She lives with them in a small house in the San Pedro de Poas area, a town located on the slopes of the Poas Volcano in the rural area of the Central Valley of Costa Rica. Previously she quit her job at a local manufacturing factory in order to care for her two young ones. For this reason she wants to start a business, buying two sewing machines and raw materials for making curtains and bath sets. She works from home, cares for her kids, and sells locally to add a little income to her small monthly child support of 80,000 colones ($156 dollars a month) in order to pay for a place to live and for her family’s food.

She begins her day at 6:00 in the morning, getting her 6 year old daughter ready to go to school. She comes back and does the housework. She picks her daughter up at 10:30 am, and during that time she has her little son. She gets lunch ready since, with two children in the house, she begins her work in the afternoon, and she plans to work, depending on orders, until 9:30 pm.

With this money she hopes to pay household expenses, developing herself as an entrepreneur and a mother. She wants a better life for her family so that they can live well, and most importantly, so that she can be close to her children during the day. Right now she’s having money problems which is the reason the family (her father and mother) have prompted her to develop of this business and get ahead financially.
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Perfil de Eilyn
350000
Eilyn tiene 26 años es madre de 2 hijos menores de edad y actualmente está separada del padre de los niños; vive con ellos en una pequeña casa en la zona de San Pedro de Poas, pueblo ubicado en las faldas del Volcán Poas en la zona rural del Valle Central de Costa Rica. Ante esta situación renunció a su trabajo en una fábrica de manufactura local para poder cuidar a sus dos pequeños, por esta razón desea emprender el proyecto de compra de 2 maquinas de coser y materia prima para la elaboración de juegos de baño y cortinas, trabajar desde su casa, cuidar a sus hijos y vender en la comunidad para ofrecer un ingreso adicional a la pequeña pensión de 80.000 colones (156 dólares mensuales) para el pago de un lugar donde vivir y la comida para su familia.

Ella empieza su día a las 6 de la mañana alistando a su hija de 6 años para ir a la escuela, regresa y hace los quehaceres de la casa, la recoge a las 10:30 am y durante ese tiempo tiene a su hijo pequeño, alista el almuerzo ya con los 2 niños en la casa inicia su labor en la tarde y proyecta trabajar, dependiendo de los pedidos, hasta las 9:30 pm.

Con este dinero espera solventar gastos de la casa, desarrollarse como persona emprendedora y madre y para su familia desea una vida mejor, que vivan bien y lo más importante es estar cerca de ellos todo el día. En este momento ha tenido problemas económicos, razón por la cual la familia (su padre y madre) la han impulsado a desarrollar este proyecto y así salir adelante económicamente.

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

  • $11,100
    Average annual income
  • 58
    View loans »
    Costa Rica Loans Fundraising
  • $4,320,650
    Funds lent in using Kiva
  • 509.1
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Eilyn to buy two sewing machines to make curtains and bath sets.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2012
Listed
Mar 17, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012