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Banco Mujer En Busca Del Exito Group
In this Group: Jaidy, Maria, Reina, Flor, Julia, Maria, Yesenia, Grace
Jaidy is president of the “Mujer En Busca del Éxito” (Woman in Search of Success) communal bank. She’s 44 years old, married and the mother of an 18 year old daughter who she lives with alongside her husband. Her daughter is studying nursing and is the motivating force pushing her to work harder every day to pay for her studies. Besides, she’s her greatest pride since she’s been a very good student since she was a little girl.

Jaidy is a very enterprising woman. She carries out commercial activities like the sale of clothes, lingerie, perfume, cosmetics, items for the home and others. With this she’s managed to help her husband meet family expenses.

Despite having many health issues, she starts doing her domestic chores very early in order to have enough time for her business. She knows that credit is a very valuable tool for her micro business. This is the fourth loan they’ve requested and she and her fellow members have been very punctual.

Her greatest wish is to see her daughter graduate, to have a store, for her family to be in better economic conditions, and to be healthy to continue forward.

There are seven members with Jaidy; they all carry out commercial and service activities.
View original language description ↓
Doña Jaidy es la presidenta de Banco Mujer En Busca del Éxito, tiene 44 años de edad es casada, y madre de una hija de 18 años, con quien vive junto a su esposo. Su hija está estudiando enfermería, y es el motor que los impulsa a trabajar más y más cada día, para poder pagarle los estudios, además es su máximo orgullo ya que desde muy pequeña siempre ha sido una buena estudiante.
Jaidy es una mujer muy emprendedora, desarrolla actividades comerciales, como venta de ropa, lencería, perfumes, cosméticos, artículos para el hogar y otros, con esto ha logrado ayudar a su esposo con todos los gastos familiares.
A pesar de que tiene muchos problemas de salud, ella desde muy temprano está realizando las labores domésticas, para tener suficiente tiempo para su negocio. Y sabe que el crédito es una herramienta muy valiosa para su microempresa, este es el cuarto préstamo que solicitan, y ella al igual que sus compañeras han sido muy puntuales.
Sus mayores anhelos es ver a su hija graduada, llegar a tener un bazar, y mejorar la condición económica de su familia, así como su salud, para seguir adelante.
Junto a Doña Jaidy en el grupo están 7 socias más, todas realizan actividades comerciales y de servicios.

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
  • 26
    View loans »
    Costa Rica Loans Fundraising
  • $4,365,675
    Funds lent in using Kiva
  • 505.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A portion of Banco Mujer En Busca Del Exito Group's $5,550 loan helped a member to buy clothes, lingerie, perfume, cosmetics and items for the home.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2012
Listed
Mar 27, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013