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Felipa
Felipa, 43, is married and has three children. She lives with her husband and a daughter. She is humble and very hardworking. She has history with the Fundación and has always been noted for her punctuality and responsibility.

She is an ambulatory gold, fine perfume and curtains merchant. She also has a beauty salon where she provides chemical hair treatments and beauty services. Her customers are neighbors, family members and laborers from nearby banana plantations.

She organizes specific days to go out selling her merchandise while also being able to tend to her salon customers. Her husband and daughter help her collect payment for her merchandise. She’s had some difficulty in the business because of lack of capital to be able to offer a wider selection but she hopes the loan she will get now will help her overcome this.
View original language description ↓
Doña Felipa es una clienta con 43 años de edad, casada y con tres hijos. Vive con su esposo y una hija. Humilde y muy trabajadora. Tiene trayectoria en la Fundación y siempre se ha caracterizado por su puntualidad y responsabilidad. Ella se dedica al comercio ambulante de oro, perfumes finos y cortinas. Además tiene un salón de belleza en donde presta los servicios de químicos para el cabello y estética. Sus clientes son vecinos, familiares y trabajadores de diferentes bananeras aledañas a su comunidad. Ella se organiza días específicos para salir a vender su mercadería y poder atender también a sus clientas del salón. Cuenta con el apoyo de su esposo y una hija para el cobro de su mercadería. Ha tenido dificultad en su negocio por la falta de capital para poder ofrecer mayor variedad y ahora lo supera por el financiamiento que se le otorga.

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
  • 37
    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 loan of $1,975 helped Felipa to buy merchandise like gold and others.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2012
Listed
Mar 27, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013