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.
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 Costa Rica
10View loans »