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Banco Mujer La Brigada Group
In this Group: Silvia Lauren, Xinia , Doris , Gladys, Kelineth
Kelineth is 23 years old and divorced, and has her own business. She has run a catalog sales business for the past two years, and without outside help she visits her customers and offers them a variety of products.

Kelineth is requesting this loan so that she can purchase sample products and have them in her house to show to her customers. She chose Fundación Mujer because they have low interest rates and treat their borrowers well.
View original language description ↓
Kelineth, 23 años de edad, divorciada, se dedica al comercio. Ella tiene venta por catálogo hace dos años, sin ayuda de nadie ella visita a sus clientas y les ofrece los productos. Kelineth desea el crédito para comprar los productos y tenerlos en su casa para mostrarlos a sus clientas. Eligió Fundación Mujer porque tienen bajas tasas de interés, buen trato y la buena atención.

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.

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

  • $11,100
    Average annual income
  • 6
    View loans »
    Costa Rica Loans Fundraising
  • $3,980,625
    Funds lent in using Kiva
  • 503.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A portion of Banco Mujer La Brigada Group's $1,500 loan helped a member to purchase merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2012
Listed
Apr 9, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 16, 2012