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Elsie Yessenia
Elsie lives in the southern region of Costa Rica, specifically in the province of Puntarenas, Corredores, Canoas, Paso Canoas. This is an area that scores low on development indices as it is in area where the main economic activity is cultivating the oil palm, an activity that predominantly employs men to harvest the fruit. This means that the women have few opportunities for paid employment. This is why Elsie works raising and fattening pigs - to help her partner with the household expenses. This loan, like the loans she had when she was a member of BM Laskmi, will be used to buy pigs, concentrate, and vaccines for the duration of the production cycle. She will make weekly repayments. Thanks to her work and the salary that her husband brings in (he is a teacher at a school that is on the border of Costa Rica and Panama) she has been able to send a son to the the University of Costa Rica to study business. He has a scholarship but it does not cover all of his expenses so he needs support from his parents to be able to complete his studies. Elsie also wants to support her daughter who wants to study culinary arts at the National Training Institute, an institution that teaches trades to build-up the labor market. Elsie and her husband are convinced that giving their children an education is the way to improve their quality of life.
View original language description ↓
La señora Elsie, habita el la zona Sur de Costa Rica, especificamente en la provincia de Puntarenas, Corredores, Canoas, Paso Canoas,zona caracterizada por presentar bajos indicadores de desarrollo humano, ya que es una zona donde la actividad principal es el cultivo de la palma aceitera, actividad donde predomina la utilización de hombres, para la recolección del fruto, de allí que las mujeres tengan pocas posibilidades de obtener un trabajo remumerado, es por esta razón que Elsie se dedica a la cria de cerdos para engorde, para poder ayudar a su compañero con la economia domestica; este crédito al igual que los que obtuvo cuando era miembra del BM Laskmi, es para la compra de cerdos, concentrados y vacunas, por la duración del ciclo productivo la forma de pago debe ser semestral; con esta actividad asi como con el salario que devenga el esposo, quien es profesor unidocente de una escuela que esta en la linea limitrofe entre Costa Rica y Panama, ha podido tener un hijo en la Universidad estudiando Dirección de Empresas, en la universidad de Costa Rica, donde goza de una beca, la cual no cubre todos sus gastos, de allí que necesite el apoyo de sus padres, para poder concluir sus estudios; asi mismo desea apoyar a su hija que desea estudiar gastronomía, en el Instituto Nacional de Aprendizaje, organismo estatal que enseña oficios, para lograr una incersión al mercado laboral. Tanto Elsie como su esposo estan convencidos que la eduacación dada a sus hijos, es el medio para mejorar su calidad de vida.

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 Costa Rica

  • $11,100
    Average annual income
  • 24
    View loans »
    Costa Rica Loans Fundraising
  • $4,165,075
    Funds lent in using Kiva
  • 502.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Elsie Yessenia to buy pigs, concentrates, and vaccines.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 30, 2012
Listed
Apr 14, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013