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Etelgive
Etelgive is 45 years old, is married, and has two adult children. She is a very hard-working and enterprising woman who has aspirations to grow and get ahead, both in terms of her business and on a personal level. She first learned about the services that Fundación Mujer offers from another customer. Etelgive makes a living producing and selling bed linen, curtains, and pajamas; she also offers sewing services. Her daughter helps her during the peak fashion season. Her goal is for her business to be large enough that she can help others by offering them employment. Etelgive has faced a number of challenges in the course of her work, such as not having enough working capital to keep up with demand. Now, though, she can overcome that obstacle thanks to the funding she can receive through Fundación Mujer.
View original language description ↓
Doña Etelgive es una señora con 45 años de edad, casada y madre de dos hijos mayores de edad. Es una señora muy trabajadora y emprendedora, con muchos deseos de crecer y salir adelante a nivel personal y de negocio. Se enteró de los servicios que ofrece Fundación Mujer por medio de otra clienta. Se dedica a confeccionar ropa de cama, cortinas y pijamas para la venta, también cose a la medida. Cuenta con el apoyo de su hija en las temporadas altas de costuras. Su meta es generar ingresos para poder tener un negocio grande y asi ayudar a otras personas con darles empleo. En el transcurso de su actividad ha tenido obstáculos como lo es la falta de capital de trabajo para la demanda que ha tenido pero ahora lo supera con el financiamiento que va obtener por medio de la Fundación.

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
  • 38
    View loans »
    Costa Rica Loans Fundraising
  • $4,441,500
    Funds lent in using Kiva
  • 500.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Etelgive to purchase fabric and two sewing machines.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2012
Listed
Apr 30, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 18, 2014