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Banco Mujer Siquirritos Group
In this Group: Manuela, Annia, María, Maria, Isabel, Juana, Beatriz, Maria
Annia is the secretary of the group called Banco Mujer Siquirritos. She is a young woman, professional and a hard-worker. At 30 years old, she is married and the mother of 4 children, all minors. Her husband occasionally works as a painter and his income is very low. Because of this, Annia has always looked for ways to help improve the family's financial situation. She started a business as a street vendor and sells clothes, shoes, wallets, purses, and jewelry.

This is the third loan she has asked for and the previous loans have helped her invest in capital and strengthen her business.

It's important to highlight that Annia is a teacher with a Bachelor's degree for teaching both primary and secondary school. However, she has not been successful in finding steady work in the national education system. Therefore, she has realized that by managing her business well and with a lot of work, she can earn a good income.

Her goals are to practice her profession and to have steady and stable work, but also to have a store that offers all of the products she currently sells. By doing this, she can improve her family's quality of life and continue supporting her husband with the household expenses.

Besides Annia there are 7 other women that are also dedicated to commercial activities and services in this group.
View original language description ↓
Annia es la secretaria de Banco Mujer Siquirritos, es una mujer muy joven, profesional, y muy trabajadora. Con 30 años, es casada y madre de 4 hijos, todos menores de edad. Su esposo trabaja ocasionalmente de pintor, y su ingreso es muy bajo, por eso Annia siempre ha buscado como ayudar a la economía de su familia desarrollando actividades comerciales, vende de forma ambulante ropa, sandalias, carteras, bolsos y bisutería.
Este es el tercer crédito que solicita, y los anteriores han sido de gran ayuda para invertir en capital de trabajo y consolidar su negocio.
Es importante resaltar que Annia es maestra, tiene un bachiller universitario, y es graduada en enseñanza de I y II segundo ciclo, sin embargo no ha logrado conseguir trabajo fijo en el sistema de educación nacional, y además de da cuenta que con su negocio bien administrado y con mucho esfuerzo le puede generar un buen ingreso.
Sus metas es ejercer su profesión y tener un trabajo fijo y estable, pero también llegar a tener una tienda donde ofrezca todos los productos que actualmente vende. Con ellos darle una mejor calidad de vida a su familia y seguir apoyando a su esposo en la parte económica.
Junto a Annia hay 7 señoras más que se dedican a actividades comerciales y de servicios.

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
  • 7
    View loans »
    Costa Rica Loans Fundraising
  • $3,979,500
    Funds lent in using Kiva
  • 503.7
    Costa Rica Colones (CRC) = $1 USD
Expired
A portion of Banco Mujer Siquirritos Group's $5,575 loan helped a member to purchase merchandise such as clothing, shoes, purses, wallets and jewelry.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2012
Listed
May 9, 2012
Currency Exchange Loss:
Possible
Expired:
Jun 8, 2012