Banco Mujer Por Fe Group
This is her third loan and she tells us that her earlier ones permitted her to grow her small business and increase her earnings, and also she has many projects in mind to develop with the use of this loan.
Besides Yensy, there are 6 more members, that are going to invest in commercial activities.
Este es el tercer crédito y ella nos cuenta que los anteriores le han permitido hacer crecer su microempresa y aumentar sus ingresos, además tiene muchos proyectos en mente por desarrollar para este crédito.
Junto a Yensy hay 6 integrantes más, que van a invertir en actividades comerciales.
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.
This is a Group Loan
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Success!! The loan was 100% repaid