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Banco Mujer Mujeres Triunfadoras Group
In this Group: Marjorie, Viviana, Doris, Rosa, Emilce , Marcia, Marisel, Xinia
Viviana is the treasurer for the Banco Mujer Mujeres Triunfadores [Triumphant Women Women’s Bank], a new group with eight members that was formed in the community of Cataratas de Talamanca. Viviana is twenty-five years old. She is married and the mother of two children, a nine year old daughter and a two year old son. She raises chickens, and she will invest her loan by purchasing more chickens, along with the feed, supplements, and vitamins necessary to raise and fatten them. This way she will be able to increase her production and generate more income for her family.
This is her first loan, and she hopes to be able to consolidate her micro-business along with those of her fellow group members. Viviana and her fellow group members know that financing is very important to achieve their goal.
Viviana is a very hard-working woman who has set many goals for herself, but her priority is to help her husband repair their small house, which is currently in poor condition, and be able to provide her children with a better quality of life.
The other members of the communal bank will invest in agricultural activities.
View original language description ↓
Viviana es la tesorera de Banco Mujer Mujeres Triunfadoras, un grupo nuevo que se formó con 8 socias en la comunidad de Cataratas de Talamanca. Está señora tiene 25 año de edad, es casada y es madre de 2 hijos, una niña de 9 años, y un niño de 2 años. La actividad que desarrolla es la cria de pollos, y el crédito lo va a invertir en la compra de estos animales así como los alimentos, concentrados y vitaminas necesarias para la cría y engorde, aumentando así su producción y con ello generar más ingresos para su familia.
Este es su primer crédito y tanto ella como sus compañeras de grupo tiene muchos deseos de consolidar sus microempresas y saben que el financiamiento es una ayuda muy importante para lograrlo.
Viviana es una mujer muy trabajadora que se ha propuesto muchas metas, pero su prioridad a ayudar a su esposo a reparar su pequeña casa, ya que se encuentra en muy malas condiciones, y así poder darles una mejor calidad de vida a sus hijos.
El resto de las integrantes de este banco van a invertir en actividades agropecuarias.

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.

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

  • $12,900
    Average annual income
  • 23
    View loans »
    Costa Rica Loans Fundraising
  • $4,363,200
    Funds lent in using Kiva
  • 498.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A portion of Banco Mujer Mujeres Triunfadoras Group's $2,425 loan helped a member to purchase chickens, feed, and vitamins.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 21, 2012
Listed
Jun 10, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012