Update on Marta DaisyMarta Daisy
Marta, 59, is a very responsible, hard-working woman who is requesting a third loan through the foundation to expand her business. She will invest in catalogue products and supplies to make bed linens, thanks to a course she took at INA. Her daughter and granddaughter will help with sales and she plans to improve the quality of the products she sews, with the sewing machines she will buy. She has an excellent credit record and is very dedicated to the work she does. She also works as a baby-sitter for two children, demonstrating her desire to work and improve her quality of life. She lives with her daughter, granddaughter and husband in Aserri, where her husband's family lives.
Fundación Mujer is the institution that supported Marta with an initial loan of 250,000 CRC for sales. She then moved to Aserri and, together with her husband, started a business with 40 small egg-laying hens The loan for this has been paid off. Due to health issues her husband had to quit the chicken business and return to San Rafael de Alajuela in his previous job. She wants to take advantage of her sewing experience to make bedspreads and other bed linens.
Marta has the capacity to take on the debt and has demonstrated excellent payment conduct with previous loans. And, she will diversify her products for the fixed customer base she already has. Her granddaughter and daughter will also help out with sales.
To her fixed clientele she shows fashion catalogues, and renews her merchandise when necessary. She has studied courses at INA and wants to use her expertise making bed linens and bedspreads. She needs two sewing machines to give her products a better finish. For now she is using a machine she borrowed from her granddaughter. This is her third loan. She also takes care of children in the morning and afternoon. On weekends she dedicates time to her business and works from home, since this is the best option for earning an income for her family.
Doña Marta es una mujer de 59 años de edad, muy trabajadora y responsable, es el tercer crédito que solicita a la fundación el cual será para crecimiento de su actividad, invirtiendo en productos de catálogo y la confección de ropa de cama, gracias a cursos que llevó en el INA, sus hijas y nieta le ayudan en la venta y pretende mejorar la calidad de los productos que confecciona, con el equipo solicitado. De una excelente conducta de pago y gran dedicación al trabajo que realiza. Tiene un trabajo adicional cuidando 2 niños, demostrando así sus deseos de trabajar y mejorar su calidad de vida. Vive con su hija y nieta y su esposo está en este momento en Aserri, donde vive la familia de él.
Fundación Mujer ha sido la institución que apoyo a Doña Marta Inicio con un préstamo de C 250.000 para sus ventas, luego se traslada a vivir a Aserri y junto a su esposo emprende el trabajo con 40 gallinas ponedoras pequeñas, ambos cancelados de acuerdo al plan de pagos; por problemas de salud de su esposo deben abandonar la actividad avícola y ahora de regreso en San Rafael de Alajuela ha retomado su trabajo anterior y desea aprovechar sus conocimientos en costura para elaborar sobrecamas y colchas.
Marta tiene capacidad de asumir la deuda, ha demostrado una excelente conducta de pago en los créditos anteriores, además va a diversificar su oferta de productos y cuenta con una clientela que le compra sus productos y además su nieta e hija le ayudan a vender en sus respectivos trabajos.
Tiene su clientela establecida, ofrece catálogos de moda; renueva su mercadería en las fechas respectivas. Ha sacado cursos de costura en el INA y desea explotar su conocimiento elaborando ropa de cama y colchas, para lo que requiere dos máquinas para dar un mejor acabado a su mercadería, ya que en este momento cuenta con una máquina prestada, de su nieta. Este es su tercer crédito, además cuida dos niños en las mañanas y las tardes y fines de semana las dedica a su negocio, por lo que trabajar desde su casa es la mejor opción que tiene para generar ingresos para su familia.
Previous Loan DetailsMarta S. S. is a 57 year old woman who lives with her husband. She wasn’t able to finish primary school because she had to care for her younger brothers. Marta is a very hardworking and responsible person. This is the second loan she has applied for from the foundation. It will be used for ... More from Marta Daisy's previous loan »
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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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Success!! The loan was 100% repaid