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Milena
Milena
Business and beauty salon.
1000.000

Milena is 31 years old, married, and has two young children. Approximately four years ago, she decided to operate a store out of her home in order to be able to take care of her children and help pay for their education. Milena is an educated woman with certifications in beauty salon and nail services. She is a woman who strives to excel and always improve. Her newest business has allowed her to financially support her children in their education. She manages her store in a very organized manner, every day she records her daily and monthly accounting so that she can track exactly how money comes and goes in her business. Her business is registered with the city and she has obtained all the legal permits necessary to operate it.

Milena started this store with 70000 colones given to her from her husband so that she could buy merchandise. From there she began to develop her business and equip herself to diversify her services, for instance, by offering manicures and pedicures. She owns salon equipment and is currently taking her third course in a well-known cosmetology school. Two years ago, she began offering her manicure and pedicure services. Milena manages a portfolio of credit customers, those who patronize her business regularly, thanks to the ease of payment.

She will use this loan to buy merchandise (clothing, perfume, cosmetics, lingerie) and equipment (enamels and other foot and nail products). With this, she hopes to increase her profits since recently she has had limited working capital. After attending a meeting with Fundación Mujer and hearing about its partnership with Kiva, she saw the possibility to realize her dream of saving money to buy her own house and be able to give her children a better quality education so they will become professionals.

This year, her husband's illness left her to confront their household expenses alone. Thanks to her hard work, she was able to overcome this situation and now her husband is back to work in his transportation business.
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Perfil Milena
Comercio y Belleza
1000.000

Es una mujer joven de 31 años de edad, está casada y tiene 2 hijos menores. Ella decide trabajar en su casa hace cerca de 4 años con el objetivo de cuidar a sus hijos y apoyarlos en su educación. En la parte educativa tampoco se queda atrás, sus títulos en belleza y tratamiento de uñas la muestran como una persona con deseos de superación, al demostrar interés en capacitarse. Este nuevo negocio le ha permitido brindarles apoyo económico para la educación de sus hijos. Muy ordenada en su actividad, lleva un libro diario con sus cuentas y elabora su contabilidad mensual, por lo que sabe exactamente cuánto le entra y cuanto sale de su negocio. Su Tienda Milena, está inscrita en la municipalidad por lo que su negocio cuenta con todos los permisos para su funcionamiento. El cual Inició con un dinero que su esposo le dio su esposo, 70000 colones, con el cual invirtió en mercadería, con este capital empezó a desarrollar su negocio y le ha permitido capacitarse para diversificar sus servicios (tratamiento de uñas).

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En su casa cuenta con un local y su Tienda Milena está legalmente inscrita, está llevando su tercer curso en un conocido Instituto especializado en Costa Rica de estética corporal y ha empezado a trabajar desde hace 2 años el cuido de pies y uñas. Cuenta con el equipo de belleza. En lo que respecta al comercio, maneja una cartera de clientes a crédito, los cuales le están comprando constantemente, gracias a sus facilidades de pago.

El préstamo se va a utilizar para la compra de mercadería (ropa, perfumes, cosméticos, ropa interior) y materiales (esmaltes, y otros para pies y uñas) Con esto espera incrementar los ingresos de su actividad ya que una limitante ha sido el capital de trabajo, pero después que asistió a una reunión y escuchó de Fundación Mujer y Kiva, vio la posibilidad de cumplir sus sueños, que es empezar a ahorrar para su casa propia y poder ofrecer a sus hijos una mejor calidad en sus estudios y lleguen a ser profesionales.

Este año enfrentó la enfermedad de su esposo que estuvo en cama por lo que tuvo que enfrentar los gastos del hogar. Gracias a su actividad logró superar esta situación y ya su esposo está repuesto y trabajando en su actividad de transportista.

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 Costa Rica

  • $11,100
    Average annual income
  • 10
    View loans »
    Costa Rica Loans Fundraising
  • $4,106,550
    Funds lent in using Kiva
  • 499.5
    Costa Rica Colones (CRC) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $2,025 helped Milena to invest in merchandise such as men's, women's, and children's clothing.
99% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 3, 2012
Listed
Dec 10, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 20, 2014