Since she lives in a rural zone, she has no competition. On occasion, she has been part of some groups. Her business is a baby store where she sells various domestic and personal products. She also has three hectares of planted bananas. The loan is needed to buy more varieties of products and raw materials for the hectares of land that she has.
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
24View loans »