Rosalba is 32 years old, married, and for the last year has worked making athletic clothing together with her sister who sells the clothing at different locations in the area. The two work making the clothing Monday through Friday, and on Saturdays they distribute the orders to their various customers. During the week they are in charge of the merchandise that they need. Rosalba seeks this loan in order to purchase fabrics because her customers have increased and they request many athletic outfits, as hers are quality and preferred by her customers. Earning these weekly sales she is able to economically support her household, in addition to paying additional costs that arise in the high school her two children attend. She is very motivated by this work as she is now able to cover expenses that once only her husband could manage.
This is Rosabla's second loan cycle. She prefers to work with the Fundación Mujer (Women's Foundation) for their good service, low interest rates, and because they come all they out to handle the request. She started in this line of work due to the high level of unemployment in her region, and this work has granted her a way to get ahead personally and decide to continue as long as she can because it is a good business.
Rosalba, 32 años de edad, casada, desde hace un año se dedica a la confección de ropa deportiva junto con su hermana la cual venden a los diferentes puestos ubicados en la zona, ellas se dedican a confeccionar la ropa de lunes a viernes y los sábados distribuyen los pedidos a los diferentes clientes, por semana le encargan la mercadería que más necesitan. Doña Rosalba desea este crédito para invertir en la compra de telas ya que su clientela ha aumentado y le solicitan muchos conjuntos deportivos, ya que son de calidad y preferencia para los clientes. Logrando estas ventas semanales ella aporta económicamente al hogar, además paga gastos adicionales que soliciten en el colegio de sus hijos, ella se siente muy motivada con esta actividad ya que ha logrado sufragar gastos que antes solo generaba su esposo.Este es el segundo crédito de doña Rosalba, ella prefiere a Fundación Mujer por el buen servicio, bajas tasas de interés y porque vamos hasta la zona atender la solicitud. Inicia con esta actividad debido a que en la zona no existen suficientes fuentes de trabajo, esto les ha permitido superación personal y deciden continuar hasta donde puedan porque es un buen negocio.
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.