Check out some available loans that are similar to this one!
Teresita
Teresita
600.000
2013-102


She is a hardworking and humble Nicaraguan mother of 5. At 46 years old, she fights to get them ahead with education and a being a good example. Right now the younger ones are in school and getting good grades, despite the limitations they have in the home. Teresita's hard work and the help of people she knows allowed her to open a store 2 years ago where she sells meals. She became known in the area on weekends. After visiting and sharing the family's scarcities, the education, kindness and friendliness of its members can be seen. They work as a team to achieve a better quality of life. Two of her children are in the fifth year and they are getting top grades. Her youngest daughter is in the third year at school and she also has excellent grades.

The work selling food and the help of her daughters has allowed her to improve her humble home with materials that many would consider scrap. She made her shelves, display cases, and her work desk and cash box and she opened her store in her community. After working for 2 years, she has become established and she offers clothing merchandise and sandals that are very popular in the area of Puntarenas. Going over the business' documents, the additional income with the meals and her daughters' help, one can see that the work, which is contributed to by the whole family, allows her to serve her customers and offer high quality merchandise. The loan is going to allow her to buy and diversify her products, and to grow and help her children, which is her main objective.

The store is located in a poor neighborhood of Puntarenas, with a dirt floor and shelves made from scrap materials. She keeps things neat and impeccably clean. She is an example in the area of hard work and dedication to her children. Her store is the only one in the area. On weekends, they sell food and with the help of her younger children she tends to the business. She wants them to stay in school and have good careers, thus improving their quality of life. She dreams of improving her house and her store in the future.
View original language description ↓
Teresita
600.000
2013-102


Madre nicaragüense de 5 hijos, humilde y trabajadora, a sus 46 años lucha por sacarlos adelante, mediante el estudio y un buen ejemplo de vida. Actualmente los menores están estudiando y obteniendo excelentes calificaciones, pese a las limitaciones que tiene en su hogar. El esfuerzo de Teresita y el apoyo de gente conocida le permiten abrir su tiendita hace 2 años y mantiene la venta de comidas, por lo que se hizo conocida en la zona, los fines de semana. Después de la visita y compartiendo las carencias de esta familia, se nota la educación buen trato y amabilidad de sus integrantes, que trabajan en equipo para lograr una mejor calidad de vida. Además 2 de sus hijos están en quinto año y son los primeros promedios y su hija menor esta en tercero de la escuela también con excelentes calificaciones.

El trabajo en la venta de comidas y el apoyo de sus hijas le permite acondicionar el frente de su humilde vivienda y con materiales que muchos consideraríamos desecho, armo sus estantes, sus exhibidores y su escritorio de trabajo y caja y abrió su tienda en la comunidad. En 2 años de trabajo se ha establecido y ofrece mercadería de moda y sandalias muy populares en la zona de Puntarenas. Revisando los documentos del negocio, los ingresos adicionales con las comidas y el apoyo de sus hijas, la actividad, que es un conjunto de aportes de toda la familia, les permite atender sus clientes y ofrecer mercadería de muy buena calidad. El préstamo le va a permitir comprar y diversificar sus productos, crecer y apoyar a sus hijos en el estudio, que es su principal objetivo.

La tiendita está localizada en un barrio pobre de la zona de Puntarenas, de piso de tierra y estantería elaborada con materiales de desecho, mantiene un orden y limpieza impecables. Ejemplo en la zona de esfuerzo y dedicación por sus hijos, su tienda es única en la zona y referencia para muchas personas para comprar ropa de moda y calidad pese a las condiciones humildes de su local. Los fines de semana venden comida y con el apoyo de sus hijos menores atiende el negocio. Desea que ellos sigan estudiando y logren sacar una carrera, mejorando así su nivel de vida. Sueña con mejorar su casa y su tienda en un futuro.

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.

About Costa Rica

  • $12,900
    Average annual income
  • 26
    View loans »
    Costa Rica Loans Fundraising
  • $4,365,675
    Funds lent in using Kiva
  • 500.8
    Costa Rica Colones (CRC) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,200 helped Teresita to buy women's and men's clothing, sandals and jewelry.
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 13, 2013
Listed
Jun 10, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2015