Check out some available loans that are similar to this one!
Alba
Alba’s a 73-year-old married client; she has no children. She’s hardworking with a strong drive towards self-improvement. She’s always worked raising pigs because at the moment of selling them profits are good. Her husband helps her with the business. Occasionally a relative of her husband’s helps care for the animals when she has to go out on personal errands.

She is a very enthusiastic client with a track record in the Fundación. She took out several loans under the women’s bank modality and now has graduated into a personal loan. Even though the growth cycle for pigs varies between four to five months, she gets a pension and she’ll use part of it to make her monthly payments. She will use the loan to buy several pigs, feed and others.
View original language description ↓
Doña Alba es una clienta de 73 años de edad, casada, no tiene hijos. Trabajadora y con muchos deseos de superación. Siempre se ha dedicado a la cría de cerdos, debido que a la hora de las ventas son buenas las ganancias. Cuenta con el apoyo de su esposo en su negocio. En ocasiones cuenta con la ayuda de un familiar de su esposo para el cuido de los animales, cuando ella tiene que salir a hacer diligencias personales. Es una clienta con mucho entusiasmo y trayectoria en la Fundación. Obtuvo varios créditos en la modalidad de banco mujer y ahora se graduá al crédito individual. A pesar que el ciclo de producción de los cerdos es de entre cuatro y cinco meses, ella cuenta con una pensión, la cual va tomar parte de la misma para el pago mensual de la cuota. El préstamo lo va invertir en comprar varios cerdos, alimentos y más.

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.

Tags

About Costa Rica

  • $11,100
    Average annual income
  • 59
    View loans »
    Costa Rica Loans Fundraising
  • $4,320,650
    Funds lent in using Kiva
  • 502.4
    Costa Rica Colones (CRC) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,000 helped Alba to buy pigs to fatten up.
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 3, 2013
Listed
Jul 4, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 20, 2014