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Banco Mujer Alàglöwa Te Kà Bei Biketse Group
In this Group: Maritza, Sindia, Lizbeth, Emilia, Auxiliadora, Carla, Bertilia, Rosalia
The lending group "Banco Mujer Alàglowa Te Ka Bei Biketse" is composed of 8 indigenous women in the community of Gavilán Canta, located in Alta Talamanca. The name of this group is written in the local dialect Cabecar, and it means "Women Thinking of a Better Future." The women in this group all work in agriculture and have a lot of experience doing so. They are convinced that by working together as a group they will be able to improve the area in which they live.

The leader of the group, Maritza, is 31 years old and a single mother of three children. She cultivates bananas and plantains, and the income she earns from this activity allows her to support her children. This is her first loan, which she plans to invest in seeds, fertilizer, and insecticide among other items. This loan will be a great help for her, as it will enable her to improve the quality of her harvests, sell her goods for a better price (directly to the customer and without the use of an intermediary), and use the income to support her children's studies.
View original language description ↓
Banco Mujer Alàglowa Te Ka Bei Biketse es el nombre que escogió este grupo de 8 mujeres indígenas de una comunidad en la Alta Talamanca, llamada Gavilán Canta, que se dedican a la agricultura. Su nombre está escrito en un dialecto Cabecar y significa “Mujeres Pensando en un Futuro Mejor”. Ellas tienen mucha experiencia en organización y están convencidas que si luchan en grupo pueden lograr mejorar el entorno en el que viven. La líder del grupo es Maritza, una mujer de 31 años, soltera, Jefa de hogar y madre de 3 niños. Ella es agricultora, cultiva plátano y banano, y es está actividad la que le permite llevar el sustento a sus hijos. Este es su primer crédito y su plan de inversión es la compra de insumos para siembra como semillas, abonos, fertilizantes, insecticidas, bolsas y otros. El crédito va ser de mucha ayuda para ellas ya que les permitirá mejorar la calidad de sus cultivos para poder colocarlos a un mejor precio directamente al consumidor sin necesidad de intermediarios y poder darle es estudio a sus hijos.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Costa Rica

  • $12,900
    Average annual income
  • 57
    View loans »
    Costa Rica Loans Fundraising
  • $4,673,875
    Funds lent in using Kiva
  • 502.3
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A portion of Banco Mujer Alàglöwa Te Kà Bei Biketse Group's $2,400 loan helped a member to buy seeds, fertilizer, insecticide, and other agricultural items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jul 20, 2013
Jul 5, 2013
Currency Exchange Loss:
Feb 17, 2014