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Sara Ruth
Sara, 50, is married and lives with her husband and two daughters, one of whom attends middle school, while the other is in college. She has been a seamstress for eight years and also sells catalog merchandise and gift bags that she makes herself. Sara needs a loan to pay for part of her daughter's college studies. It is hard for her as her daughter attends a private university, but she wants to do this so that her daughter can succeed and have better work opportunities.

Sara wants to keep working at her jobs, as sales have been good. Though this loan is not for her work, it would meet a need that the family must resolve. Sara wants this loan so that she can see her daughter follow a professional career. She chose Fundación Mujer because she is knows this is the only funding available to achieve her dream.
View original language description ↓
Doña Sara tiene 50 años de edad, es casada y vive con su esposo y dos hijas las cuales están estudiando una en secundaria y la otra en la universidad. Ella es costurera desde hace 8 años, también se dedica a la venta por catálogo y bolsas para regalos que confecciona ella misma.Doña Sara necesita este crédito para pagar parte de los estudios de su hija ya es difícil para ellos pagar la universidad privada donde esta su hija, pero el esfuerzo lo desean hacer para lograr que su hija se supere y tenga la oportunidad de integrarse al campo laboral. Doña Sara desea continuar con su actividad, le va muy bien en sus ventas, aunque el crédito no sea para su actividad, se les presenta una necesidad familiar que deben resolver, ella desea este préstamo para en un futuro ver a su hija como toda una profesional. Eligió a Fundación Mujer porque esta segura que es la única financiera que le prestaría para cumplir este sueño.

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 Costa Rica

  • $11,100
    Average annual income
  • 27
    View loans »
    Costa Rica Loans Fundraising
  • $4,165,075
    Funds lent in using Kiva
  • 504.2
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Sara Ruth to pay her daughter's college fees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 2, 2013
Listed
Jul 25, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014