Iris is 52 years old and lives in the community of San Pedro de Poa, a place located in the foothills of the volcano with the same name. She lives with her husband and youngest son, who is in school. She has older children that are students and work to help with the expenses of the house. She sells catalogue products, and with the money she makes from this activity, she buys hens. She sells as many eggs in the community as she does catalogue items. She gets up very early, dresses and feeds her husband and children, and when they leave, she begins to collect eggs. After breakfast, in the afternoon, she goes to sell her catalogue items. With the success she has had, she hopes to use the money from this loan to buy more hens and offer a greater variety of products to her clients because right now she cannot meet the demand. One of her goals is to organize to have a larger and more stable business. One opportunity is the area of marketing. She wants to study and learn marketing material to better negotiate contracts and get more income for her family.
Iris tiene 52 años de edad, vive en la comunidad de San Pedro de Poas, lugar ubicado en las faldas del Volcán que lleva el mismo nombre. Vive con su esposo y un hijo menor de edad que esta en la escuela, tiene dos hijos mayores que estudian y trabajan para colaborar con los gastos de la casa. Ella vende artículos de catalogo y con la ganancia de esta actividad se compro unas gallinas ponedoras. Vende en la comunidad tanto huevos como artículos por medio de catalogo. Ella se levanta muy temprano, le alista la ropa y la comida a sus hijos y esposo, cuando se han ido, inicia las labores de recolección de huevos, después hace el almuerzo y en la tarde sale a vender por medio de catalogo. Ante el éxito obtenido, desea invertir el dinero de este crédito en comprar mas gallinas y ofrecer mayor cantidad de productos a sus clientas, ya que en este momento no abastece toda la demanda. Dentro de sus metas esta el poder organizarse para tener un negocio mas grande y estable, una de sus oportunidades es el área de mercadeo, ella quiere estudiar y aprender de esta materia para negociar mejor sus contratos y así obtener un mayor ingreso para su familia.
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.
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.