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Banco Mujer Con Visión De Exito Group
In this Group: Xinia, Maria, Argerie, Ana Lorena, Consuelo
Xinia is a 44 year old woman, divorced with three kids, 2 of of whom live with her. One is school-aged. To generate more income for her home, she decided to begin a sandal and blouse-selling business, which she has now had for more than 20 years. Divorced once, she realizes that her business will continue and allow her to generate more income and take care of her children. For this reason, she strengthens her business buy working hard for over 6 hours each day. She divides her energy between the chores of the house, attending to her children, and selling sandals and blouses in the vicinity of Puntarenas. She works her schedule around the children's schoolday, so if she has to has to attend to her clients at night, she does. She is a woman who sacrifices to raise her children right and give them a better future.

This credit will allow her to increase her products and diversify, with better quality, her commodities, including: shorts, swimwear, perfumes, in addition to the sandals and blouses that she sells regularly. She is sure that like how she has maintained her family and business for the past 20 years, she will continue to grow the path of success through her vision and the help she has been given.
View original language description ↓
Xinia es una mujer de 44 años de edad, divorciada y tiene 3 hijos, dos de ellos viven con ella aun, uno es de edad escolar. Para generar mayores ingresos para su hogar decide iniciar su negocio de venta de sandalias y blusas hace mas de 20 años, una vez divorciada se da cuenta que el continuar con su negocio le permitirá generar ingresos y poder cuidar a sus hijos, por esta razón s negocio se ve fortalecido con su esfuerzo diario de mas de 6 horas. Divide su energía entre los deberes de la casa, la atención de sus hijos y la venta de sandalias y blusas en las inmediaciones de Puntarenas. Ella acomoda su jornada al horario de la escuela de sus hijos, por lo que si tiene que atender a las clientas en la noche lo hace. Es una mujer que se sacrifica para sacar adelante a sus hijos y brindarles un futuro mejor.
Este crédito le permitirá aumentar su catalogo de productos al diversificar con mayor cantidad de mercadería como lo son: pantalones cortos, vestidos de baño, perfumes además de las sandalias y blusas que vende regularmente.
Ella esta segura que asi como ha logrado mantener su familia y su negocio durante 20 años, lograra crecer y mantenerse en la ruta del éxito por medio de su visión y la ayuda brindada.

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.

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

  • $11,100
    Average annual income
  • 16
    View loans »
    Costa Rica Loans Fundraising
  • $4,065,825
    Funds lent in using Kiva
  • 504.2
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A portion of Banco Mujer Con Visión De Exito Group's $1,500 loan helped a member to buy merchandise for her retail shop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2013
Listed
Sep 3, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014