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Lilliana

Update on Lilliana

Lilliana is a 38-year-old married mother of two who lives with her husband and children. She is a hard worker with a vision for business. She has specialized her work by taking courses through the National Apprenticeship Institute. Lilliana makes a living cutting and sewing garments like pajamas, underwear, swimsuits and other items, and she also makes clothes to measure. She is known within Fundacion Mujer for her excellent morals and responsibility with her payments. At this time, this businesswoman needs a loan for her health. She needs to get dental treatment and doesn't have money available to pay for it due to the high cost. In this way, she will improve her quality of life.
View original language description ↓
Doña Lilliana es una clienta con 38 años de edad, casada y con hijos. Vive con su esposo e hijos. Trabajadora y con visión empresarial. Se ha especializado en su actividad por medio de cursos impartidos en el Instituto Nacional de Aprendizaje. Se dedica al corte y confección de prendas de vestir tales como pijamas, ropa interior, vestidos de baño y más. También cose a la medida. Se ha caracterizado en la Fundación por su excelente moral de pago y responsabilidad. Es una empresaria que en éstos momentos necesita financiamiento para su salud. Necesita hacerse un tratamiento odontológico, el cual no tiene el dinero disponible para pagarlo, debido a que le sale un poco alto el costo, asi mejorar su calidad de vida.

Previous Loan Details

Doña Lilliana is a 37-year-old woman. She is married and the mother of two children. She is humble and very hard-working. She has a track record with the Fundación, and is known for her excellent conduct in repaying her loans. She has taken several courses in cutting and tailoring at ins... More from Lilliana's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Costa Rica

  • $12,900
    Average annual income
  • 22
    View loans »
    Costa Rica Loans Fundraising
  • $4,356,875
    Funds lent in using Kiva
  • 502.1
    Costa Rica Colones (CRC) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,000 helped Lilliana to pay for a dental procedure.
99% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2013
Listed
Aug 22, 2013
Currency Exchange Loss:
Possible
Ended:
May 22, 2015