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Xinia María
Xinia is a visionary client, with extensive commercial experience in the services sector, providing public payment services for services such as electricity, water, telephone, internet and rental of premises. She wants to create a bookshop and café, taking into account the population growth in the community and the emergence of new needs. The intention is to support her business and expand it, in order to ensure that she and her husband have an old age with a good quality of life. This business will also offer new services to the people of her community.
View original language description ↓
Doña Xinia es una clienta visionaria, con gran experiencia comercial en la rama de servicios, ofrece el servicio al público de pago de servicios como luz, agua, telefonía, internet , alquiler de locales . Quiere implementar un negocio de librería y cafetería, considerando el crecimiento de población en su comunidad y surgimiento de nuevas necesidades.
El propósito de mantener su negocio y ampliarlo, es asegurarse ella y su esposo una vejez con calidad de vida.
Y ofrecer nuevos servicios a los habitantes de su comunidad.

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.

About Costa Rica

  • $12,900
    Average annual income
  • 26
    View loans »
    Costa Rica Loans Fundraising
  • $4,365,675
    Funds lent in using Kiva
  • 502.7
    Costa Rica Colones (CRC) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,600 helped Xinia María to purchase goods for her bookstore and cafeteria.
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2013
Listed
Sep 15, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014