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Banco Mujer Jehová Proveerá Group
In this Group: Amelia , Rosiris , Julia , Lilliam , Judith
Rosiris is a member of the Banco Mujer Jehová Proveerá. She is just 19 years old, married, and has two small children. She makes a living by raising pigs to sell. This is how she helps her husband with the household expenses.

Her husband supports their family as a farmer on a small farm. He does not earn much money at this job, so Rosiris wanted to find a way to help earn more money.

This is her third loan and she will invest it in the purchase of pigs and food.

The group includes four other women who will invest in other farming activities.
View original language description ↓
Rosiris es integrante de Banco Mujer Jehová Proveerá, con apenas de 19 años de edad es casada y madre de 2 niños pequeños, ella se dedica a la cría de cerdos para la venta, y con eso ayuda a su esposo con los gastos familiares. La economía de su familia está sustentada en el trabajo de su esposo como agricultor en una pequeña finca; El dinero que recibe como pago por su trabajo es muy poco, es por eso que Rosiris busca la manera de ayudar, generando un ingreso adicional. Este es el tercer crédito que solicita y lo va a invertir en la compra de cerdos y sus alimentos. En el grupo están 4 socias más que van a invertir en actividades agropecuarias.

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.

Tags

About Costa Rica

  • $11,100
    Average annual income
  • 15
    View loans »
    Costa Rica Loans Fundraising
  • $4,065,825
    Funds lent in using Kiva
  • 497.9
    Costa Rica Colones (CRC) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A portion of Banco Mujer Jehová Proveerá Group's $3,525 loan helped a member to purchase pigs, food, vitamins, and other things.
87% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2013
Listed
Nov 29, 2013
Currency Exchange Loss:
Possible