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Banco Mujer Tayipa Kame Group
In this Group: Marisol , Josefa, Sharon, Grettel, Angelita, Aryerie, Emeida, Delfina, Selfida
Marisol is the leader of the "Tayipa Kame" bank, a group made up of nine indigenous women from the Talamanca area of Limón. The group name is written in the women's indigenous language and means "Working Women". Marisol is 33 years old, married, and has two children. Two years ago she did a training course on dressmaking and now works making clothes to order. This is Marisol's second loan and she is feeling very motivated as she has found a way to contribute to household costs and to have financial independence. This new investment will be used to buy a new sewing machine in order to improve the quality of her clothing items and to speed up production. Marisol has many dreams but her medium-term objective is to convert a room in her house into a dressmaking workshop.
View original language description ↓
Marisol es la lideresa de Banco Tayipa Kame un grupo de 9 mujeres indígenas de la zona de Talamanca en Limón. Su nombre está escrito en su dialecto indígena y significa “Mujeres Trabajando”. Marisol tiene 33 años, es casada y tiene 2 niños. Ella hace dos años y luego de una capacitación en el área de costura se dedica a confeccionar ropa a la medida. Este es su segundo crédito y se siente muy motivada, ya que ha encontrado la manera de contribuir con los gastos familiares, y tener independencia económica. Está nueva inversión será para la compra de una máquina de coser para mejorar la calidad de sus prendas y agilizar la producción. Doña Marisol tiene muchos sueños pero objetivo a mediano plazo es acondicionar un cuarto de su casa para convertirlo en un pequeño taller de costura.

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.

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About Costa Rica

  • $11,100
    Average annual income
  • 10
    View loans »
    Costa Rica Loans Fundraising
  • $3,978,825
    Funds lent in using Kiva
  • 497.8
    Costa Rica Colones (CRC) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Banco Mujer Tayipa Kame Group's $4,525 loan helped a member to buy a sewing machine.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2013
Listed
Dec 1, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 20, 2014