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Marta Teresa
Marta Teresa is the hardworking mother of five children. Her dressmaking business allowed her to educate her children, who now have careers. She is known in the area for making and altering clothing and sewing suits and uniforms for school, band activities, and other uses. Because she has run her business for more than 25 years, local institutions use her services. She has two home machines and her own shop, and she has just payed for her car.

Originally Marta offered alterations in the area; she become know and started her business. Her business is strong, her clients are loyal, and her merchandise is high quality. She wants to use this loan to buy an industrial sewing machine to increase output and to service other markets that she now reaches by car. She chose to work with Fundación Mujer because the institution offers low interest rates and good service.
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Madre de 5 hijos y mujer trabajadora, con su negocio de costura ha logrado que ellos estudien; teniendo 5 hijos profesionales. Reconocida en la zona por la confección de ropa, arreglos y además elaboración de trajes y uniformes para actividades escolares, de bandas y cualquier cosa que le soliciten. Ha mantenido su negocio por más de 25 años, por lo que es solicitada por todas las instituciones de la zona. Trabaja con 2 maquinas caseras, cuenta con su taller propio y está terminando de pagar su carro.
Inicia ofreciendo sus servicios en la zona para el arreglo de ropa, se empieza a dar a conocer y a darle forma a su negocio.
Actividad consolidada en la zona, tiene un mercado fijo y su producto es de muy buena calidad. Desea este crédito para invertirlo en una máquina industrial, logrando aumentar su producción y así atender otros mercados; que ha logrado abrir con el vehículo que posee. Eligió Fundación Mujer porque ofrecen tasas de interés bajas y un buen servicio.

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.

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About Costa Rica

  • $11,100
    Average annual income
  • 1
    View loans »
    Costa Rica Loans Fundraising
  • $4,017,375
    Funds lent in using Kiva
  • 497.8
    Costa Rica Colones (CRC) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,225 helped Marta Teresa to buy a sewing machine.
74% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2013
Listed
Dec 5, 2013
Currency Exchange Loss:
Possible