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María Lucia

Update on María Lucia

María Lucia
Sarapiqui

Maria Lucia is a person with lots of energy and a desire to start her new projects for improving the family income. She is the head of household and has a retired son due to being an invalid. He helps her with the work of caring for the tilapias and chickens. She used the money from the previous loan to buy tilapias which were destroyed by a flood in the nearby ravines. This problem has been resolved and she is ready to continue. She wants to increase her number of chickens and sell them in the community. She has been working as a cook for a long time at the banana plantation from where she retired.

With everyone’s support they started with 500 tilapia, built the pools, and bought the necessary work supplies. As a result of growth, she built an additional pool and would like to cement it in for the final phase so she can improve the raising conditions and offer a better product. She has sold a small quantity to neighbors and to one of her daughters who has a restaurant on the main street.

The activity will resume, since it was not able to because of the earlier described situation. She has made the improvements to the pools but needs capital to buy the tilapia and feed. She says that she has a pension that will allow her to repay the loan and eventualities as described. She will also buy chickens to raise so she can have another source of income.

There is enough land on which to develop this activity. The tilapia pools are set up to prevent going broke and there are the chicken coups. She lives in a populated neighborhood and there is a potential for sales. There is also an establishment nearby where the product is also offered.
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María Lucia
Sarapiqui

La señora Marí¬a Lucia es una persona con una gran energía y deseos de implementar nuevos proyectos para mejorar la situación de ingresos del núcleo familiar. Ella es la cabeza de familia, un hijo pensionado por invalidez, le ayuda con la actividad de trabajo, mantenimiento y cuido de las tilapias y los pollos. El préstamo anterior se financió para la compra de tilapias que fueron arrasadas por una crecida en la quebrada cercana a las piletas. Este problema ya se solvente y se tienen listas para continuar con el desarrollo de las mismas. Con respecto a los pollos se pretende aumentar su número y seguir así surtiendo una soda de familiares y vendiendo en la comunidad. Trabaja durante mucho tiempo como cocinera en las bananeras de donde obtuvo una pensión.

Con el aporte de todos recibieron una capacitación e iniciaron con 500 tilapias, construyeron las piletas y compararon los implementos necesarios para el trabajo. Ante el crecimiento de los peces edificaron una pileta adicional y además como es la fase final desean cementarla y mejorar las condiciones de crianza de la misma para ofrecer su producto. Ya han vendido una cantidad pequeña a vecinos y a una hija que tiene un restaurante sobre la carretera principal.

La actividad se va a retomar, ya que por las circunstancias descritas anteriormente no se pudo continuar, ya se hicieron las mejoras en las piletas pero se requiere de capital para comprar las tilapias y alimento para su desarrollo. Ella manifiesta que se cuenta con la pensión para cubrir el pago de la cuota estipulada ante eventualidades como las ya explicadas. Además se va a invertir en la crianza de pollos de engorde para tener otras fuentes de ingresos.

La propiedad cuenta con el terreno para desarrollo de la actividad, las piletas para las tilapias están acondicionadas para evitar crecidas de la quebrada y además se cuenta con los gallineros para la cría de los pollos. Se vive en un barrio poblado y existe el potencial de venta del producto, además en las cercanías hay establecimiento donde el producto también es ofrecido.




Previous Loan Details

María Lucia 500.000 2012-67 The member has been in this business for about 5 months. She had land and the basic infrastructure but then there was a flood. Maria Lucia is a very energetic woman who wants to start up new projects to improve the economic situation for her immediate family.… More from María Lucia'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.

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.

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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
  • 497.5
    Costa Rica Colones (CRC) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,225 helped María Lucia to buy tilapia and feed.
68% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 12, 2013
Listed
Dec 8, 2013
Currency Exchange Loss:
Possible