Update on SugeySugey
Sugey, a 33 year old woman, lives with her brothers and stepfather, and is a hardworking and responsible person with set goals. Since the death of her mother, she has been responsible for the education of her younger brother and for supporting her stepfather, who works in the trade day and night and is dedicated to serving the family business, selling fast foods.
She is independent, and her trading business sells perfumes and clothes. She also manages an office for the payment of services and recharging cell phones. Her dream is to keep building her business, expand it and distribute products throughout the Puntarenas region.
She started her business with a loan from the Cross of Love company (who endorses her as an excellent seller), and, after acquiring capital, has maintained the business and diversified her activities after the death of her mother. Her aunt has supported her and has increased her customer base in the area. She is also recommended by one of the members of the Bank Women Growing Together client who is the applicant. The activity has a steady clientele, has weekly recovery with respect to clothing and perfumes, and the daily service charge, which has come to her to contribute more to support the family.
Her experience in the business as an established clientele has refined in its 3 years of work, offers fashion merchandise and one of its suppliers referred to as one of the top sellers. She and her family (brother specifically) seeks ways to diversify and offer other services that will generate income for the family. Even at night she works in her stepfather´s markets and is very common doing business in Puntarenas.
The applicant has very good references, her business allows her to support her family after the death of her mother. Neighbors and relatives recognize her efforts with customer growth perspective and a good record of work and responsibility.
Sugey tiene 33 años y vive con sus hermanos y su padrastro, Se presenta como una persona trabajadora, responsable y con metas trazadas, ante la muerte de su madre, ella se ha responsabilizado por la educación de su hermano menor, apoyando así a su padrastro quien trabaja de día en el comercio y en la noche se dedican a atender el negocio familiar, que es una venta de comidas rápidas.
La clienta es independiente y tiene su negocio de comercio vendiendo perfumes, ropa y además administra una oficina de pago de servicios y recarga de celulares. Su sueño es fortalecer su negocio, crecer y tener distribución de productos por toda la zona de Puntarenas.
Inició en el comercio con un préstamo de la empresa Cruz de Amor (quien la recomienda como una excelente vendedora), al ir adquiriendo capital ha mantenido su negocio y diversificando sus actividades, después de la muerte de su madre, su tía le ha apoyado y ha aumentado su clientela en la zona. También es recomendada por una de las integrantes del Banco Mujer Creciendo Juntas quien es clienta de la solicitante.
La actividad cuenta con una clientela fija, tiene recuperación semanal en lo que respecta a la ropa y perfumes, y diaria con el pago de servicios, que le ha venido a contribuir más para el apoyo a la familia.
Tiene experiencia en la actividad y una clientela consolidada que ha depurado en sus 2 años de trabajo, ofrece mercadería de moda y uno de sus proveedores la refiere como una de las mejores vendedoras. Apoya a su familia (educación de hermanastro) y busca la forma de diversificar y ofrecer otros servicios que le generen ingresos para el núcleo familiar. Inclusive en la noche labora en la soda de su padrastro y comercializa gaseosas que es un negocio muy común en Puntarenas.
La solicitante presenta muy buenas referencias, su negocio le permite apoyar a su familia, después del fallecimiento de su madre. Los vecinos y familiares reconocen su esfuerzo Cliente con perspectiva de crecimiento y buenos antecedentes de trabajo y responsabilidad.
Previous Loan DetailsSugey is 32 years old and lives with her siblings and her stepfather. She is a hardworking and responsible person who has set clear goals for herself. Faced with the death of her mother, she has taken on responsibility for her younger brother’s education. It is her way of supporting her stepfathe... More from Sugey's previous loan »
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.
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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This loan has been fully funded!
- Repayment Term
- 20 months (Additional Information)
- Repayment Schedule
- Feb 6, 2014
- Feb 20, 2014
- Currency Exchange Loss:
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.