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Melissa
Melissa is a young 28-year-old woman. She is single and lives with her mother, and one sister and brother. The idea to be a businesswoman was born when Melissa desired to finish and strengthen her education. She began to sell clothes that a distributer brings her from the United State so she wouldn't have to ask her mother for money. With the first loan, she managed to travel to Mexico to bring merchandise. She bought quite a bit; each time, the business grew more. She has managed to contribute more money to the household and she finished her English course.

She currently travels four times a year to Mexico and wants to start travelling to New York because her clientele needs different designs for each season of the year. She can get them at a lower price there, so her profits will improve. She started this business five years ago. She currently has 142 loyal customers, who request clothes, make-up, hair products, shoes and even appliances. She wants this loan to buy new merchandise that they are asking for.

She is still studying; now she is taking an accounting course because she wants to be better prepared when she goes to the university. She recently achieved one of her dreams; she bought a motorcycle in cash. She also has shelves and racks to hang the clothes. She appreciates the support that Fundación Mujer gave her with the previous loan and promises to continue to have an excellent payment standard.
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Melissa es una joven de 28 años de edad, es soltera y vive con su mamá, una hermana y un hermano. La idea de comerciante nace en el momento que Melissa quiere terminar y fortalecer su educación; para no tener que pedirle dinero a su mamá empieza a vender ropa que una distribuidora le trae desde Estados Unidos, con el primer crédito logró viajar a México para traer mercadería, compro suficiente, el negocio iba creciendo cada vez más, ha logrado aportar más dinero al hogar y termino su curso de inglés, actualmente viaja cuatro veces al año a México y desea empezar a viajar hacia New York, ya que su clientela necesita diferentes diseños para cada época del año y allá la consigue a un precio más bajo con el fin de mejorar las ganancias. Ella inicio con esta actividad hace cinco años, actualmente cuenta con 142 clientas fijas, las cuales le solicitan, ropa, maquillaje, productos para el cabello, zapatos y hasta electrodomésticos. Desea este crédito para comprar nueva mercadería que le solicitan. Actualmente continua estudiando, ahora está realizando un curso de contabilidad porque desea ir mejor preparada a la Universidad. Actualmente cumplió uno de sus sueños, compro una motocicleta a contado, también tiene estantes y percheros para colocar la ropa. Ella agradece el apoyo que le brindo Fundación Mujer con el crédito anterior y promete continuar con una excelente moral de pago.

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.

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.

Tags

About Costa Rica

  • $12,900
    Average annual income
  • 37
    View loans »
    Costa Rica Loans Fundraising
  • $4,441,500
    Funds lent in using Kiva
  • 552.1
    Costa Rica Colones (CRC) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,825 helped Melissa to buy merchandise that her clients order from her.
75% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 31, 2014
Listed
May 13, 2014
Currency Exchange Loss:
Possible