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María

Update on María

Maria is 45, married, and the mother to four children. She lives with her husband and three children, only one of whom is a minor. She has experience in the Fundación organization. She is a hard worker and dedicated to her family.

Maria lives on a farm where she raises cattle and other animals. Her main work is milking the cows to sell the milk. Her daughter helps her with this work and her husband helps when he has free time from his paid job. She has only one buyer of the milk, because she needs more raw material to satisfy her clients.

Her goal is to increase the number of cattle in her dairy in order to grow, overcome, and make a living with her business; to have a large family company and through that find new clients and improve the quality of life for her and her family. Now Maria needs to strengthen her business by purchasing more cattle and making a biodigestor to help the environment.
View original language description ↓
Doña María es una clienta de 45 años de edad, casada y madre de cuatro hijos. Vive con su esposo y tres hijos, de los cuales solamente uno es menor de edad. Ella tiene trayectoria en la Fundación. Es trabajadora y dedicada a su familia. Vive en una finca en donde tiene el ganado y otros animales. Su actividad principal es el ordeño de las vacas para la venta de la leche. Tiene el apoyo de una hija para la actividad y su esposo le ayuda en los tiempos libres de él, debido a que es asalariado. Tiene solo un comprador de la leche, debido a que necesita más materia prima para satisfacer a sus clientes. Su meta es lograr aumentar la cantidad de cabezas de ganado lechero para crecer, superarse y vivir del mismo negocio, hacer una empresa grande familiar y asi buscar nuevos clientes y mejorar la calidad de vida de ella y la de su familia. Ahora necesita reforzar su negocio comprando más cabezas de ganado y hacer un biodigestor para ayudar al medio ambiente.

Previous Loan Details

Mrs. María is a 42 year old mother to four children and is married. She lives with her husband and three children of which only one is a minor. Mrs. María has been a member of the foundation for a while; she is a hardworker and is dedicated to her family. Her main work is milking the cows to sell… More from María'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
  • 7
    View loans »
    Costa Rica Loans Fundraising
  • $3,978,825
    Funds lent in using Kiva
  • 553.5
    Costa Rica Colones (CRC) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,825 helped María to purchase a bull and a heifer.
34% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 3, 2014
Listed
May 25, 2014
Currency Exchange Loss:
Possible