A loan of $1,200 helped buying books and improving store.


Seydy's story

Seydy M. Suarez is a 30 year-old woman. She is a signle mother who lives with her 10 year-old son in a community named Santa Fe located in Los Chiles in the Alajuela province. The community is known for being a mountainous zone near the northern border of the country. Her principal economic activities are livestock and agriculture, specifically the planting of basic grains, sugar cane, and oranges.

A year ago, Ms. Seydy decided to start her own business, so she opened a boookstore. She thinks it was a good idea because there was no bookstore in her community and the local students had to travel hours on bike to get their materials for school. She assures her business improved the quality of life for her and her son. She believes it is time to move forward and enlarge her store.

Currently, she needs a loan of ¢665000 (six hundred sixty-five thousand colones) to buy more books to stock her bookstore. This will allow her to offer greater and better services that will be able to satisfy the needs of the community, particularly the students.

Ms. Seydy is a member of the community bank Manantial in Santa Fe, one of the 100 member organizations of EDESA in Costa Rica. This will be her first loan and with it she hopes to grow on a personal and economic level. She also stresses that thanks to these types of organizations and means of facilitating loans can help many single mothers be successful small businesswomen.

Translated from Spanish by Kiva volunteer Lydia Brantley



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