Funded

Total loan: $1,025
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Miriam Elena


A loan of $1,025 helped for the purchase of cleaning products and ceramic painting supplies.


Miriam Elena's story

Miriam is a 45-year-old single mother of four who lives with three of her children in Heredia, in the central valley of Costa Rica. Miriam has opened a bazaar inside her house, where her clients can come by to peruse the various products she has for sale. Through her sales, Miriam hopes to complement the pension she receives from the government to offset the impact of diabetes. To date, Miriam has lost two toes from her left foot and a benign tumor has formed in her stomach (it is currently being determined whether an operation is necessary) due to her illness.

Miriam opened her bazaar three months ago with the financial support of her eldest son. As you can see in the picture, Miriam sells all types of items, such as candles, ceramics (hand painted by Miriam) and lights. She plans to use this loan to purchase inventory items to sell at her bazaar such as cleaning products, as well as painting supplies for her ceramics. Miriam enjoys painting ceramics and hopes to invest in this activity in order to offer her clients inspiring decorations for their homes. The main use of this loan will be to fill her bazaar with items for sale.

Miriam wakes up at 5 am every day, prepares breakfast for her children, carries out domestic jobs, and sends her children to school. Her daughter assists with these tasks and goes to night classes. One of her sons works all day and returns at night.

Miriam's goal is to increase sales revenues in an effort to improve the family's standard of living. Since opening her business, she has been able to earn $200 per month in profit, to complement the $200 she receives from the government. The cost of rent and public services eats up $200 per month, so Miriam is hoping to increase her revenues from the bazaar. Miriam has received training from the National Institute of Apprenticeship in accounting and administration, with the goal of supporting the success of her business.

The main obstacle in her life and her business is her diabetic condition. Her physical mobility has been compromised, making it difficult to travel even short distances, and the presence of a tumour has created both physical and psychological stress. She says that the support of her children, both young and old, and the love she feels inspires her and gives her strength to persevere and provide for her family.



Loan details

Loan length:

20 months
Disbursed date: September 22, 2010
Facilitated by Field Partner: Fundacion Mujer

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: September 22, 2010
Facilitated by Field Partner: Fundacion Mujer