A loan of $2,100 helped a member for the purchase of various merchandise for sale such as shoes, clothing, livestock and jewelry.

The Women´s Bank Of Dorcas Group's story

The Women’s Bank of Dorcas is a group comprised of 7 women members who live in Paso Canoas, Puntarenas. Each individual member is involved in a commercial activity such as sewing or various types of sales (shoes, clothing, jewelry, livestock and catalogue items). Each woman will use this loan to make general investments in their productive activity. For example, to purchase chickens, animal feed, or various merchandise for sale. As the Christmas season is upon us, many Costa Ricans will be making gift purchases this month. This represents an opportunity for these women to increase their revenues.

Maria Ofelia, the elected president of this group, is a 63-year-old mother of 8 who lives by herself in Paso Canoas. Maria has a sewing business. She produces bedding such as sheets, blankets and pillow covers. She sews during the daytime and at night she prepares the projects she plans to work on for the next day.

The community of Paso Canoas is plagued by poverty, partially due to a serious lack of job opportunities. Maria’s goal is to create a better living situation for herself, her fellow group members, as well as strive to provide employment opportunities in the community at large. Her main obstacle has been a lack of access to working capital. This loan will help to address this issue.

The members of The Women’s Bank of Dorcas know each other from living in the same community and from meetings at the local church. Maria says the main benefit of receiving a loan from Fundacion Mujer is the low interest rate that will be charged, as compared to other financial institutions. The name of this group is symbolic of a hardworking woman that the members learned of in the bible.

In this group: Maria Ofelia, Ana L., Leyda, Yessenia, Stibalis, Grace, Carmen

Loan details

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Loan details