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Operation 2011-138
594000 colones

Elieth is an enterprising, hard working, 45-year-old mother living with her husband and two minor children. She sells clothes and basic need items via catalogue. She also has two sewing machines that she uses to make clothes that she sells to her relatives. In addition, she’s the Treasurer of her children’s school’s parent’s association, an unpaid position. A longstanding client of Fundación Mujer recommended her. She tends to her children in the morning and does her household chores and in the afternoons she tends to school-related activities and takes advantage of them to sell her products.

She lives in the San Rafael de Heredia zone in Costa Rica’s Central Valley. Her husband works in an orthopedic clinic and they are both supporting the nuclear family and wish to prosper and improve their economic situation.

Her main activity consists in catalogue sales. She is asking for this loan to pay cash for her merchandise so that she can offer her customers a better payment plan and increase her income this way because the firms she buys from don’t provide her with this service which forces her to purchase only what she has ready cash for. Another important situation is to reactivate her sewing machines buying raw materials to make lingerie that she sells to her relatives. She hopes to buy a machine, called cover, that produces a better finishing on garments.

The impact of the loan is highly important because it gives her the opportunity to buy merchandise and support her family which is of limited resources. According to her background check, her payment behavior is excellent and the recommendations she has show her to be an honest, hard working person.
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Operación 2011-138
594000 colones

Elieth, es una emprendedora y trabajadora madre de 45 años de edad, actualmente vive con su esposo y 2 hijos menores de edad, maneja la actividad de venta por catálogo, ofreciendo ropa y artículos de primera necesidad a sus clientes, además cuenta con 3 maquinas de coser, con las que elabora ropa que vende entre sus familiares. Además participa en el patronato de la escuela donde estudian sus hijos, tiene el puesto de tesorera, el cual es ad honorem. Es recomendada por una clienta de trayectoria de Fundación Mujer. En las mañanas atiende a sus hijos y realiza las labores de la casa, por las tardes participa en las actividades de la escuela y aprovecha para vender sus productos
Vive en la zona de San Rafael de Heredia, en el Valle Central de Costa Rica, su esposo trabaja en una clínica ortopédica y ambos han sacado adelante el núcleo familiar y desean prosperar y mejorar su situación económica. Su actividad principal es la venta de catálogo, la clienta solicita este crédito para comprar mercadería de contado y poder ofrecer a sus clientes un mejor sistema de pagos y así incrementar su ingreso, ya que las empresas donde compra no le dan a ella este servicio, limitando sus compras al capital disponible.

Otra situación importante es el reactivar sus máquinas de coser, comprando materia prima para elaborar ropa intima, la cual vende a sus familiares, con esto desea ahorra y comprar una máquina, llamada cover, la cual le da un mejor acabado a la ropa.
El impacto del crédito es de suma importancia, ya que les da la oportunidad de comprar mercadería y apoyar a su familia que es de escasos recursos, su moral de pago se demuestra excelente según la revisión de sus antecedentes, y las recomendaciones que presenta la demuestran como una persona horada y trabajadora.

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.

About Costa Rica

  • $12,900
    Average annual income
  • 11
    View loans »
    Costa Rica Loans Fundraising
  • $4,719,900
    Funds lent in using Kiva
  • 495.0
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Elieth to buy merchandise from her catalogues.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
May 25, 2011
May 31, 2011
Currency Exchange Loss:
Jan 19, 2013