A loan of $1,200 helped to acquire appliances at this time. This is a new business and it is producing good earnings.

Bernarda's story

Bernarda is 55 years old. She lives in the city of Heredia with her husband, who has a mechanic's shop, and with three of her children, who are already grown. They have their own jobs, and only one of them is still in school. She also takes care of her grandson in the morning.

A long time member of Fundación Mujer, Bernarda makes blankets and comforters for beds. She also sells products via catalogue. About a year ago she began to sell appliances. This activity has been incorporated very well into her business, since she has a very exclusive clientele, due to her years of experience in business. Since they are expensive products (refrigerators, washers, televisions, and microwaves, among others), she requires a lot of capital. She has to pay her supplier upfront, and then the customer pays in twelve monthly installments, with a profit margin of more than 60%. The loan will be used to by various products of this type, since she has orders for Father's Day (coming up soon), as well as for Mother's Day (August 15).

This client has an excellent membership and impeccable history in regards to her payments.

Translator profile picture

Translated from Spanish by Kiva volunteer Ellen Donohue

Loan details

Lenders and lending teams

Loan details