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Maria Elena
Maria Elena is a 44-year-old woman. She is the mother of one son and is divorced. She is a very hardworking, determined and strong woman. She has an entrepreneurial character and has run her flower shop for 10 years. She started as an employee and is now the owner of the business. This is her second loan. She found out about the foundation through her aunt.

The borrower has a flower shop adjacent to her house. She converted one room to serve as her office where she makes greeting cards. With her first loan she bought furniture and equipment for her business.

There is no competition around where her business is located. It is a location facing the street, in a good position to make sales. She wakes up early every morning, and she opens her store at 8 in the morning and closes at 7 in the evening. She does her household chores in the morning, and her son helps her with her business.

With this loan she intends to invest in more merchandise and material to build her inventory of flowers and greeting cards.
View original language description ↓
Doña Maria Elena es una mujer de 44 años de edad madre de un niño, divorciada, una mujer muy trabajadora, esforzada, luchadora, una señora con caracter de emprendedurismo, hace 10 años maneja el negocio de la floristeria, empezó como empleada y ahora es la dueña del negocio, es su segundo préstamo, se entero de la Fundación por medio de la tia.

La clienta tiene un negocio de floristeria a la par de su casa ella acondiciono un cuarto para su oficina de tarjetas decorativas,con este credito seria el segundo con el primero crecio su mobiliario ya que compro varios equipo de trabajo

Por alrededor del negocio no hay competencia, es un local frente a la calle es un buen punto de veta, ella se levanta temprano todos los dias y abre el negocio a las 8 de la mañana y cierra a las 7 de la noche las labores domesticas las hace en la mañana y hijo le ayuda con el negocio

Con el credito piensa invertir en la compra de mas mercaderia y materia prima para reforzar su capital en flores y la deoración de tarjetas.

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
  • $4,722,350
    Funds lent in using Kiva
  • 507.6
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Maria Elena to buy merchandise such as flowers and materials to make greeting cards and floral arrangements.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Sep 30, 2011
Sep 30, 2011
Currency Exchange Loss:
Apr 21, 2012