A loan of $1,800 helped a member to buy supplies for their retail businesses.

Banco Mujer Mujeres De Cosecha Group's story

Profile: Banco Mujer/Mujeres de Cosecha
Operation #2011-270
900,000 colones

The bank collected information from the group at Chilamate, in Poas, after a recent site visit. We collected data for 8 people, 2 of whom applied for individual loans--including one other Kiva loan--and a group of the rest who joined together to form the Banco Mujer/Mujeres de Cosecha community bank.

The group's 6 members, all women, include the president, Carmen; the treasurer, Rosibel; the secretary, Ines; the controller, Lorena; and two other members, Argentina and Laura. All belong to an evangelical church. These enterprising women decided to join together, with help from Fundacion Mujer, because they wanted to increase their incomes. Furthermore, they value solidarity and want to help other women in their community prosper, not only financially, but also spiritually.

Demonstrating team work and solidarity is an important part of the group's work. They build work skills as a group and develop complementary businesses to generate income. Among the business they are developing are: crafts, beauty products, general commerce and food-sales.

Two of the members have working businesses. One operates a business making and selling tortillas and the other has a general retail business. Another depends on her sewing machine to make clothes for men, women and children. The women want to use this loan to support these businesses and start others. The group expects to learn from their experience with existing businesses to help them create new ones. They also want to be able to create businesses that will leave them time to care for their families.

In addition to their businesses, the women have worked together in the past to raise money for their church. Now they are committed to working as a team to build their businesses and fulfill the terms and conditions of this loan.

The group has long experience making and selling tortillas, sewing and commerce. They will use this loan to support their existing businesses, grow them and start others. They can count on the equipment and customers that they have now. The report finds that this group has fulfilled Banco Mujer's requirements for forming a community bank in terms of skills, commitment and ability to repay the loan. They are ready to harvest the rewards of the seeds they've sown!

In this group: Ines , Argentina , Carmen , Rosibel , Laura , Lorena

Translator profile picture

Translated from Spanish by Kiva volunteer Jere Wiseman

Loan details

Lenders and lending teams

Loan details