A loan of $1,000 helped to invest in the purchase of catalog merchandise and small household appliances.

Carmen's story

Carmen has been a leader in the Puntarenas area in supporting women who want to excel and get ahead. She lives in Barrio 20 de Noviembre in Puntarenas, a place of great poverty and many social problems. She is 52 and lives with her three children and has a grandson. Through a lot of effort and hard work she has succeeded in providing her children with an education (one of whom is now a nurse) and has also brought together hardworking and enterprising women in order to advocate for their loans from Fundación Mujer, since they are often the only income-earners in their households.

This loan is to buy merchandise, such as catalog products and household appliances, that she is going to purchase in the duty free shopping zone, well known in the southern part of Costa Rica, and take advantage of the season when there are a lot of Christmas bonuses and savings and people want to buy items, whether to give to others or to themselves, a situation that the client, due to her experience and knowledge of the market, knows how to capitalize on.

Carmen also belonged to the Mujer Creciendo Juntas communal bank, which has supported other women with loans for their businesses.

Among her goals, getting ahead stands out, so that she and her children will have a better future; so that they can get more education and she will have support for her business to grow more each day. For now, the greatest difficulty has been the economy; however she has found support for her small business in this program.

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Translated from Spanish by Kiva volunteer Diane Chaney

Loan details

Lenders and lending teams

Loan details