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Xinia Maria
Xinia Maria is 35 years old and lives with her 3 children. Xinia is the owner of a restaurant where she sells fast food, casados (a typical Costa Rican dish of rice and beans with some type of meat), and an à la carte menu.
Xinia started her business 6 months ago. She established her restaurant because she likes the kitchen and wants to grow as a business woman. She works 7 days a week. She gets up at 4 AM to prepare the food for sale. Xinia works about18 continuous hours daily in her business. She has grown a lot personally, since going from being employed to being owner and manager. Thanks to that, she has been able to provide a better education for her children.
Xinia has requested a loan from Fundación Mujer (Woman Foundation) in order to buy new equipment for her business such as a small freezer, a double boiler, and kitchen utensils. In the future Xinia wants to be able to have her own infrastructure so she can stop paying rent. Xinia knows that she is in a competitive industry, but also knows that she can surpass the competition providing better customer service and competitive prices.
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Xinia Maria tiene 35 años, y vive con sus tres hijos. Xinia es dueña de un restaurante, donde ella vende comidas rapidas, casados (un plato tipico costaricense, donde se sirve arroz y fijoles con algun tipo de carne), y menu a la carta.

Xinia inicio su negocio hace 6 meses. Ella establecio su restaurante ya que le gusta la cocina y quiere crecer como negociante. Ella trabaja 7 dias a la semana, se levanta a las 4 am a preparar los alimentos para la venta. Xinia labora alrededor de 18 horas continuas diariamente en su negocio. Ella ha crecido mucho en lo personal, ya que paso de ser empleada, a ser dueña y administradora. Gracias a eso ella ha podido brindarle una mejor educacion a sus hijos.

Xinia ha solicitado un prestamo a Fundacion Mujer para la compra de nuevo equipo para su negocio, tal como un pequeño congelador, baño maria, y utencilios de cocina. En un futuro Xinia desea oder tener su propia infrastructura para dejar de pagar alguiler. Xinia sabe que esta en una industria competitiva, pero tambien sabe que puede superar la competencia brindando mejor atencion al cliente, y precios competitivos.

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
  • 6
    View loans »
    Costa Rica Loans Fundraising
  • $4,836,900
    Funds lent in using Kiva
  • 503.7
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Xinia Maria to buy equipment such as a freezer, a double boiler, and kitchen utensils for her restaurant.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Nov 15, 2011
Nov 20, 2011
Currency Exchange Loss:
Jul 18, 2013