A loan of $800 helped a member buy soft drinks, juices, crackers, and candies.

Banco Mujer Promujer Group's story

This is a group of women who have received two loans from Fundacion Mujer (Women’s Foundation). Now, the organization will fund two of the members of Banco Mujer (Women’s Bank), Anita and Herminia, who are in their second loan cycle. Both of the women are neighbors in Paso Canoas, on the border between Costa Rica and Panama, and they have worked in the same business, selling food and candies, for many years. They are not in direct competition with each other since Herminia’s store is on the main street and Anita’s is in a neighborhood called Laurel which is 6 kilometers from Paso Canoas. This is an important source of income generation for their families, as it is Herminia’s only source of income and Anita’s partner is an under-employed farm worker who often cannot work a full week. What he is able to bring home as salary varies, so Anita’s work supplements the family’s budget. This loan will be used to strengthen the capital earned from selling sodas and will be invested in the purchase of the raw materials to make hamburgers, tacos, etc. The women’s short-term goal is to be able to count on their financial resources to make home improvements, both on the roof and floors.

In this group: Anita, Herminia

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Translated from Spanish by Kiva volunteer Molly Jones

Loan details

Lenders and lending teams

Loan details