Mrs. María is a 42 year old mother to four children and is married. She lives with her husband and three children of which only one is a minor. Mrs. María has been a member of the foundation for a while; she is a hardworker and is dedicated to her family. Her main work is milking the cows to sell the milk, and has the help of a daughter and her husband helps when he has free time since he is working elsewhere. Mrs. María has 4 dairy cows and four heifers; she only has one customer who makes cheese in the same neighborhood. Her goal is to increase her livestock inventory to grow her business, get ahead and live off her business, to make it a family affair. Mrs. María would like to have a big enterprise and new customers for her products; one of the obstacles that her business faces is the changing milk prices.
Doña María es una clienta de 42 años de edad, casada y madre de cuatro hijos. Vive con su esposo y tres hijos, de los cuales solamente uno es menor de edad. Ella tiene trayectoria en la Fundación. Es trabajadora y dedicada a su familia. Vive en una finca en donde tiene el ganado y otros animales. Su actividad principal es el ordeño de las vacas para la venta de la leche. Tiene el apoyo de una hija para la actividad y su esposo le ayuda en los tiempos libres de él, debido a que es asalariado. Cuenta con cuatro vacas lecheras y cuatro novillas. Tiene solamente un cliente y es una quesera en la misma comunidad, a los cuales le vende la leche. Su meta es lograr aumentar su inventario de ganado para crecer, superarse y vivir del mismo negocio, hacerlo familiar. Hacer una empresa grande y asi buscar nuevos clientes para sus productos. Uno de los obstáculos que presenta su negocio es la inestabilidad del precio de la leche.
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.