Check out some available loans that are similar to this one!
Karla is a 34-year-old woman and a single mother with four children. She has been in business for several years. Karla saw the need to generate income without having to neglect her family since she is the head of her household with an obligation to cover family necessities.

Karla has a small room where she keeps an industrial oven that she uses for her work. She has help from an aunt in making the products that she sells. Now she wants to invest in supplies and the purchase of baking tins so that she can offer a wider variety of baked goods. This will enable her to excel in her business and on a personal level.

View original language description ↓
Karla es una mujer con 34 años de edad, soltera y madre de cuatro hijos. Se dedica a su actividad desde hace varios años. Ella vió la necesidad de generar ingresos sin descuidar a su familia, debido a que es jefa de hogar y tiene que satisfacer las necesidades de su hogar. Ella tiene un pequeño cuarto en donde tiene su horno industrial y realiza su trabajo. Cuenta con el apoyo de una tía para hacer sus productos y salir a venderlos.Ahora quiere invertir en materia prima y comprar moldes para ofrecer más variedad de repostería y asi superarse tanto a nivel personal como de negocio.

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
  • 13
    View loans »
    Costa Rica Loans Fundraising
  • $4,836,900
    Funds lent in using Kiva
  • 504.0
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Karla to buy supplies and equipment for baking.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
May 18, 2012
Jun 4, 2012
Currency Exchange Loss:
Nov 17, 2013