A loan of $3,300 helped a member various businesses: clothing sales, shoes, perfume, and others. It will be invested in anticipation of the vacation period and mothers' day.


Banco Mujer Emprendedoras Group's story

Banco Mujer Emprendedoras Fray Casiano, Puntarenas 2012-179

The Mujer Emprendedoras ["Entrepreneurial Women"] Bank presents the loan request of nine members who have worked together as an organized group in Fray Casiano for 8 years. This is an area of Puntarenas with a high level of poverty. These women have demonstrated a good grasp of the concepts of group work (solidarity, savings, and coordinating activities to generate income) and have clear work rules. They have requested loans and know the discipline of group work. They have formed a board of directors, and the original documents were prepared to set up the 'Entrepreneurial Women' communal bank. Their hard work and effort has allowed each of them to be better street merchants; this fact was evidenced in the meetings with each member. Erika, a group member, will invest this loan in the purchase of sandals, clothing, beauty products, and general merchandise, increasing her inventory and covering orders for the vacation season and Mothers' Day. These women also sell food and raffle tickets, which allows them to increase their savings and support their families by covering household costs and their children's studies. The majority are single mothers, the heads of their households, and their economic contributions are very important for their quality of life and that of their sons and daughters. Erika is a very hard-working woman, and thanks to the group's internal organization she will be able to pay back the loan weekly, which will allow her to have a wider margin to get the money for repayment. Their group president sells clothing. They feel that she has been a good leader. They hope to get this loan so that they can keep growing every day. They are hard-working women. Through their organization they have been able to succeed and improve their families' incomes, supporting their children's studies and helping their partners to contribute to the household funds.

In this group: Katherine , Leticia , Luz Marina , María , Yorleny , Yesenia , Gerardina , Ericka , Yaricsa
*not pictured

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Loan details