Doña Katty is a 43-year old woman who is divorced and the mother of four children. She currently lives with her partner and her youngest son, who is 17 years old. She is a member on course with Fundación. She is nice, business-minded and is known for being responsible. Doña Katty has a lot of experience in her business, and because she manages the business well, it has been successful. Eight months ago, Doña Katty moved from one community to another. She set up her business in her house. Business is always good for her because of her quality food service. Her customers are her neighbors, and at times she gets contracts with various entities to sell breakfasts, lunches and dinners. She is going to invest her loan in the purchase of raw materials for making soda.
Doña Katty es una mujer con 43 años de edad, divorciada y madre de cuatro hijos. Actualmente vive en unión libre y con su hijo menor de 17 años. Es una clienta con trayectoria en la Fundación, simpática, con visión empresarial y se ha caracterizado por su responsabilidad. Tiene mucha experiencia en su negocio y debido a la buena administración del mismo le va muy bien. Hace ocho meses se mudó de una comunidad a otra y puso su negocio en su misma casa, siempre le va bien puesto que su servicio de comidas es bueno. Sus clientes son vecinos y en ocasiones tiene contratos con algunas entidades en la venta de desayunos, almuerzos y cenas. Su préstamo lo va invertir en comprar materia prima para la soda.
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.