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Banco Mujer Esfuerzo Mutuo Group
In this Group: Alba Luz , Floribeth, Ingrid, Vilma, Kiara, Jeylin, Yamileth
Vilma is 46 years old and a member of the community bank Mujer Esfuerzo Mutuo. She is the mother of three children, but takes care of only one of them and a grandson. Vilma is described as a courageous person because she has always found a way to provide for her family, despite her health problems. She has had two heart operations but still works from sunrise to sunset on her small farm, where she grows plantains.

This is Vilma’s fourth loan, which she will use to buy supplies such as seeds, manure, fertilizers, insecticides, bags and boxes. She says that her dream is to improve her living conditions and to be able to pay for private health care so that she can get better and continue working. Shown in the photo with Vilma are six other members of the group who are going to invest in agricultural businesses.
View original language description ↓
Doña Vilma es integrante de Banco Mujer Esfuerzo Mutuo tiene 46 años de edad y es madre de 3 hijos, pero a su cargo solo está su hija menor y si nieto. Ella en una mujer muy valiente ya que siempre ha buscado la forma de sacar adelante a su familia pese a sus problemas de salud, ha sido operada 2 veces del corazón. Aún así Doña Vilma trabaja de sol a sol en su pequeña finca de donde cultiva plátano. Este es el cuarto préstamo que solicita, lo va a invertir en la compra de insumos como; semillas, abonos, fertilizantes, insecticidas, bolsas, cajas y otros insumos. Los deseos de esta señora son mejorar sus condiciones de vida, y tener la posibilidad de pagar servicios de salud privadas para mejorar su salud y seguir trabajando. Junto a Doña Vilma están el grupo 6 socias más q van invertir en actividades agropecuarias.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.


About Costa Rica

  • $12,900
    Average annual income
  • 1
    View loans »
    Costa Rica Loans Fundraising
  • $4,804,475
    Funds lent in using Kiva
  • 506.5
    Costa Rica Colones (CRC) = $1 USD

Success!! The loan was 100% repaid

A portion of Banco Mujer Esfuerzo Mutuo Group's $5,550 loan helped a member to buy seeds, manure, fertilizers, insecticides, bags, boxes and other supplies.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Oct 25, 2013
Oct 12, 2013
Currency Exchange Loss:
May 22, 2015