A loan of $4,625 helped a member to buy merchandise, clothes, shoes, perfumes.

Banco Mujer Mujeres Esforzadas Group's story

Banco Mujer Mujeres Esforzadas
Fray Casiano Puntarenas

Banco Mujer Mujeres Esforzadas presents the loan request of eight members, who work in a community in Puntarenas (Fray Casiano) with high poverty levels. The group of women in the zone keep savings and participate in group activities to generate income. They have done the same work for eight years, they have requested loans, and they know how to work in a group. They have formed a Board of Directors and created the third loan request from Banco Mujer Mujeres Esforzadas. Kattia is currently the president.

Her work and effort have allowed her to consolidate her activity, which is trading in general (selling clothing, shoes, perfumes, etc). The loan will go towards improving her group's working conditions. It will allow them to invest for half a year, increasing their inventory and covering orders for the mid-year vacations and Father's Day.

They collect the payments weekly, which allows them to have a larger payment margin, and they commit to paying off the loan within eight months.

Some of the women are heads of household; such is the case of Kattia, who works selling clothes and shoes in the area. She will bring merchandise to San José and travel to the border with Panama. She is supported by her husband and keeps a long list of clients. She is 35 years old, a hardworking woman, and respected in the community. Apart from working in the afternoons, she also sees her children and attends the group meetings.

The objective is to improve the conditions of their businesses. Getting a loan is appropriate to their needs, contributes to the development of the area, and, of course, improves the quality of life of their families. The name of their group motivates them to be better every day, Mujeres Esforzadas (Hardworking Women).

In this group: Grettel , Diana , Herminia , Maribel , Kenyi, Kattia , Elibania , Evelin

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Translated from Spanish by Kiva volunteer Elizabeth Meravi

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Loan details