A loan of $4,000 helped a member to purchase merchandise for a shop, clothes selling, shoes, and internet cafe customer service.

Banco Mujer Mujeres En Acción Group's story

Banco Mujer Mujeres en Accion Fray Casiano Puntarenas consists of 6 members who worked in previous years with Fundacion Mujer as well as other groups in the area of Puntarenas, demonstrating organization, solidarity, teamwork, and maintaining savings and a consolidated organization. The group members are residents of the Fray Casiano community in Puntarenas and have worked in the area for 5 years. With the Banco Mujer Mujeres en Accion there's been a switch in the presidency of the board of directors, with the appointment of Gianniana. Also, the member Ana Isabel withdrew and the new member Ana Maria joined the ranks. The request for the group's fourth loan was filed. They are involved in a variety of activities and together they have a solid foundation to guarantee the loan. The members are clear on how to track the income of each person, and the concepts of teamwork, collective loan guarantees, and savings. Their work and efforts have been validated by the support of the institutions such as Instituto Mixto de Ayuda Social and Fundacion Mujer, which has allowed them to have consolidated activities (grocery store, bazaar, internet cafe) and use of equipment, a location, and fixtures for their micro-business. Flora has an internet cafe, and this loan will enable her to invest in new equipment to improve the service she provides in the area, obtain more income and also repair some equipment. She's 50 years old and lives with her husband and child who help her take care of the shop for 3 business days. They are empowered, hard-working, and determined women. Teamwork has strengthened them and the organization itself has been a good strategy to keep them on their feet these last 5 years. Their solidarity and efforts with other people makes them stand out in the community as women who know how to provide good service to Barrio Fray Casiano, their place of residence in the province of Puntarenas. They have participated as leaders in Barrio Fray Casiano, a place with high rates of poverty and social problems such as drugs and crime. These women try to help other younger people like Giannina and Karol make money to support their families and households through work and effort.

In this group: Flora, Dora, Xinia, Geannina, Karol*, Ana María
*not pictured

Translated from Spanish by Kiva volunteer Manolo Rodriguez

Loan details

Lenders and lending teams

Loan details