Banco Mujer Las Triunfadoras Group
This work is Patricia's only source of income for her family. As a result, this investment is vital for strengthening her business and improving Patricia and her daughters' quality of life. Alongside Patricia, this group has three other members who will invest in their businesses and artisan work.
La actividad que realiza la clienta es una única fuente de ingresos que recibe su familia, es por eso que la inversión de capital de trabajo es vital para fortalecer su negocio, y mejorar la calidad de vida de ella y sus hijas. Junto a Doña Patricia integran el grupo 3 socias más que van a invertir en actividades comerciales y artesanales.
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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
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Success!! The loan was 100% repaid