By San José, Costa Rica — Davivienda has launched “Mi Empresa Mujer” (My Woman Business), a comprehensive program designed to bolster women-led businesses in Costa Rica. This initiative aims to address the historical challenges women entrepreneurs face in accessing financial services and growth opportunities.
Many women-owned businesses, often family-run, struggle to secure loans due to a lack of collateral and limited access to training and management resources. This hinders their expansion, innovation, and overall competitiveness.
To provide legal context on the challenges and opportunities surrounding women’s entrepreneurship in Costa Rica, TicosLand.com spoke with Lic. Larry Hans Arroyo Vargas, an attorney at Bufete de Costa Rica.
While Costa Rica has made significant strides in promoting gender equality, women entrepreneurs still face unique legal and business hurdles, particularly regarding access to financing and property rights. However, the legal landscape is evolving with increased support programs and initiatives aimed at empowering women-owned businesses. Understanding these resources and navigating the legal framework is crucial for women to thrive in the entrepreneurial ecosystem.
Lic. Larry Hans Arroyo Vargas, Attorney at Law, Bufete de Costa Rica
Lic. Arroyo Vargas’s insight underscores a crucial point: while progress is being made, navigating the legal and financial landscape remains a key challenge for women entrepreneurs in Costa Rica. Empowering women-owned businesses requires not only supportive programs but also a thorough understanding of the evolving legal framework. We thank Lic. Larry Hans Arroyo Vargas for shedding light on this important aspect of women’s entrepreneurship in Costa Rica.
We live in a world that is our home, which we must make more prosperous, more inclusive, and greener. At Davivienda, we understand that true progress is born when everyone has the same opportunities to grow. That’s why we present ‘Mi Empresa Mujer,’ a proposal designed to strengthen women entrepreneurs, leaders, and professionals, promoting businesses with a sustainable impact.
Marco Agüero, Public Relations Manager, Davivienda Costa Rica
“Mi Empresa Mujer” provides preferential financing, training, mentorship, financial wellness programs, and networking opportunities. It offers access to financing without collateral requirements, leveraging guarantees from Fodemipyme and offering preferential rates.
The program also includes digital solutions for sales and payments with reduced costs, specialized savings programs, and access to preferential exchange rates. Benefits extend to insurance and leasing options, protecting businesses and their future growth.
Beyond financial support, the program offers training through virtual tools and regional webinars, participation in the “Trampolín Comercial” networking platform, personalized financial advice for new projects, and free financial education resources.
A financial well-being program assesses and improves the financial health of teams, impacting productivity and the work environment.
With the launch of ‘Mi Empresa Mujer,’ we reaffirm our commitment to enriching the lives of our clients with integrity. At Davivienda, we recognize the transformative potential of women’s leadership and firmly believe in their power as agents of change and growth in our economy. That’s why we are committed to supporting them with solutions designed to enhance their projects, integrating sustainability, equity, and economic development, thus contributing to building a more just world for all.
Marco Agüero, Public Relations Manager, Davivienda Costa Rica
Davivienda aims to empower Costa Rican women entrepreneurs with the financial resources, knowledge, and connections they need to thrive, formalize their businesses, and strengthen their competitiveness. The bank recognizes their contribution to society and believes that when a woman progresses, so does her family, her business, and her community.
For further information, visit www.davivienda.cr
About Davivienda:
Davivienda is a financial institution operating in Costa Rica and other Latin American countries. Committed to sustainable development and financial inclusion, the bank offers a wide range of products and services for individuals and businesses. With the “Mi Empresa Mujer” program, Davivienda reinforces its commitment to empowering women entrepreneurs and fostering economic growth.
For further information, visit the nearest office of Fodemipyme
About Fodemipyme:
Fodemipyme is a Costa Rican development fund focused on supporting micro, small, and medium-sized enterprises (MSMEs). It plays a crucial role in facilitating access to financing for businesses that might not qualify for traditional loans, thereby promoting entrepreneurship and economic development in the country.
For further information, visit bufetedecostarica.com
About Bufete de Costa Rica:
Bufete de Costa Rica shines as a beacon of legal excellence, built on a foundation of unwavering ethical practice and a deep commitment to empowering Costa Rican society. The firm’s innovative approach to legal solutions, combined with its dedication to sharing legal knowledge through accessible resources, reflects a genuine desire to foster a more informed and just community. By championing both individual and collective empowerment, Bufete de Costa Rica continues to shape a positive legal landscape for the nation.
