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Myriam Rosa
Myriam lives with her husband in the Altos de Betania de Sabanagrande Atlántico neighborhood. The neighborhood is characterized by houses that were raised with great effort by its inhabitants.

Myriam is a natural businesswoman. She started her first business in 1998 when her husband was suddenly left without work. She needed to figure out how to meet the family commitments, especially those related to her children’s education and the general household expenses. This situation led her to discover her business potential.

That is how she came, for the first time, to sell beauty products that she got from a friend. She could not do it directly because she did not have money to start, and she lacked a credit history because she was not known in the business.

Gradually, through her effort, perseverance, and discipline, she got together the capital to affiliate herself with a business. She was able to display her products through special guides and build her own customer base. This drove her to start selling other requested merchandise that could not be found in her business’ magazine.

With the increase in earnings, she started to buy in bulk. But, her merchandise was not protected, and she did not have a place to store it. It was difficult to control her inventory. This work kept her away from home a lot. That is why she put forth much effort to buy display cases to protect her products and display them in a fixed place. She thought of opening a place in her home. It is a small general store, and everyone in the neighborhood and surrounding area knows it. She has overcome many difficulties. The most difficult happened when the business was more prosperous, and she was self-sufficient without the need of going into debt. Her little granddaughter became ill, and part of her capital went towards her granddaughter’s recuperation.

That was when she turned to the Mario Santo Domingo Foundation, for the first time, to look for help. Her new loan will help her to buy beauty products, hygiene products, decorations, underwear, items for the home, and merchandise like clothing for women and men that she still sells through catalogs.

Her biggest dream is to separate the business from her family life in order to effectively balance her work life and her personal home life. She plans to organize a place independent from her house and gradually buy new showcases for her merchandise. To do this, Myriam, with her husband, will work by doubling her efforts.
View original language description ↓
En el barrio Altos de Betania de Sabanagrande Atlántico, caracterizado por tener viviendas levantadas con el gran esfuerzo de sus habitantes mediante el sistema de autoconstrucción, habita Myriam con su esposo, ella es una mujer de naturaleza comerciante, que inició su primer negocio en el año 1998, cuando su esposo quedó sin trabajo intempestivamente y debió ingeniárselas para cumplir con los compromisos familiares especialmente los relacionados con la educación de sus hijos y los gastos generales del hogar. Esta situación la llevo a descubrir su potencial empresarial y es así como por primera vez se dedica a comercializar productos de belleza adquiridos a través de una amiga, pues ella no podía hacerlo directamente porque no tenía dinero para iniciar y carecía de una historia crediticia por ser desconocida en el comercio. Gradualmente reunió un capital, producto de su esfuerzo, perseverancia y disciplina, que le sirvió para afiliarse a una empresa y poder exhibir productos mediante guías especializadas, construyendo así su propia clientela, que la impulsó a incursionar en la venta de otras mercancías solicitadas que no encontraban en la revista para la cual trabajaba.

Con el incremento de sus ingresos empezó a comprar por volúmenes pero su mercancía no estaba protegida, pues no tenia donde guardarlas y se le dificultaba el control de sus inventarios;esta forma de trabajar la mantenía mucho tiempo fuera de su hogar, razones por las que se esforzó para comprar vitrinas que protegieran sus productos y los exhibieran en un sitio fijo, para ello pensó en abrirle un espacio a este propósito en su vivienda, una Miscelánea que todos en su barrio y en los alrededores ahora conocen. Ella ha superado muchas dificultades la mas difícil ocurrió cuando su negocio se mostró más próspero y tenia autosuficiencia sin necesidad de endeudarse, su pequeña nieta enfermó y parte de su capital lo dirigió a lograr la recuperación de su salud. Fue entonces cuando recurrió a la Fundación Mario Santo Domingo, por primera vez, para buscar apoyo. Su nueva financiación le ayudarà para comprar productos de belleza e higiene,adornos, ropa interior,detalles para el hogar y mercanciasa que aun vende a través de catálogos como vestidos para damas y caballeros.

Su máximo sueño es separar el negocio de su vida familiar para equilibrar efectivamente su vida laboral, personal y de hogar, planea organizar un local independiente de su casa y gradualmente comprar nuevos exhibidores de mercancía para ello Myriam trabajarà duplicando sus esfuerzos con el acompañamiento de su esposo.




Additional Information

About Fundación Mario Santo Domingo

Fundación Mario Santo Domingo (FMSD) is a non-profit organization in northern Colombia dedicated to developing programs for the country’s poorest communities. In addition to numerous social services, FMSD runs a microfinance program to strengthen micro-businesses in the areas where it works. The organization also offers several non-financial components as part of this program, including training to help entrepreneurs start their own businesses.

About Colombia

  • $6,070
    Average annual income
  • 282
    View loans »
    Colombia Loans Fundraising
  • $13,826,450
    Funds lent in using Kiva
  • 2,017.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Myriam Rosa buy beauty products, hygiene products, decorations, underwear, items for the home, and merchandise like clothing for women and men.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2009
Listed
Dec 21, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011