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Libeth
Libeh M. rents a small but cozy house in the Las Colonias de Barranquilla neighborhood. She studied nursing, but she has never worked as a nurse because her first husband died and she had to provide for her young children with faster money. So, since 2001 she has worked selling dresses, clothing, and perfumes. This work has helped her to discover her potential as an enterprising woman. She has grown on a personal level and has increased her family income so that she now feels happy.

Since 2003, Libeh y Guillermo (her new husband, who makes hand-made shoes in a workshop located at their house) have been selling the products that he makes and this is now the main business for this household. Their market is mainly in market stalls located in the center of Barranquilla and in other cities around the country.

Libeh has recieved two loans from the Fundación Mario Santo Domingo [Kiva Field Partner]. The last one was for 2,000,000 COP, which she will invest mainly in raw materials so that her husband can make the shoes that his clients have requested; in silver jewelry; and in a variety of merchandise that her clients have requested from her. Her clients know her and expect that she will find them clothing ítems that combine well with accesories and that are appropriate for different occasions. She knows her market very well and she advises her clients in a way that is valuable to them.

This family’s dream is to buy their own house and they are planning to request the subsidy that the government grants to vulnerable families and to enroll in the Dreams and Opportunities program in the Villas de San Pablo development, which is run by the Fundación Mario Santo Domingo. They plan to purchase a lot so they can have their own house and business in one, so they can quit spending on rent. In order to do this, they are always looking for business opportunities in towns where they haven’t gone yet.
View original language description ↓
Libeh M., vive arrendada en una pequeña pero acogedora vivienda del Barrio Las Colonias de Barranquilla, estudió enfermería técnica, pero nunca la ejerció, pues su primer esposo murió y debió sostener sus niños pequeños, con ingresos rápidos, por eso desde el año 2001, se dedicó a la comercialización de vestidos, prendas y perfumes, actividad que la ayudó a descubrir su potencial de mujer emprendedora, con la que ha crecido personalmente e incrementado sus ingresos familiares y con la que ahora se siente feliz.

Desde el año 2003 Libeh y Guillermo, su nuevo cónyuge, hombre de negocio, dedicado a la producción de calzado artesanal en un taller ubicado en el sitio de su vivienda, vienen trabajando en la comercialización de los productos que él elabora y que es hoy el mayor negocio de esta unidad comercial. Su mercado está constituido por colmenas que venden en el Centro de Barranquilla y en otras ciudades del país.

Libeh, ha recibido dos créditos de la Fundación Mario Santo Domingo y este último por valor de $2.000.000, lo invertirá principalmente lo invertirá principalmente en materias primas para que su conyuge elabore calzado que sus clientes le han pedido, para comprar prendas en plata, y mercancía variada tambien a solicitud de sus clientes, que la conocen y esperan adquirir prendas de vestir bien combinadas con accesorios y apropiados para cada momento; Ella, conoce perfectamente su mercado y los asesora generando así valor agregado.

El sueño de esta familia, es adquirir una vivienda propia y por eso se han postulado para solicitar el subsidio que otorga el estado nacional a familias vulnerable e inscrito en el programa Sueños y oportunidades en la urbanización Villas de San Pablo, que lidera la Fundación Mario Santo Domingo, porque planean comprar un lote para tener su propio casa y local al mismo tiempo y dejar de gastar en arriendo, para ello, trabajan buscando oportunidades de negocios en plazas municipales en las que aun no han incursionado.

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
  • 192
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 2,017.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Libeth she will invest it mainly in raw materials so that her husband can make the shoes that his clients have requested; in silver jewelry; and in a variety of merchandise that her clients have requested from her.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2009
Listed
Dec 20, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011