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Rosalba
Rosalba P. is well-known in the La Paz neighborhood (which is located in the southwest of Barranquilla) for her sense of solidarity with those around her. She began her business with 30,000 COP that her brother lent to her. With his loan she bought children’s underwear, women’s slips, and bed sheets. Her first customers were the teachers in the neighborhood and her neighbors. She bought these items in the market stalls located in market of Barranquilla and then sold them to people who requested them.

Rosabla began her association with the Fundación Mario Santo Domingo in the Solidarity Groups program 18 years ago. Her first loan with this organizations was for 30,000 COP, which she used to purchase a variety of merchandise and sold it to people recommended to her by her clients, with the idea of selling in greater volume, gaining more clients, and earning more income so she could repay the loan. Since that time she has received 26 loans, which she has repaid on time, and which have opened doors for her because of her excellent credit history. Having a business has meant for her, at a personal level, having autonomy, confidence, and the recognition of her family and the community. It has also allowed her to improve her housing conditions—when she first started her house was only one room. Now she has three bedrooms, a good floor, walls, and a covered kitchen and bathroom. Because of this she feels a special preference for the Foundation, which has accompanied her in this process.

Rosalba is a typically cheerful woman from the coast. She is a calm and oood person, which is how people who know her describe her. She learned to make natural balms for muscle pains and the neighbors look to her when they need help.

Her current business is the sale of merchandise by catalogs, based on the orders from her clients. However, she recently bought a vitrine case to store and exhibit items in her house. These are items that she hasn’t included in her request to her supplier and also some products which are left over for her when they don’t arrive on time for the customers. She wants to use this current loan of 1,300,000 COP to purchase a stock of sandals, toys, outfits for little girls, and cosmetics top ut in her vitrine. In this way she can begin to achieve her dream of having a variety store.
View original language description ↓
Rosalba P., muy conocida en el barrio la Paz, ubicado al Sur Occidente de Barranquilla, por su especial sentido de solidaridad con quienes la rodean: Inició su negocio con $30.000 que le prestó su hermano, con lo cual compró interiores para niños, enaguas y tendidos de cama. Sus primeros clientes fueron los profesores del barrio y sus vecinos, ella compraba esta mercancía en colmenas ubicadas en el mercado de Barranquilla para luego venderlas por encargo.

Rosalba, inició su vinculación a la Fundación Mari Santo Domingo en el Programa de Grupos solidarios hace 18 años, su primer crédito con esta entidad fue de $30.000 que invirtió en la compra de mercancía variada y salió a ofrecerla a personas recomendadas por sus clientes con el fin de vender en mayor cantidad, aumentar su clientela, obtener mas ingresos y poder pagar el préstamo. Desde ese momento ha recibido 26 créditos, reembolsados oportunamente lo que ha abierto las puertas por su excelente historial crediticio. El tener un negocio le ha representado a nivel personal autonomía, confianza, reconocimiento de su familia y de la comunidad y le ha servido para mejorar sus condiciones de vivienda, pues al principio solo contaba con una habitación; hoy ha levantado 3 dormitorios, mejorado pisos, paredes, cubierta, cocina y el baño, por eso siente especial preferencia por la Fundación que la ha acompañado en este propósito.
Rosalba es la típica mujer costeña alegre, tranquila y buena gente, como la describen quienes la conocen, ella aprendió a elaborar ungüentos naturales para los dolores musculares y los vecinos la buscan cuando necesitan de su ayuda.

Su negocio actual es la venta de mercancías por catálogos, basada en los pedidos de sus clientes; pero últimamente compro una vitrina para poder almacenar y exhibir desde su vivienda, los productos que no ha incluido en la solicitud que hace a su proveedor y a los cuales no puede responder oportunamente, es por ello que espera surtirla con el presente crédito por valor de $1.300.000 invirtiendo en la compra de sandalias, juguetes, conjuntos de niñas y cosméticos. De esta manera empieza a cumplir el sueño de tener un almacén de variedades.

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

  • $11,100
    Average annual income
  • 556
    View loans »
    Colombia Loans Fundraising
  • $14,876,100
    Funds lent in using Kiva
  • 2,017.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Rosalba to purchase a stock of sandals, toys, outfits for little girls, and cosmetics.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2009
Listed
Dec 20, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010