Check out some available loans that are similar to this one!
Miriam
According to her loan officer, Miriam C. Q. is a woman who “cannot keep still”. She is an enterprising businesswoman who lives in the neighborhood of La Playa in Barranquilla. She is 63 years old and has three children between the ages of 23 and 42. Miriam manages a business selling different types of merchandise based on the time of year. With the loan of 1,500,000 COP that she is requesting, she will buy fabrics and accessories (such as borders) for making uniforms for the local high school.


“Everything for less” is the slogan for Miriam’s business where she sells many things. For ten years, she sold school shoes and for seven years, she sold ice cream and catalog merchandise. Her business now includes the production and sale of “chicha”, a beverage made from corn or rice, and “bolis” (a traditional form of ice cream found in Colombia). She also makes handicrafts made of woven threads, painted fabrics, or frosted glass. In addition she sells merchandise through catalog or by request such as shoes, women’s accessories (earrings, costume jewelry, etc.), and reading material.


Miriam learned about the Foundation five years ago from neighbors and through other recommendations. Since then she has taken out seven loans. Miriam is very careful with her loans and tries to take advantage of all of the services offered by the Foundation, such as the licensing program provided through the Chamber of Commerce. She also enjoys fun activities, such as playing bingo or taking walks. The courses she has taken have updated her knowledge in selling products that are always in fashion. Miriam believes her working relationship with the Foundation has been a positive experience, so she remains active and tries to obtain as much as she can as long as the benefits are useful. She now dreams of finishing the home in which she lives with her family.

View original language description ↓
Según su asesora de crédito, Miriam C. Q. es una mujer que “no se queda quieta”; ella es una comerciante, muy emprendedora y residente del barrio La Playa de Barranquilla, tiene 63 años y tres hijos entre las edades de 42 y 23 años. Su negocio consiste en la venta de varios tipos de mercancía que comercializa según la época del año. Con el crédito de $1.500.000 que ahora solicita quiere comprar telas y accesorios –como escudos bordados- para uniformes de un colegio cercano.
Con el lema “de todo un poquito”, el negocio de Miriam abarca muchas cosas: Hace diez años vendía zapatos de colegio y hace siete adicionó helados y mercancías por catálogos. Ahora su negocio incluye la venta y elaboración de chichas -un tipo de bebida hecha de maíz o arroz- y de bolis -un helado típico de Colombia- y elaboración de artesanía en hilo tejidas, o pintadas en tela y/o con escarcha. También se dedica a vender mercancías por catálogo o por encargo: calzados, accesorios para damas como aretes y bisutería y listas de libros.
Se enteró de la Fundación por vecinos y recomendaciones hace cinco años y desde entonces ha tenido siete créditos. Cuida mucho su crédito y trata de participar en todos los programas de la Fundación, tanto en el programa de legalización con la Cámara de Comercio, como en actividades lúdicas, por ejemplo el bingo o paseos. Además, toma cursos para actualizar sus conocimientos para vender siempre lo que esté de moda. Considera que su vinculación a la Fundación ha sido positiva, puesto que se mantiene activa y útil y que ha podido obtener mucho de lo que necesita. Ahora sueña con terminar la casa donde vive con toda su familia.

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
  • 551
    View loans »
    Colombia Loans Fundraising
  • $14,652,075
    Funds lent in using Kiva
  • 1,928.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Miriam purchase fabrics & accessories for making school uniforms.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2010
Listed
Feb 20, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2011