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María Margarita
María Margarita R. M. is 65 years old and has four children who no longer depend on her. She sells flowers at her stall in the square in front of the Universal Cemetery of Barranquilla. She began to work with Fundación Mario Santo Domingo 11 years ago when a consultant observed her and saw her performance. With the loan of 1,600 Colombian pesos she is asking for, she wants to stock up with artificial and fresh flowers like anthuriums, roses, flower buds, carnations and orchids, which she can get more economically in Maicao, a border city near Venezuela.

María's flower sales business came into being after she abandoned the merchandise sales she had done in Maicao and moved to Barranquilla for security reasons. She began her business selling flowers with a friend who had the capital, and they got equal profits after the sale. As this went well for her, she decided to become independent, and during her eleven years with the Fundación she has had much success with her business. She says that her greatest challenge is the competition she gets from other people whom María has taught how to sell flowers. She used to sit in her tent waiting for people to come look for her, but now she looks for her customers around the cemetery, which has helped her to keep those customers and promote her business; the result is that people come to her, even people from other departments in Colombia whose loved ones are in other cemeteries. They have a lot of confidence in her since she know how to preserve flowers Her successes help her to make her dreams come true, and her main dream is to have more capital to supply her business, especially with fresh flowers.
View original language description ↓
María Margarita R. M. tiene 65 años y cuatro hijos que ya no dependen de ella. Su negocio consiste en la venta de flores en su puesto en una plazoleta al frente del Cementerio Universal de Barranquilla. Se vinculó a la Fundación Mario Santo Domingo hace 11 años cuando fue promocionada por un asesor que la observaba y veía su desempeño. Con el crédito de $1.600.000 que ahora solicita, quiere surtirse con flores artificiales y naturales como anturios, rosas, capullos, claveles y orquídeas que consigue más económicamente en Maicao, una ciudad fronteriza cerca de Venezuela.
El negocio de María en la venta flores surgió después de que abandonó la venta de mercancías que tenía en Maicao, municipio de donde vino a Barranquilla por cuestiones de seguridad. Inició su negocio de vender flores con una amiga que era la capitalista y obtenían iguales utilidades después de la venta. Como esto la favorecía, decidió independizarse y durante sus once años con la Fundación ha tenido mucho éxito en su negocio. Dice que su mayor desafío es la competencia que le hacen otras personas a quienes las ha enseñado María cómo vender flores. Antes se sentaba en su carpa esperando que la gente la fuera a buscar, pero ahora busca a sus clientes alrededor del cementerio, hecho que la ha ayudado conservarlos y a promover bien su negocio; el resultado es que se le acerca gente, incluso de otros departamentos de Colombia, que tiene sus seres queridos en otros cementerios pero le tienen mucha confianza, pues sabe cómo conservar las flores. Sus éxitos la ayudan a realizar sus sueños, de los cuales el principal es el de tener un mayor capital para surtir el negocio, sobre todo con flores naturales.

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
  • 304
    View loans »
    Colombia Loans Fundraising
  • $13,867,525
    Funds lent in using Kiva
  • 1,924.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped María Margarita stock artificial and fresh flowers like anthuriums, roses, flower buds, carnations and orchids.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2010
Listed
Mar 13, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010