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Ana Maria
Ana Martínez de Oviedo is 59 years old and has a 30 year old son who works. They lives in the neighborhood of Las Calamares in the southwestern section of Cartagena de Indias.


She sells fish while her husband works as a carpenter. Therefore, she has two reasons why she is applying for a loan worth 2,000,000 COP. She plans to buy a sufficient quantity of fish to sell during Holy Week as well as wood to make furniture requested by her husband’s customers.


Ana started her business in 2001 when she bought a freezer. She began with 200,000 COP of savings, which she accumulated coin by coin and kept in a piggy bank. Ana was determined to sell her products even though she had no experience and had to deal with her mother’s health problems and a child who left home. Slowly she was able to move forward with her business and also support her husband with his carpentry, since he is well-known for his trade. Ana decided to apply for a loan from the Foundation in order to strengthen both businesses at the same time by expanding them, especially the carpentry business since it had been in operation already for two years. It is now the primary family business.


This is Ana’s seventh loan with the Foundation. She began with a loan of 1,200,000 COP and has received as much as 2,800,000 COP. Ana is grateful to the organization because it has helped to simultaneously support two family businesses that have grown since receiving the first loan. This has also improved her conditions at home and helped her son who has now started his own family.


Ana hopes that the carpentry business will grow so that she can work with it full-time. At the moment, she supplements this work by selling fish and with a job working at a hotel to earn additional income. She recognizes that her goal will be achieved when the carpentry business generates enough income to fully support her household.

View original language description ↓
Ana Martínez de Oviedo tiene 59 años tiene un hijo de 30 años que trabaja y viven en el barrio Los Calamares al suroccidente de Cartagena de Indias.
Ella vende pescado y con su conyuge tiene una carpintería, dos razones por las cuales aplica a un crédito por valor de $2.000.000, para comprar una cantidad suficiente de pescado para venderlo en la semana santa y madera para elaborar muebles solicitados.
Inició su negocio en el año 2001 cuando adquirió un congelador y empezó a trabajar con $200.000 de ahorros, que logró guardando en una alcancía moneda a moneda. Se inclinó por la venta de este producto sin experiencia y con dificultades de salud de su madre y con el agravante de un hijo desaparecido. Gradualmente logró sacar adelante este negocio y también respaldar a su cónyuge en la carpintería, quien conoce ese oficio, por eso decidió hacer un crédito a la Fundación y fortalecer paralelamente las dos actividades que se han ampliado, en especial la carpintería que aunque tiene dos años de estar funcionando, es en la actualidad el negocio familiar principal, .
Este es su séptimo crédito con la Fundación inició con $1,200,000 y ha llegado a recibir hasta $2.800.00, vive agradecida con esta organización porque le ha respaldado simultáneamente estos dos negocios familiares y con ellos ha podido crecer desde su primer crédito, mejorar sus condiciones de vivienda y hasta ayudar a su hijo quien ya formó su familia.
Ella sueña con que su carpintería crezca y poder dedicarse plenamente a ella, porque en la actualidad complementa este trabajo y el de vender pescado, con su actividad de trabajar en un hotel, con el que obtiene unos ingresos adicionales, pero ella reconoce que esto ocurrirá cuando la carpintería genere el dinero suficiente para sostener plenamente su hogar.

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
  • 163
    View loans »
    Colombia Loans Fundraising
  • $13,225,875
    Funds lent in using Kiva
  • 1,907.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Ana Maria purchase wood for her carpentry business & enough fish to sell during Holy Week.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2010
Listed
Mar 24, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011