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Lorena
Lorena Jiménez M. lives in the 20 de Julio neighborhood in warm Barranquilla. She is a 21 year old young woman who is very enterprising. At her age she is already the proprietor of a business, La Gran Estación. Lorena gave it that name because everyone who passes by stops to refresh themselves. The prevailing climate makes it obligatory.

This young woman’s activities have no limits. She also sells merchandise for women, especially silver accessories. Everyday in her businesses she sees her merchandise rotate rapidly. She needs to be stocked up on drinks and everything her customers request.

With that objective, she is applying for a loan for 1,300,000 COP to buy in volume. She will buy boxes of soft drinks, drinks, and silver jewelry like bracelets, rings, chains, and ankle bracelets for women.

Lorena started her enterprising adventure before she was of age with small sales activities. Then she sold products by catalog. When she was working as an employee she was laid off. She used all of her assets to start this great business.

She was adding, with the help of her first loan with the Fundación Mario Santo Domingo, other activities like selling cool drinks. She sells where the pedestrians and neighbors who circulate around here must stop. Her income has increased, which gives her the opportunity to start a technical career.

Lorena is very happy with her small two year old son, her studies, and her work as a businesswoman. She has many dreams associated with her personal growth and her business. She is currently working to finish her career.

She is looking for better life options and to strengthen the sustainability of her current business. She yearns to have her own house in which to share the future with her little one.
View original language description ↓
En la Ciudadela 20 de Julio de la cálida Barranquilla, vive Lorena Jiménez M. una joven de 21 años muy emprendedora, que a su edad ya es propietaria del negocio La Gran Estación, nombre que le puso Lorena, porque todo el que pasa detiene su marcha para refrescarse, pues el clima reinante lo hace obligatorio.
Las actividades de esta joven mujer no tienen límites, ella también vende mercancías femeninas especialmente accesorios en plata, y como cada día en sus negocios ve rotar su mercancía rápidamente, necesita estar provisionándolo de bebidas y todo lo que solicitan sus clientes; con este propósito está aplicando a un crédito por valor de $ 1.300.000 para comprar por volumen cajas de refrescos, bebidas y adornos femeninos en plata como pulsos, anillos, cadenas y tobilleras. Lorena inició su aventura emprendedora sin cumplir su mayoría de edad con pequeñas actividades de venta, luego se dedicó a comercializar productos por catálogos, cuando trabajando como empleada fue retirada y utilizó toda su liquidación para lograr iniciar este su gran negocio, al que fue añadiendo, con el apoyo en su primer crédito con la Fundación Mario Santo Domingo, otras actividades como la venta de bebidas refrescantes en la obligatoria parada de peatones y vecinos que por allí circulan, así mismo sus ingresos han aumentado dándole la oportunidad de iniciar una carrera técnica.
Lorena es muy feliz con su pequeño hijo de dos años, sus estudios y su trabajo como negociante; tiene muchos sueños asociados a su crecimiento personal y empresarial, trabaja en la actualidad para terminar su carrera, buscar mejores opciones de vida y fortalecer la sostenibilidad de su unidad de negocios que ahora la emplea y porque suspira por tener una casa propia donde compartir con su pequeño su vida futura.

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
  • 221
    View loans »
    Colombia Loans Fundraising
  • $12,881,350
    Funds lent in using Kiva
  • 1,945.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Lorena buy in volume boxes of soft drinks, drinks, and silver jewelry like bracelets, rings, chains, and ankle bracelets for women.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 21, 2010
Listed
Apr 24, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011