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Maria Concepción
María P. O. is a small businesswoman who lives in a small town located on the northern coast of Colombia named Arjona, which is very close to the city of Cartagena de Indias. In this town the main activities are agriculture, livestock production, the production of food products such as buns and corn and cheese fritters, and trade: especially the sale of garments, shoes and home furnishings. Maria P., 44, has a business called Variedades Mary. She sells bed sheets, accessories, necklaces, bracelets, earrings, watches, perfumes, cosmetics, irons, pots, vases, and offers the community telephone call services. She does this in the midst of the town's festivities, parades on horseback, pageants, and accordion festivals. She is an enterprising woman who started her small business 5 years ago. It has gradually grown, driven by her desire to earn more money in order to finish building her house so that she can live there with her husband and her 3 children who are in school: one at the secondary level and the other two at the university.

She is currently seeking the support of a loan in the amount of 2 million Colombian pesos, which will allow her to invest in the purchase of merchandise such as shirts, sweaters, sandals, perfumes, dishes, pots, bed sheets, necklaces, earrings, bracelets, and a new glass showcase. This way she can deliver her orders more promptly and gain new customers and increase her income. She wants to continue to invest little by little until she can finish her house, so she can save the money paid on rent, and have a dedicated space for her business that would improve its physical aspect and provide the space needed for its organization. For Maria, one of her most important challenges in addition to finishing her house is to help her children become professionals, a goal that she will achieve with her effort in her small business, and with the support of her husband, who works as a driver.
View original language description ↓
La señora María P. O. es una microempresaria habitante de un pequeño pueblo ubicado en la costa norte de Colombia llamado Arjona, muy cerca de la ciudad de Cartagena de Indias; en este municipio las principales actividades son la agricultura, la ganadería, la elaboración de productos alimenticios como bollos, buñuelos de maíz y queso y el comercio especialmente el de prendas de vestir, calzados y enseres para el hogar; en medio de sus festividades, cabalgatas, reinados populares y festivales de acordeones, funciona el negocio “Variedades Mary”, donde María P., mujer de 44 años, comercializa sabanas, accesorios de vestir collares, pulseras, aretes, relojes, perfumes, cosméticos, planchas, ollas, floreros y ofrece a la comunidad el servicio de llamadas telefónicas; ella es una mujer emprendedora que inició su pequeño negocio hace 5 años y gradualmente ha venido creciendo, impulsada por el anhelo de ganar mas dinero para terminar de construir su casa, para vivir con su cónyuge y tres hijos que estudian, uno en el nivel de bachillerato y los otros dos en la universidad.

En la actualidad solicita que se le apoye con un crédito por valor de $ 2.000.000, que le permita invertir en la compra de mercancías como camisas, suéteres, chancletas, perfumes, vajillas, ollas, sabanas, collares, aretes, pulseras y una nueva vitrina; con ello atendería pedidos con mayor oportunidad en su entrega a los clientes, ganaría un nuevo mercado y aumentaría sus ingresos, para poder seguir invirtiéndole poco a poco a su vivienda hasta terminarla, ahorrándose el pago de arriendo y mejorando el aspecto físico de su negocio, pues dedicaría un espacio más adecuado para organizarlo. Para Maria, uno de sus desafíos mas importantes, además de terminar su vivienda, es lograr que sus hijos sean profesionales, con su esfuerzo en la microempresa y con el apoyo de su cónyuge que se desempeña como conductor.

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
  • 348
    View loans »
    Colombia Loans Fundraising
  • $14,070,600
    Funds lent in using Kiva
  • 1,943.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Maria Concepción to buy merchandise such as shirts, sweaters, sandals, perfumes, plates, pots, necklaces, earrings, bracelets, and a new glass display case.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 14, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2011