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Cecilia
Selling household cleaning products was the idea of the business that a study partner and Cecilia C. Arévalo set up,fulfiling the dream of having a small business. But the company did not last very long and the latter had to continue alone with which today is called “Distribuidora Cecy”. At the start it was not easy, but as Cecilia's perseverence has no limits, she decided to continue and today after a year and a half she remains in the market with her own resources and with some financing which at the moment is valuable, because it allowed her to continue and now she dreams of changing to a more commercial sector in order to help her sales and income.
This is the first loan with a value of $700,000 COP that Cecilia has had with the Mario Santo Domingo Foundation, and with it she intends to purchase products by the gallon like degreasing soap and car polishing wax. Her biggest challenge was when she wound up the company and it cost her a lot of work to fulfill her partner's financial share, but today it is already a thing of the past and she has to focus on getting ahead to see her 8 year old son grow up enjoying good living conditions and progressing.
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Vender productos de aseo para el hogar fuè la idea de negocio, que entre un compañero de estudio y Cecilia C. Arévalo pusieron en marcha, para cumplir con el sueño de tener una microempresa; pero poco tiempo duró la sociedad y esta última tuvo que seguir sola en la que hoy se denomina “Distribuidora Cecy”. Al comienzo no fuè fácil, pero como la perseverancia de Cecilia no tiene límites, decidió seguir y hoy después de un año y medio se sostiene en el mercado con recursos propios y con alguna financiación que en su momento resultó valiosa, porque determinó su continuidad y ahora sueña con cambiarse a un sector más comercial para favorecer sus ventas e ingresos.
Este es el primer crédito por valor de $700.000 COP que Cecilia tiene con la Fundación Mario Santo Domingo, con él pretende comprar productos por galones como jabón limpiador desengrasantes y cera auto brillante. Su desafío más grande fue cuando finalizó la sociedad y le costó mucho trabajo cumplir con la parte económica de su socio, pero hoy ya es cosa del pasado y ella debe enfocarse en salir adelante para ver crecer a su hijo de 8 años disfrutando de buenas condiciones de vida y progresando.
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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
  • 243
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,970.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Cecilia products by the gallon such as degreasing soap and car polishing wax.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2010
Listed
May 31, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010