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Yadira Esther
Yadira Esther R. V. lives with her spouse and children in the city of Malambo, in the metropolitan area of Barranquilla. She has seven children between the ages of 12 and 30 years old. She prepares fried dishes and also sells various merchandise. Yadira started preparing business lunches 10 years ago in Santa Marta, the capital of the Department of Magdalena. When her husband was transferred to the city of Barranquila, she decided to go with him and continued her business because she has always had the support of her husband her children. For this reason, she was able to start in a new location, where she remained for two years until she received a housing subsidy in Malambo, where she still has her home and continues her frying business. As she is an enterprising woman and she started to meet many people, she started to sell bags, shoes, and household items. She also purchased a sewing machine to open a clothing store.

Yadira has always worked independently which has allowed her to manage her time and to care for her children. With her daughter of 21 years, she also learned to create crafts with foam, with which she has made decorative figurines and obtains additional income when she decorates items for parties or creates home furnishing and sells crafts by the dozen.

She learned of Fundación Mario Santo Domingo and saw an opportunity to improve her business. Before when she needed resources, she looked to the daily pay; although the resources were good, she realized that they were quite expensive and decided not to take part in these lenders. This is her first loan with this organization, amounting to $525, with which she plans to purchase 25 bags, 4 dozen sheets, 4 dozen towels, 7 dozen pairs of underwear and ingredients for fried foods. Her goal is to continue to support her husband to continue to help her large family, increase her sales and income to improve her quality of life and that of her family.
View original language description ↓
Yadira Esther V. R. es una señora que vive con su cónyuge e hijos en la municipalidad de Malambo, área metropolitana de Barranquilla. Ella tiene 7 hijos en las edades entre 12 y 30 años, trabaja en la fabricación de fritos y también vende mercancía variada. Yadira se inició en el negocio de almuerzos desde hace 10 años en Santa Marta, la capital del Departamento del Magdalena, y cuando su esposo fue trasladado a la ciudad de Barranquilla ella decidió irse con él y continuó con su negocio, porque ella siempre ha contado con su respaldo y el de sus hijos; por eso fue capaz de volver a empezar en un nuevo sitio, donde permaneció por dos años hasta que obtuvo un subsidio de vivienda en Malambo, donde aun tiene su casa y continuó con su negocio de fritos. Como es una mujer emprendedora y empezó a conocer mucha gente, comenzó a vender bolsos, calzado, y artículos para el hogar y también se compró una máquina de coser para poner una clínica de ropa.
Yadira siempre ha trabajada independiente lo que le permite manejar su tiempo y estar pendiente de sus hijos, junto con su hija de 21 años, aprendió también a trabajar manualidades en foamy, con las que hace figuras decorativas y obtiene ingresos adicionales cuando hace decoración de productos para fiestas o embellecimiento de espacios familiares y fabrica artesanias que vende por docenas.

Se enteró de la Fundación Mario Santo Domingo y vio una oportunidad para mejorar su negocio, ya que antes cuando necesitaba recursos, buscaba paga diarios, pero aunque les quedó muy bien, se dio cuenta que estos eran bastante costosos y decidió no volver a acudir a estos prestamistas. Este es su primer crédito con esta organización, por valor de $ 1.000.000 COP, con los que piensa comprar 25 bolsos, 4 docenas de sabanas, 4 docenas de toallas, 7 docenas de ropa interior y materia prima para los fritos. Su meta es continuar apoyando a su esposo para continuar sacando adelante su numerosa familia, mejorar su nivel de ventas e ingresos para aumentar su calidad de vida y la de su familia

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
  • 246
    View loans »
    Colombia Loans Fundraising
  • $13,361,775
    Funds lent in using Kiva
  • 1,972.3
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Yadira Esther to purchase ingredients for fried foods and raw materials for merchandise, such as 25 bags, 4 dozen sheets, 4 dozen towels, 7 dozen pairs of underwear.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2010
Listed
Jun 6, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011