Check out some available loans that are similar to this one!
Petrona Isabel
In the Municipality of Sabanagrande located in the central eastern region of the Atlántico Department, 20 kilometers from its District Capital Barranquilla, Petrona M. lives and has her business: a woman, mother of 3 from the ages of 18 to 27, who by working in her business, has given them a good start in life. Petrona makes fried food like arepuelas (corn bread), caribañolas (dumplings) and empañadas and also a type of bread with white or yellow corn called "bollo limpio" and "de mazorca" respectively, using the same corn as a raw material and adding ingredients to it like cheese and aniseed among others that she makes up day by day. This is her main business from which she receives a daily income, but she also prepares pies and soups in the weekends and holidays for the families, whose custom it is to have a rest from domestic cooking activities on Sundays and holidays and buy prepared food.

Petrona is applying for her third loan with the Mario Santo Domingo Foundation, to the value of $2,000,000 COP, and will use it to buy bulk raw materials and manage to adapt the premises and have new fittings for the kitchen. She is very happy to have been able to inject working capital into her business as she has had a lot of profits and has improved her personal and family life.

She dreams of building independent premises with all the required health regulations because her biggest challenge is the lack of premises and sufficient money to adapt it as she dreams of, nevertheless she will put all her efforts into achieving it in the future.
View original language description ↓
En el Municipio de Sabanagrande localizado en la región centro oriental del Departamento del Atlántico a 20 kilómetros de su Distrito Capital Barranquilla, vive y tiene su negocio Petrona M.: una mujer, madre de 3 jóvenes de 18 a 27 años, que a fuerza de trabajo en su negocio, los ha sacado adelante; Petrona fabrica fritos como arepuelas, caribañolas y empanadas y también una especie de amasijos de maíz blanco o amarillo llamado bollo limpio y de mazorca respectivamente, usando como materia prima el mismo maíz y adicionándole ingredientes como el queso, el aniz entre otros que inventa día a día; este es su negocio principal del que recibe ingresos todos los días, pero también prepara pasteles y sopas los fines de semana y días festivos para las familias, que tienen por costumbre descansar de las actividades domésticas alimentarias los domingos y días festivos y comprar la comida ya elaborada.

Petrona aplicará a su tercer crédito en la Fundación Mario Santo Domingo, por valor de $2.000.000 COP, y lo utilizará para comprar materia prima por volumen y lograr adecuaciones locativas y nuevos enseres para la cocina; está muy contenta de haberle podido inyectar capital de trabajo a su negocio pues ha tenido muchos beneficios y ha mejorado su vida personal y familiar

Ella sueña con construir un local independiente con todas las normas de salud exigidas porque su desafío mas grande es la falta de un local y el dinero suficiente para adecuarlo como ella sueña, sin embargo dedicará todos sus esfuerzos para mas adelante lograrlo.

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
  • 161
    View loans »
    Colombia Loans Fundraising
  • $13,194,975
    Funds lent in using Kiva
  • 1,960.6
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Petrona Isabel to buy bulk raw materials and manage to adapt the premises and have new fittings for the kitchen.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 9, 2010
Listed
Jun 14, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012