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Luz Maria
Twelve years ago Luz María M. Benítez came from El Carmen de Bolívar to Barranquilla with her spouse and three children seeking peace and economic stability. At first they arrived at a relative’s who helped them out. Later, when her husband got a job as a watchman at a towing site, they moved. In time, her husband’s boss gave them a room that they gradually enlarged and they started their business of raising animals to sell their meat. Today, they are in this line of work and they butcher 60 pigs. Luz María is in charge of this particular task while her husband works at a saw mill where she secured the business of preparing daily lunches there for 35 employees and daily her business grows.

This is the 4th loan with the Foundation and she’s asking for a Kiva loan in the amount of $1.000.000 COP to buy pigs to raise for subsequent pork sales as well as to acquire larger amounts of raw materials and ingredients to prepare the lunches she sells.

The loans have made it possible for her to increase profits and buy a car that she uses in the business. Her dream is focused on buying a house and this is the great challenge she faces: the constant need to save in order to reach it.

However, she learned how to overcome her challenges since she arrived in Barranquilla with only the wish to get ahead, pushed by the need to provide security and wellbeing for her children who were then little. Currently, they are studying and well organized.
View original language description ↓
Hace 12 años Luz María M. Benítez se vino desde el Carmen de Bolívar, con su conyugue y sus tres hijos a Barranquilla buscando paz y estabilidad en los ingresos; ellos llegaron inicialmente donde un pariente que les tendió la mano y cuando posteriormente su esposo consiguió un trabajo de celador en un remolcador donde se mudaron, logrando que después de un tiempo el propietario de este, le cediera una pieza donde ampliaron gradualmente e iniciaron su negocio de criar animales y vender su carne; hoy se dedican a ello y matan 60 cerdos , actividad de la que se encarga Luz María, mientras su esposo trabaja en un astillero, lugar donde ella consiguió el negocio de vender almuerzos a un promedio de 35 empleados diariamente y cada día adquiere mayores proporciones en cuanto a sus clientes se refiere . Este es su cuarto crédito con la Fundación y solicita su credikiva por valor de $1.000.000 COP, para comprar cerdos para la cría, engorde y venta de su carne y también, adquirir en mayor volumen materias primas e insumos, para la preparación de los almuerzos que vende.
Con sus créditos ha conseguido aumentar sus utilidades y con ello comprar un carro que utiliza para el negocio. Su sueño ahora está enfocado en comprar una casa y este es su gran desafío el ahorro constante para hacerlo, pero ella ya aprendió a solucionar sus desafíos, desde que llegó a Barranquilla solo con deseos de salir adelante, impulsada por ofrecerles seguridad y un mejor bienestar a sus hijos, que entonces eran pequeños y en la actualidad están estudiando y ya organizados.

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
  • 505
    View loans »
    Colombia Loans Fundraising
  • $14,666,500
    Funds lent in using Kiva
  • 1,820.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Luz Maria to buy pigs to raise in order to sell pork and to acquire larger amounts of ingredients and raw ingredients for the lunches she sells.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 11, 2010
Listed
Aug 9, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2011