Check out some available loans that are similar to this one!
Lediz Mercedes
Lediz Mercedes O. owns a restaurant called La Guajira located in the municipality of Santo Tomás in the department Atlántico. She has a son, and her business has helped him get ahead in life even though he is already 40 years old and independent.

Lediz is now seeking a Kiva loan to better furnish her restaurant, and also to buy ingredients like rice and oil in bulk for the food she makes. She has run her restaurant for thirty years and knows the business inside out. She started out running a ‘fritangueria’ (traditional restaurant) and gradually added fast food, soups etc until she got to the stage she is at today: running a very prosperous restaurant where she sells all kinds of dishes.

Lediz’s principal goal is to separate the business from the house and thus improve them both. Her main challenge is the lack of capital--getting a loan is costly and difficult to obtain. For this reason she is approaching Kiva partner Fundación Mario Santo Domingo, an organisation which will provide working capital so she can make her business more successful.
View original language description ↓
Lediz Mercedes O. es la propietaria de un restaurante llamado Restaurante la Guajira, que está ubicado en el municipio de Santo Tomás en el departamento del Atlántico; ella es una mujer que tiene un hijo y con este negocio ha logrado sacarlo adelante, aunque ya tiene 40 años de edad y es autosuficiente. En la actualidad está solicitando su credikiva para darle un mejor acabado a su mueblería del restaurante y también comprar por bultos materias primas para preparar sus alimentos como el arroz y el aceite. Lediz desde hace treinta años tiene este negocio y lo conoce perfectamente, aunque inició con la venta de fritangueria y fue agregándole poco a poco comida corriente, sopa etc. hasta lograr organizarlo como lo tiene en este momento: un restaurante muy prospero, donde también vende comidas especiales y corrientes.
Su meta principal es separar el negocio de su habitación y mejorar las condiciones locativas del mismo. Su principal desafío el la falta de capital porque le resultan costosos los créditos y las oportunidades de tenerlos, razón por la cual está recurriendo a la Fundación Mario Santo Domingo, organización con la que planea inyectar capital de trabajo constante a su negocio y hacerlo cada día mas exitoso..

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

  • $11,100
    Average annual income
  • 509
    View loans »
    Colombia Loans Fundraising
  • $14,967,675
    Funds lent in using Kiva
  • 1,795.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Lediz Mercedes to better furnish her restaurant, and also to buy ingredients in bulk.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2010
Listed
Sep 17, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011