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Judith
Judith B. L. is 63 years old, lives with her spouse, and has four children.

When she was 34, she began selling children's underwear to contribute to household expenses. Slowly, with the help of her husband, who gave her money every month, she was able to build her dream. "Variedades Judith" [Judith's Variety Store] was growing slowly until she came to the Mario Santo Domingo Foundation ten years ago. There, she has received four loans, which she has used with a lot of success. For example, she has increased the capital in her business, sent her children to school, and turned the second floor of her house into an apartment, which also generates income, and often covers the cost of food.

Today, her children are working professionals, which she says is the result of the support they received, which added discipline in their work and in the investment. Judith dreams of putting her store in the lower part of her house, and to continue increasing her working capital in order to organize a distribution system for other working women so that they can have a source of income as well. This loan would be her fourth, and she plans to stock up on a variety of clothing and costumes for holidays that are coming up: a feast for ones in love, a feast of the angels, Halloween, and especially for December, when everyone buys what she is selling.
View original language description ↓
Judith B. L. tiene 63 años y vive con su cónyuge y tiene 4 hijos; desde hace 34 años empezó a vender ropa interior para niños y así apoyar los gastos del hogar; poco a poco con la ayuda de su esposo, quien le daba un dinero mensual para ayudarla a construir su sueño, "Variedades Judith" fue creciendo gradualmente hasta que hace diez años llegó a la Fundación Mario Santo Domingo, allí ha recibido cuatro créditos mediante los cuales ha tenido muchos logros por ejemplo el de fortalecer el capital de trabajo de su negocio, darle estudio a sus hijos, hacer en el segundo piso en su vivienda un apartamento, que ahora arrendado le genera un ingreso mas, así como también cubrir muchas veces los gastos alimenticios. Actualmente sus hijos son profesionales y están trabajando y ella dice que todo esto es producto del apoyo recibido, eso si agregándole disciplina en el trabajo y en la inversión. Ahora sueña con adecuar su almacén en la parte baja de su casa y continuar aumentando su capital de trabajo, para organizar un sistema de distribución en muchas mujeres trabajadoras con tal de que ellas tengan su fuente de ingreso también. Su credikiva es su cuarto crédito, con el planea abastecerse comprando ropa variada y disfraces para las fiestas que se avecinan: la de los enamorados, la fiesta de los angelitos, Halloween, pero especialmente para Diciembre donde todo el mundo compra lo que ella vende.

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
  • 192
    View loans »
    Colombia Loans Fundraising
  • $13,162,950
    Funds lent in using Kiva
  • 1,801.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Judith purchase clothing and costumes for holidays and celebrations.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2010
Listed
Sep 23, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011