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Viviana Esther
Viviana Elena lives in the municipality of Malambo and she lives together with her two children, aged 15 and 17. Since she was 20 years old she started her business. She learned the business from her mother since she was a young girl when she lived in the city of Soledad, another municipality near Barranquilla. When she moved of Malambo she started her business there. She started out by selling shoes, clothing and other merchandise and the business was overseen by her mother. Later she learned to make crafts out of crafters foam, wood, porcelain and using other media and she decided to start selling. The pilot project was successful but she didn't have enough capital to fill the orders she received so she sought out Fundacion Mario Santo Domingo (Kiva Field Partner) for their support. She accessed her first loan in the amount of 1.200.000 COP and with it she purchased a variety of products, including clothing, shoes and ladies' accessories. She had enough money to purchase materials to make her beautiful crafts.
This is how she managed to supplement her working capital and to make herself independent from her mother.

Thanks to her business she has been able to cover the house hold expenses and her children's education costs; she was able to contribute with her husband to the family's support. This loan is the second she requests and with it she will purchase sheets of crafters' foam, sewing materials, shoes, paints, and clothing. She will endeavor to take advantage of the holiday season at the end of the year when the sales are the highest. Every family enjoys decorating their homes, in preparation for Christmas. Equally they prepare themselves for New Year's Day.
View original language description ↓
La señora Viviana Elena vive en el municipio de Malambo, con su cónyuge y dos hijos en las edades de15 y 17 años. Desde hace 20 años inició un negocio de comercio, actividad que aprendió de su mama desde muy niña cuando vivía en Soledad, otro municipio muy cercano a Barranquilla. Una vez se mudo a malambo , inicio este mismo negocio allí, vendiendo inicialmente calzado , ropa y artículos que le suministraba su mama, pero muy pronto aprendió a elaborar sus propias artesanías en foamy, madera, porcelanicron y arte country y decidió comercializarlas, como prueba piloto y le fue muy bien , pero aun no tenía suficiente capital para responder a sus pedidos, fue así como se acerco a la Fundación Mario Santo Domingo y accedió a su primer crédito por valor de$ 1.200.000 COP con este financiamiento adquirió mercancía variada, como ropa, calzado y accesorios femeninos y también le alcanzo para comprar materias primas y fabricar sus hermosas artesanías; asi fue como logro aumentar un poco su capital de trabajo e independizarse de su madre.
Gracias al negocio puede responder a los gastos del hogar como a la educación de sus hijos y ayudar a su esposo al sostenimiento de esta familia; su credikiva es el segundo y con el comprara laminas de foamy, lencería calzado, pintura y ropa, porque aprovechara la temporada de mayor repunte de sus ventas como el fin de ano donde las familias adornan sus viviendas, anunciando que ya viene las navidades, el ano nuevo y se visten elegantemente para esperarlo.

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
  • 529
    View loans »
    Colombia Loans Fundraising
  • $14,661,300
    Funds lent in using Kiva
  • 1,798.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Viviana Esther to purchase sheets of crafters' foam, sewing supplies, shoes, paints, and clothing.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2010
Listed
Sep 24, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2012