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Maria Teresa
Maria Teresa and her husband are a couple that is aware of opportunity. That's why Maria started a business selling electrical replacement items, taking advantage of the fact that her husband works for a wholesale distributor and they have the possibility of purchasing goods for their neighborhood shop on credit. This idea was so successful that today they purchase items directly from authorized distributors.

Their customers are a taxi drivers as well as motorcycle owners in the area. The shop is known for its visible location and organized stock with a little bit of everything.

This loan through Fundacion Mario Santo Domingo is their second. The first helped increase their working capital and this loan will help bring goods from Cali such as horns, starters, alternators, spark plugs, lights and accessories. Her goal is to have a store where her family can work and fulfill her entrepreneurial dream
View original language description ↓
María Teresa y su esposo es una pareja muy observadora de las oportunidades, por eso Maria inició un negocio de vender repuestos eléctricos , aprovechando que su esposo trabajaba en un almacén que comercializaba esta mercancía y tenían la facilidad de sacar a crédito los productos, para surtir su pequeño almacén de barrio; el éxito de esta idea permitió el crecimiento del negocio y hoy le compra directamente a distribuidores autorizados; sus clientes son los taxistas, propietarios y conductores de motocicletas que trafican por el sector y que en la actualidad lo reconocen, porque cuenta con un local visible y muy ordenado donde ellos encuentran de todo un poco.
El credikiva es su segundo crédito con la Fundación Mario Santo Domingo, el primero la ayudó a complementar su capital de trabajo y ahora va a comprar mercancía traída de la ciudad de Cali, como bovinas, motores de arranque, alternadores, bujías, focos , lujos y accesorios para vehículos. Su principal meta es tener una sucursal donde trabaje su familia y cumplir su sueño emprendedor.

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
  • 281
    View loans »
    Colombia Loans Fundraising
  • $13,600,025
    Funds lent in using Kiva
  • 1,803.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Maria Teresa purchase goods from Cali such as, horns, starters, alternators, spark plugs, and vehicle accessories.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2010
Listed
Sep 24, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012