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Carmen Cecilia
Carmen T. is an enterprising woman and she loves commerce. She works sells toys and she also sells other various types of merchandise in the city of Monteria. She travels there with frequency. She is a widow and she has 5 children between the ages of 36 and 42.

She requests a loan to invest in the purchase of materials to make her dolls, such as fabrics, faces and threads, as well as to purchase merchandise such as clothing to ready her clients for the end of year holidays. She will make her sales in the city of Monteria but there she will also purchase milk products such as cream, butter, whey, cheese, and white corn cakes to resell in the city of Cartagena. She started out selling her merchandise through a catalogue but gradually she started selling clothing imported from the city of Medellin where the quality of clothing is excellent. She started adding more items to sell based on customers' requests, including gold jewelry. But it was though her shoe sales that she became known in all the villages in the Cordoba region and throughout all of Columbia. She purchased merchandise in each place she visited. This is her second loan through Fundacion Mario Santo Domingo. With the previous loan she supplemented her working capital and she is appreciative of the support, indicating that it was better than going to a bank. Her dream is to improve the quality of her dolls and to one day have a restaurant because she loves to cook.
View original language description ↓
Carmen T. es una mujer muy emprendedora que le gusta el negocio, trabaja la línea D. muñequería y también venD. mercancía variada en la ciudad D. Montería donD. viaja con mucha frecuencia. Ella es viuda y tiene 5 hijos en las edades D. 36 a 42 años.
En la actualidad solicita su credickiva que invertirá en la compra D. materias primas para fabricar muñecas, como telas, rostros hilos y también quiere comprar mercancía como ropa para vestir elegante a sus clientes el fin D. año en la ciudad D. Montería lugar donD. venderá estas mercancías y comprará derivados lácteos como crema D. leche, mantequilla, suero, queso y bollos limpios, para venderlo en la ciudad D. Cartagena.
Inicialmente vendía mercancías a través D. catálogos, pero gradualmente le agregó ropa traída D. la ciudad D. Medellín, donD. hay muy buenas confecciones, así mismo fue adicionando todo lo que los clientes le pedían como prendas D. oro, calzado fue como conoció todos los pueblos D. la sabana D. Córdoba y viajó por toda Colombia, comprando y vendiendo mercancía y aprendiendo en cada lugar. Este es su segundo crédito con la Fundación Mario Santo Domingo, con el anterior logró aumentar su capital D. trabajo y con esta organización se siente muy agradecida porque ella dice que “la poyó mejor que un banco” Su sueño es mejorar la calidad D. sus productos D. muñequería y tener algún día un restaurante porque le encanta el tema D. la comida.

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
  • 265
    View loans »
    Colombia Loans Fundraising
  • $13,496,050
    Funds lent in using Kiva
  • 1,809.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Carmen Cecilia to purchase materials to make dools and to purchase clothing.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2010
Listed
Sep 28, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012