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Rosalba Del Carmen
Rosalía C., age 41, lives in the Olaya neighborhood of the city of Cartagena de Indias. The city is enlivened by the rhythm of African-Caribbean music, and it is the cradle of its culture. This is where she has her home and lives with her family, which is comprised of four children from the ages of 9 to 20 and herself.

She also has a business, which she started with her brother. They sell domestic appliances and plastic furniture. They started with a little capital, and they distributed these items from town to town. At first they sold cheese. Then they expanded their field of operations in Maicao, where they took their dairy products and various merchandise to sell at a good price for their customers.

Very soon her discipline and desire to get ahead produced the first result. They made her business grow with more customers. However, it affected her in that she did not have enough capital to cover her customers’ orders on credit.

That is why she approached the Fundación Santo Domingo to apply for her first Kiva loan. She will use the loan to buy more merchandise like small domestic appliances, clothes, footwear, and items for the home.

Her dream is to develop her small business in an independent way and to strengthen her sales in other departments. She wants to do this in order to generate more income and to get her children ahead.

Her greatest challenges are the rains that frequently inundate the towns that she visits and make it difficult to collect payments in an organized way. However, she fortunately has good customers, and they put aside what she needs to collect because they appreciate her work and her good faith in them.
View original language description ↓
Rosalba C. tiene 41 años de edad y vive en el barrio Olaya de la ciudad de Cartagena de Indias, amenizada por los ritmos musicales afro caribe y cuna de esta cultura. Allí tiene su hogar conformado por ella y sus 4 hijos en las edades de 9 a 20 años y también un negocio que inició en compañía de su hermano: la venta de electrodomésticos y muebles plásticos, que iniciaron con poco capital y distribuyendo estos artículos de pueblo en pueblo, al principio vendían queso lácteos y luego ampliaron su campo de accione en Maicao, donde llevaban lácteos y traían mercancía variada aun buen precio para sus clientes; muy pronto su disciplina y sus ganas de salir adelante dio sus primeros resultado: hizo crecer su negocio con mas clientes pero estaban afectados porque su capital no alcanzaba a cubrir los pedidos por los créditos de sus clientes. Fue así como se acercaron a la Fundación Mario Santo Domingo, para aplicar a su primer credikiva, con el que va a comprar mercancías como electrodomésticos menores, ropa calzado y artículos para el hogar.


Su sueño es desarrollar su microempresa de manera independiente y fortalecer su venta en otros departamentos, para generar mas ingresos y sacar adelante a sus hijos. Aunque su mayor desafío son las lluvias, que muchas veces inundan las poblaciones que ella visita y le dificultan el cobro de su cartera de manera ordenada, afortunadamente cuenta con buenos clientes y ellos le guardan lo que debe recoger, porque aprecian su trabajo y su buena fe..



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
  • 135
    View loans »
    Colombia Loans Fundraising
  • $12,811,350
    Funds lent in using Kiva
  • 1,804.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Rosalba Del Carmen to buy more merchandise like small domestic appliances, clothes, footwear, and items for the home.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2010
Listed
Oct 5, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012