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Yolanda Maria
Yolanda María S. S., 31, is strong and hard working. She owns a carpentry shop that was born 8 years ago that her husband used to run. However, with his death four years ago, she was forced to overcome and start to run it herself in order to continue to support her two young, 6 and 10 year old, children.

Yolanda makes multi-use furniture and armoires that she sells in Barranquilla and Santa Marta, a coastal city known as the Pearl of the Caribbean, thanks to its beautiful beaches and conserved natural scenery, its spectacular Sierra Nevada and its protected Tayrona park with its wide range of native flora.

This is Yolanda’s first Kiva loan that she will use to buy raw materials like: wood, adhesives, nails, screws and accessories because she wants to better position herself with her star item, the armoire, now that home construction is booming.

Maintaining cash flow is her greatest challenge and this is why she has been counting on loans from Fundación Mario Santo Domingo to solve this snag in production and continue growing as a small business. This way she hopes in the future to have her dream come true: “that her children have the best education and become successful people who stand out in whatever profession they choose.”
View original language description ↓
Yolanda María S. S. es una mujer de 31 años muy fuerte y trabajadora, propietaria de un taller de carpintería que nació hace 8 años y que antes manejara su esposo, pero con su fallecimiento hace 4, se viò obligada a sobreponerse y dirigirlo, para continuar manteniendo la obligación de sus dos pequeños hijos de 6 y 10 años. Yolanda en su taller fabrica multimuebles y closets, que vende en Barranquilla y en Santa Marta,una ciudad costera llamada la Perla del Caribe, por sus hermosos playas y paisajes naturales conservados, su espectacular sierra nevada y su protegido parque Tayrona conocido por su amplia gama de vegetación primaria.
Para Yolanda este es su primer credikiva, con el cual va a comprar materias primas como madera, pegantes, clavos, tornillos y accesorios, pues quiere posicionarse en su producto estrella, el closets, aprovechando que éste mercado está creciendo por el auge que en la actualidad tiene el sector de la construcción. Su desafío mayor es mantener liquidez y por eso está recurriendo a los créditos de la Fundación Mario Santo Domingo, para solucionar este inconveniente productivo y avanzar en el crecimiento de su microempresa, asì más adelante cumplirà su sueño: "que sus hijos, tengan la mejor educación y puedan ser personas exitosas y destacadas en la profesión que escojan".

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

  • $11,100
    Average annual income
  • 507
    View loans »
    Colombia Loans Fundraising
  • $15,250,425
    Funds lent in using Kiva
  • 1,786.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Yolanda Maria to buy raw materials like: wood, adhesives, nails, screws and accessories in greater amounts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2010
Listed
Oct 15, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011