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Duve Esther
Duve M. R. is a 50-year-old woman who lives in the Siape neighborhood, and who does not just sit around, because she is giving expression to her entrepreneurial talent: she is always busy looking for opportunities, buying, selling, and getting to know new people in order to make them her customers.

She has been working in this way for many years; 7 years ago, she started traveling to Maicao, a municipality on the border with Venezuela, to buy groceries such as rice, oil, detergent, soap, powdered milk, sausages, soft drinks and even bedsheets. When she began this business, she did it with very little capital, and little by little she has been increasing it. Duve travels with her sister every 8 days, buying products which her customers request, and distributing them on credit each week; she later collects her payments every two weeks. Her main customers are her neighbors in the San Salvador neighborhood and also in her own community. Recently, she has found many of these items for a good price in Barranquilla, and thus she buys them in that city. Duve added to her business the sale of shoes through specialized guides; she sells them on order and collects the money every 15 days.

Duve is a very creative and dynamic woman who is always on the move. She takes great advantage of her skills, and she is constantly identifying market niches where she can earn money with her work. She has always done what she enjoys, and that is the root of her success. During the Carnival season, Duve sells shirts decorated with sequins, which she makes herself, and this is another source of income for her. She also sells beer, soup and hayacas [a kind of tamale], taking advantage of the fact that the area where she lives happens to be the place where the great Carnival parades take place, so it is a place where great crowds gather to enjoy these events that are so important for the city of Barranquilla. She and her family, made up of her husband, who is retired from work with a company, along with children and grandchildren, live in their own house, where she and her husband always remain united in all of the decisions related to the household.

This is her third loan, and Duve plans to buy groceries in greater volume, because she has orders for rice, oil, detergent, soap, powdered milk, and sausages. She feels that her life has changed since she received her first loan, because she has had the opportunity to have money available to buy merchandise and respond very quickly to her customers. Her dream is to expand her business, adding silver jewelry, because she has potential customers she met in Maicao, and they have requested this. This is her current challenge, since she needs a little more capital, and she is working toward this goal.
View original language description ↓
Duve M. R. es una mujer de 50 años que vive en el barrio Siape y que no se queda quieta porque le da curso a su talento emprendedor; siempre está en función de mirar las oportunidades, comprar, vender y conocer nuevas personas para convertirlas en sus clientes.
Así ha venido trabajando durante muchos años, porque desde hace 7, se dedica a viajar Maicao, un municipio fronterizo con Venezuela, para comprar víveres como arroz, aceite, fab, Jabón, leche en polvo, salchicha, refrescos y hasta sabanas. Cuando inició esta actividad, lo hizo con muy escaso capital y poco a poco ha ido incrementándolo. Duve viaja con su hermana cada 8 días, compra productos que le encargan y los distribuye a crédito semanalmente, para luego recoger su cartera cada quince; sus principales clientes son sus vecinos del barrio San Salvador y también tiene en su propia comunidad. Últimamente ha encontrado muchos de estos artículos a buen precio en Barranquilla y entonces los compra en esa ciudad. Duve adicionó a su negocio la venta de calzado a través de guías especializadas y este dinero lo recoge cada quince días y vende por encargos.
Duve es una mujer muy creativa y dinámica, siempre está en movimiento, le saca mucho provecho a sus capacidades y constantemente permanece identificando nichos de mercado donde pueda ella ganar con su trabajo; se ha dedicado siempre a lo que le gusta y ahí radica su éxito. En época de carnavales, Duve vende camisetas estampadas con lentejuelas que ella misma decora y este es un potencial al cual le saca dinero también, igualmente vende cerveza, sopas y hayacas, ya que aprovecha que en el sector donde vive es justamente por donde se dan los grandes desfiles del carnaval, comparsas y es un escenario de gran aglomeración de personas para disfrutar de estos eventos importantes en la ciudad de Barranquilla. Ella y su familia conformada por su esposo, pensionado de una empresa, e hijos y nietos, viven en su propia casa donde ella y su esposo permanecen siempre unidos y en todas las decisiones de su hogar. Este es su tercer financiamiento y Duve planea comprar víveres, en un mayor volumen porque tiene encargado, arroz, aceite, fab, jabón, leche en polvo embutidos; ella siente que ha cambiado su vida desde que recibió su primer crédito, porque ha tenido la posibilidad de dinero disponible para comprar y responder muy pronto a sus clientes. Su sueño es ampliarlo adicionándole prendas de plata porque tiene un potencial de clientes que conoció en Maicao y así se lo han solicitado, este es justamente su desafío, pues requiere un poco mas de capital y está trabajando para ello



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
  • 294
    View loans »
    Colombia Loans Fundraising
  • $13,948,100
    Funds lent in using Kiva
  • 1,807.9
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Duve Esther buying groceries in greater volume, because she has orders for rice, oil, detergent, soap, powdered milk and sausages.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2010
Listed
Oct 22, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011