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Leopoldina
Leopoldina C. arrived from Bogotá a little over three years ago to the city of Barranquilla and set up her own business selling refrigerated meats and also selling merchandise by catalog. She makes good use of her good relations with the police depot which is quite near her living quarters and with the associated clinic. That is how her business got its start. Gradually she has been adding new customers and new merchandise by means of specialized product guides.

This is her first loan with the Fundación Mario Santo Domingo. She plans to use it to supply the large volumes of refrigerated meats which have already been ordered for the end-of-the-year season during which her customers prepare their most scrumptious dishes to celebrate the New Year. With the investment of this new capital she hopes to generate a bigger increase in her profits due to the good number of customers who have already placed their orders and because it is the season in which Leopoldina takes advantage of end-of-the-year deals, buying directly from the companies.

Her dream is to have her own home and additionally to exhibit her products in a large retail center which would facilitate her business interactions. Her greatest challenge was during the process of adaptation when she arrived in Barranquilla. Her dream is that, along with her husband, she would obtain a quality education for her two children who are 7 and 18 years old, channeling for them a future full of successes and prosperity.
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Leopoldina C. procedente de Bogotá desde hace algo mas de tres años, llegó a la ciudad de Barranquilla e instaló su propio negocio de ventas de carnes frías y también de venta de mercancías por catálogo, aprovechando sus buenas relaciones con la central de policía que le queda muy cerca a su vivienda y con la clínica de este mismo organismo. Así fue como inició su negocio, al que gradualmente ha ido agregando nuevos clientes y también nuevas mercancías mediante guías especializadas de productos. Este es su primer crédito con la Fundación Mario Santo Domingo, con el planea provisionarse de amplios volúmenes de carnes frías ya encargadas para la época de fin de año, en la que sus clientes preparan las mas deliciosas comidas para celebrar el fin de año. Con este nuevo capital invertido aspira a generar un mayor incremento en sus utilidades, por el buen número de clientes que han realizado ya sus pedidos y porque es la época en que Leopoldina compra directamente a las empresas las ofertas de fin de año, como .
Su sueño es tener una casa propia y adicionalmente exhibir sus productos en una gran miscelánea que le facilite el intercambio comercial. Su mayor desafío fue en su proceso de adaptación cuando llegó a Barranquilla. Su sueño es, al lado de su conyugue, lograr una educación de calidad para sus dos hijos que están en las edades de 7 y 18 años, canalizándoles un futuro lleno de éxitos y prosperidad.

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
  • 501
    View loans »
    Colombia Loans Fundraising
  • $15,250,425
    Funds lent in using Kiva
  • 1,807.9
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Leopoldina to purchase a large volume of cold meats such as stuffed turkeys and cold cuts along with delicious sauces.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2010
Listed
Oct 23, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011