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Sonia Constanza
Sonia Constanza, age 36, lives in the Primavera neighborhood of the city of Bogotá with her husband and two children, ages 8 and 16. Sonia has a business called Café, a pastry shop selling items derived from wheat flour. She began the business 5 years ago as a bread bakery but has gradually remodeled it, adding products for a coffee and pastry shop. With this change she wants to obtain greater profitability and enlarge her product line of desserts, which are very much in demand and generate a 40% profit.


With her Kiva loan, her first with Fundación Mario Santo Domingo, Sonia will purchase a greater volume of raw materials and resources. December is approaching, a period jn which prices increase, and by buying now she avoids that increase. Also, she wants to continue to strengthen her product line of breads and pastries, taking advantage of the Christmas season to create economical gift choices for her customers, such as Christmas breads, puddings, and cakes, among other ideas appropriate for the season. Her greatest challenges are obtaining a position in the market, increasing her sales, obtaining significant profits that support her own and her family’s well-being, and meeting the potential of the highly commercial district where her small business is located.

View original language description ↓
Sonia Constanza de 36 años vive en el barrio primavera de la ciudad de Bogotá con su cónyuge y sus dos hijos en las edades de 8 y 16 años, allí en esa ciudad Sonia tiene un negocio llamado Café pastelería y derivados de la harina de trigo, el cual inició hace 5 años como panadería pero gradualmente lo ha ido remodelando y adicionándole productos de cafetería y repostería, con esta adición quiere lograr mayor rentabilidad y ampliar la linea de postres que es muy apetecida y genera un 40 % de utilidades. Con su credikiva, primer crédito con la Función Mario Santo Domingo Sonia comprara en mayor volumen, su materia prima e insumos, pues se acerca Diciembre, época en que se aumentan los precios y comprando ahora se ahorra ese incremento. Igualmente quiere seguir fortaleciendo su linea de productos de panadería y repostería, aprovechando la época navideña, para crear alternativas de obsequios económicos a sus clientes, como el pan navideño, pudines, tortas entre otros diseños propios de la época.
Su mayor reto es lograr posicionamiento en el mercado, aumentar sus ventas y lograr utilidades significativas que le apoyen su bienestar personal y familiar interpretando la potencialidad del sector altamente comercial, donde se encuentra ubicada su microempresa.

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
  • 267
    View loans »
    Colombia Loans Fundraising
  • $13,343,550
    Funds lent in using Kiva
  • 1,816.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Sonia Constanza she will buy a greater volume of raw materials and resources.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2010
Listed
Nov 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012