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Mariela
Maria S. lives in the city of Cartagena de Indias with her husband and has two children who are 19 and 23-years-old. She is the owner of a store with various products that she started 14 years ago where she sells articles for the home and has gradually added hardware items. Her sales system is by credit and also cash sales. She has been linked to the Fundación Mario Santo Domingo for more than nine years and has received 7 loans with which she has been able to diversify the line of products she offers, such as being able to offer umbrellas, raincoats, children’s clothing, etc. She has also moved into a line of hardware products, furniture, and fixtures and with this has been able to not only break even, but also to profit and this has enabled her to reinvest in her business and offer credit opportunities to her customers. Her credikiva (Kiva loan) is her eighth loan and with it she will purchase items for the home and clothing for women, men, and children which she plans to package and display during the December season so that they can be sold as Christmas presents where joy and family unity is expressed and shared in the famous gifts that will help to increase sales in Mariela’s microbusiness.
Mariela’s greatest dream is to expand her business and this is her great goal, as well as obtaining her own home through the community construction program led by the Fundación Mario Santo Domingo.
View original language description ↓
Mariela S. vive en la ciudad de Cartagena de Indias con su cónyuge y tiene 2 hijos en las edades de 19 y 23 año; ella es la propietaria de un negocio de variedades que inició hace 14 años, donde vende artículos para el hogar y gradualmente le ha ido adicionando artefactos de ferretería, su sistema de ventas es a crédito y tambien de contado. Ella está vinculada a la Fundación Mario Santo Domingo desde hace más de 9 años y ha recibido 7 créditos, con los cuales ha logrado diversificar la línea de productos pues así como vende paraguas, impermeables, ropa para niños etc., también ha incursionado en la línea de ferretería, muebles y enseres y con ello ha logrado no solo sostenerse sino también lograr utilidades, que le han permitido reinvertir en su negocio y ofrecer oportunidades de crédito a sus clientes. Su credikiva es su octavo financiamiento y con el comprará artículos para el hogar , ropa para damas caballeros e infantil, los cuales planea empacarlos y exhibirlos en la temporada de Diciembre, de tal manera que se vendan como obsequios navideños, donde la alegría, la unidad familiar son expresadas y se comparten los famosos aguinaldos que ayudan con el incremento de las ventas en la microempresa de Mariela.
El mayor sueño de Mariela es ampliar su negocio y ese es su gran desafío, además de obtener su casa propia a través del programa de construcción de comunidades que lidera la Fundación Mario Santo Domingo.

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
  • 515
    View loans »
    Colombia Loans Fundraising
  • $14,939,400
    Funds lent in using Kiva
  • 1,836.1
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Mariela hardware products and articles for the home.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2010
Listed
Nov 6, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011