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Maria Ester
María Blanquécet lives in Cartagena. She makes 'chicha' (a soft drink made from corn) and soft drinks in general. She also sells various merchandise and cylinders of gas which she provides to restaurants and housewives. María started out selling various merchandise such as clothes and costume jewelry which she currently sells directly. She also makes 'chicha' which she distributes through two people who sell her product in all the surrounding districts in Nelson Mandela neighborhood of the city of Cartagena where she lives with her husband and four children aged 19 to 30.

María is very much aware of opportunities and as she saw that natural gas doesn't reach these areas, she started selling cylinders of gas so that when housewives find this product, which they use every day, has run out (a cylinder lasts about a month), they come to her to buy more. They bring empty cylinders and María gives them full ones. In this way, the housewives don't have to stop preparing meals for their families. She also supplies small restaurants and fast food places who already know of her business.

This is María's fifteenth loan from Fundación Mario Santo Domingo and she will use her Kiva loan to buy merchandise for which she has orders from her customers in this end-of-year season and also cylinders of gas because, as is the case every year, during this season they are in short supply since Christmas parties mean that a lot of food is prepared. She has many orders which restaurants have already made with her in advance.

Since she joined our organization, María has managed to use her loans to increase her work and responsibility and to buy her own house since the one she lived in before was rented. She now dreams of improving her home, providing it with better building materials. She also has a future goal of opening a soft drinks store to make more income although she still doesn't have the working capital that this requires and she will need to work to achieve it.
View original language description ↓
María Blanquécet vive en Cartagena y se dedica a la fabricación de chichas y refrescos en general, además de mercancía variada y de cilindros para los restaurantes y amas decas. Ella inició con la venta de mercancía variadas como ropa y fantasía en general lo que en la actualidad hace directamente y también prepara chichas que vende a través de dos vendedores los cuales reparten su producto en todos los los sectores aledaños al barrio Nelson Mandela en la ciudad de Cartagena, donde ella vive con su cónyuge y tiene cuatro hijos en las edades de 19 a 30 años. María muy conciente de la oportunidad y observando que hasta estos sectores no llega el gas natural, se dedicó a comercializar cilindros de gas, para que las amas de casa cuando se les termine este producto de consumo diario, que tiene una duración de un mes, se acerquen a comprarle, ellas llevan tanques vacios y María les entrega el que está lleno; así ellas no detendrán el proceso de preparación de las comidas a sus familias y para los pequeños restaurantes y comidas rápidas que ya conocen su negocio.
Este es su quinceavo financiamiento con la Fundación Mario Santo Domingo y con su credikiva comprará mercancía que tiene sobre pedidos, que vistan a sus clientes en este fin de año y cilindros de gas, porque como todos los años para esta época se escasean, por el alto consumo de alimentos que generan las fiestas navideñas tiene muchos pedidos que le han hecho los restaurantes por anticipado. Desde que ingresó a esta organización María ha logrado con los créditos a los cuales les ha agregado su trabajo y responsabilidad comprar su casa propia porque antes estaba arrendad, y ahora sueña con mejorarla provisionándola de mejores materiales de construcción., así mismo tiene como meta mas adelante tener una refresquería que le genere un mayor ingreso, pero aun no tiene el capital de trabajo que ello requiere y debe trabajar para lograrlo.

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
  • 360
    View loans »
    Colombia Loans Fundraising
  • $14,083,800
    Funds lent in using Kiva
  • 1,905.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Maria Ester to buy clothes for which she has orders and cylinders of gas to supply restaurants.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2010
Listed
Nov 29, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012