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Liliana Patricia
Liliana Patricia, 22, is a young woman living in Carmen de Bolívar, a municipality located at the foot of a valley known as “Montes de María” in the center of Bolívar department, which is the birthplace of Lucho Bermúdez, the most representative composer and singer of Colombian music, who popularized rhythms like the bolero, cumbia, porro and merecumbé. This is the cultural environment in which Liliana’s business unfolds. She sells general merchandise: bracelets, earrings, clothing, bolis (frozen fruit juice treats), candy and school supplies.

In order to get ready for the new school term that starts in January, Liliana Patricia is asking for her first Kiva loan from Fundación Mario Santo Domingo to buy school supplies, school shoes, candy and clothes because this is the working capital she rotates for her customers as well as a few other items still unsold.

Her investment in the business will be successful because of the large number of students that circulate and live around this school sector as well as the parents who are her main customers. They order school supplies from Liliana for their children because if they lack cash she gives them to them on credit.

Liliana is persistent in everything she does. She finished high school and started a university career but ran into difficulty paying for her courses. She dropped out and started working independently in her business and has just reenrolled in the university majoring in Business Administration. She is very happy because she gets customers there too to sell her products to.

Her current profit margin is 34% so she is projecting personal and family growth as well as turning her business into a great firm.
View original language description ↓
Liliana Patricia es una joven mujer de 22 años, habitante del Carmen de Bolívar, Municipio ubicado al pié del valle denominado “Montes de María”, en el centro del Departamento de Bolívar, que es la tierra de Lucho Bermúdez, el compositor e interprete musical más representativo e insigne de la música colombiana, que popularizó ritmos como el bolero, la cumbia, el porro y el merecumbé. Es este el ambiente cultural en el que se desenvuelve el negocio de Liliana, mediante el cual comercializa variedades, pulseras, aretes, prendas de vestir, refrescos como bolis (Jugos congelados de frutas naturales) dulcería y en general útiles escolares.
En términos de prepararse para la jornada escolar que inicia en le mes de Enero, Liliana Patricia está solicitando su primer credikiva a la Fundación Mario Santo Domingo, para comprar útiles escolares, calzado colegial, dulcería y prendas de vestir, porque su capital de trabajo se encuentra rotando entre sus clientes y alguna que otra mercancía está pendiente de vender. Su inversión en el negocio sería exitosa por la gran afluencia de estudiantes que circundan y viven en este sector escolar y de los padres de familia que son sus principales clientes, pues le encargan a Liliana los útiles escolares para sus hijos pues no tiene el dinero de contado para comprarlo y a ella se lo pagan a crédito. Liliana es una joven persistente en todo lo que hace, terminó su bachillerato e inició en la universidad una carrera pero se le dificultó el pago de sus estudios, se retiró, empezó a trabajar independientemente en su negocio y en la actualidad se reintegró a sus estudios de administración de empresas en la universidad y está muy contenta porque allí también encuentra clientes a quien venderle sus productos. En la actualidad el margen de contribución de los productos es de 34% y por eso proyecta su crecimiento personal y familiar en convertir su negocio en una gran empresa.



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
  • 510
    View loans »
    Colombia Loans Fundraising
  • $14,967,675
    Funds lent in using Kiva
  • 1,842.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Liliana Patricia to buy school supplies, school shoes, candy and clothes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2011
Listed
Jan 26, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012