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Zaida
Zaida D. is a 57 year-old woman who lives in the city of Cartagena. She lives in a neighborhood whose residents are self-employed workers, salespeople and generally very hard-working people. Zaida's business is selling pies and 'hayaca' (a cornmeal dough with a savory filling wrapped in plantain leaves then boiled or steamed). She has been in this business for four years, since her husband became unemployed and they came to Cartagena with her mother and a little bit of capital.

They started living on the income from her business preparing this food, with the support of a small pension of her mom's. Zaida tells us that her business has done very well and her household income has increased. Her husband helps her and also travels to sell goods. For this reason, he is often absent for long periods of time and during these times her business supports the household. Zaida's business activity has been important for all of them because she has managed to get together enough money for a down payment on a house. She now hopes to receive her house so that she can set up her business there as a big challenge for her is managing to attract a permanent market in this neighborhood where she will soon live with her family.

This is Zaida's first loan with Fundación Mario Santo Domingo and she will use it to buy rice, oil, vegetables, pork and chicken to increase her capital. She hopes to sell her products to stores and other sales locations. This would have a positive impact on her income.
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Zaida D. es una mujer de 57 años de edad que vive en la ciudad de Cartagena; en un barrio donde habitan trabajadores independientes, comeciantes y en general gente muy trabajadora, Zaida se dedica a la venta de hayacas y pasteles desde hace cuatro años, cuando su esposo quedò desempleado y llegaron a Cartagena con su madrè y un pequeño capital. Asì fuè como empezaron a vivir de la preparaciòn de estos alimentos y el apoyo de una pequeña pensiòn de su mamà; Zaida cuenta que con su negocio le ha ido muy bien, porque ha aumentado los ingresos del hogar, su esposo la ayuda y tambien viaja para vender mercancias por eso se ausenta en largas temporadas y su negocio en ese momento es el sustento del hogar . Esta actividad productivapracticada por Zaida, ha sido importante para todos porque ha logrado reunir un dinero para la cuota inicial de su vivienda y ahora espera recibirla para adecuar su negocio allì, porque su gran desafio es lograr un mecado permanente el este barrio donde proximanete habitarà con su familia. Este es su primer financiamiento con la Fundaciòn Mario Santo Domingo, con el comprarà arroz, aceite,verduras,carnes de cerdo y pollo, para aumentar su capital, pues espera vender sus productos a tiendas y puntos de venta, con los cuales estaria impactando positivamente sus ingresos.

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
  • 246
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,883.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Zaida to buy rice, oil, vegetables, pork and chicken.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2011
Listed
Feb 15, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011