Check out some available loans that are similar to this one!
Eunice Del Socorro
Eunice Castellar is a woman living in the city of Cartagena very near to sports venues. She sells assorted goods in this beautiful place. The business helps meet household expenses. Her family consists of her husband and two children who are 3 and 6 years of age.

Eunice initially learned this occupation from her mother. They would travel to the La Guajira Department to bring merchandise to sell at a very domestic marketplace, that is, among family members and nearby neighbors. Once her mother retired from the business and Eunice had managed to secure a larger market she managed to amass a small bit of capital.

This is her first loan with Fundación Mario Santo Domingo and she will use it to buy clothes for women, children and men because she has pending orders from customers as well as new customers she’s winning over.

Eunice says that income from the business has provided her with economic independence since she and her husband very much want to provide wellbeing for their family so that when the children grow up they can provide higher education for them. Her goal now is to diversify because her clientele is asking for other items every day like athletic shoes, for example, and she wants to sell them on credit.

Her main challenge is the lack of capital to respond to market demand. This is why she’s asking the Fundación for a loan to be able to buy clothing for women, children and men; this is the reason for her Kiva loan.
View original language description ↓
Eunice Castellar es una mujer que vive en la ciudad de Cartagena muy cerca a escenarios deportivos, allí en esta bella vende mercancías variadas, negocio con el apoya los ingresos del hogar conformado por su esposo y dos hijos en las edades de 3 y 6 años.
Eunice inició aprendió esta actividad con su mamá, cuando viajaba al departamento de la Guajira y traían mercancía que vendía en un mercado muy doméstico, es decir entre parientes y vecinas cercana; y una vez su madre se retiró de su negocio, ya Eunice había logrado consolidar un mercado mayor y logró con su trabajo obtener un pequeño capital, este es su primer financiamiento con la Fundación Mario Santo Domingo y con el comprará ropa para damas, caballeros y niños, pues tiene encargadas entre sus clientes y algunos nuevos a los que está conquistando; Eunice dice que su negocio ha logrado tener una independencia económica con sus ingresos teniendo en cuenta que ella y su esposo tienen muchos sueños de brindar bienestar a su familia y cuando sus hijos crezcan, darles oportunidades de estudios superiores. Ahora su meta es diversificar porque su clientela pide cada día otros productos como el calzado deportivo y quiere vendérselos a ella mediante sistema de crédito también.
Su principal desafío es la falta de capital para responder a la demanda del mercado por eso está solicitando un financiamiento a la Fundación mediante con el cual comprará ropa femenina e infantil y también para caballeros.

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
  • 487
    View loans »
    Colombia Loans Fundraising
  • $15,259,900
    Funds lent in using Kiva
  • 1,878.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Eunice Del Socorro to buy clothing for women, children and men.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2011
Listed
Mar 12, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011