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Luz
Luz Marina Martínez has a hardware business where she sells reels of soft wire, manila rope, nails, screws, adhesives, aerosol paints, small nails, brackets, lightbulbs, seals for bathroom pipes, bolts, tape and general spare parts for domestic, electrical and PVC piping.

Luz started her small business called "Depósito Surtimar" when she found herself out of work from a similar business where she gained her experience. She used her severance pay to develop her entrepreneurial idea, strengthen her family income and create a job for herself. Through her business, Luz has grown as a person and also as a businesswoman. Her dream is to consolidate her business and to turn it into a large company with several sales outlets. For this reason, she is applying for a loan to use as working capital. She will invest the loan in buying electrical spare parts and bathroom plumbing supplies, as well as screws, nuts, nails and lightbulbs, in larger quantities than she is used to doing. In this way she will start constructing her plan.
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Luz Marina Martínez tiene un negocio de ferretería, donde vende alambre dulce carretes, cabuya de manilas, clavos, tornillos, pegantes, pinturas en aerosol, puntillas, soportes, bombillos empaques de tuberías sanitarias, roscas, cintas, y en general repuestos para tuberías domiciliarias, eléctricas y en PVC. Ella inició su microempresas al que llamó “Depósito Surtimar”, una vez quedó sin trabajo en un negocio similar del cual adquirió su experiencia y con la indemnización recibida desarrolló su idea emprendedora, para fortalecer su ingreso familiar y generar su propio empleo. Con este negocio ha crecido como persona y también en el ámbito empresarial, su sueño es consolidarla y convertirla en una gran empresa con varios puntos de atención y por eso está aplicando a un crédito de capital de trabajo en cual invertirá en la compra de repuestos eléctricos y tuberías sanitarias, así como en tornillos, tuercas, clavos, bombillos en mayor cantidad de lo que está acostumbrada a hacerlo, con ello empezará la construcción de su propósito

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
  • 528
    View loans »
    Colombia Loans Fundraising
  • $14,933,525
    Funds lent in using Kiva
  • 1,870.9
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Luz to buy electrical spare parts and bathroom plumbing supplies, as well as screws, nuts, nails and lightbulbs in larger quantities.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 30, 2011
Listed
Mar 28, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2011