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Patricia
Patricia Martínez is 34 years old and lives with her partner and 4 children, who are between 8 and 15 years old. They live in the City of Bicentenario, one of the places of Dreams and Opportunities, an integral housing and development program for sustainable communities, led by the Mario Santo Domingo Foundation (Kiva’s field partner). She is a vey enterprising woman that began her business of selling various merchandize when she lived in another neighborhood and was transferred to this community because of cracks in her home. In Bicentenario she began her work once more, with old customers and new neighbors, with her business called “Variedades Yanny.” Patricia sells her merchandize for the consumption of the community by selling backpacks, trousseaus and everything pertaining to costume jewelry (which she handcrafts herself) while the merchandize is bought at a good price to be sold on credit and cash. This is her first loan with the Mario Santo Domingo Foundation; she will buy materials to make necklaces, earrings, anklets as well as makeup, backpacks, and dresses. Her dream is to add new shelves and display cases and fill them with many products needed by the community which many times she does not have. She will work hard with her partner in meeting her goal of educating their children because that is their main objective, to help them become successful professionals.
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Patricia Martínez de 34 años vive con su cónyuge y sus 4 hijos en las edades de 8 a 15 años, en Ciudad Bicentenario, uno de los escenarios de Sueños y oportunidades: Programa de vivienda y desarrollo integral de comunidades sostenibles, liderado por la Fundación Mario Santo Domingo. Ella es una mujer muy emprendedora que inició su negocio de vender mercancía variada cuando vivía en otro barrió y fue trasladada a esta comunidad por agrietamiento de su vivienda; en Ciudad Bicentenario emprendió nuevamente su actividad, integrada ahora por sus antiguos clientes y sus nuevos vecinos; en este negocio de nombre “Variedades Yanny”, ella comercializa mercancías de consumo comunitario, como mochilas, ajuar de para damas y todo en bisutería, estos últimos productos elaborados con sus propias manos, mientras la mercancias las compra a un buen precio para vender a crédito y de contado. Este es su primer financiamiento con la Fundación Mario Santo Domingo, con él comprará materiales e insumos para elaborar collares, aretes, tobilleras y también comprará cosméticos, mochilas y vestidos. Su sueño es adicionar nuevos estantes y vitrinas y surtirlos con mucho productos solicitados por la comunidad y con los que muchas veces no tiene en existencia; así mismo trabajará mucho con su cónyuge, para lograr la meta de educar a sus hijos porque su máximo desafío, es ayudarlos a que sean profesionales de éxito.

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
  • 162
    View loans »
    Colombia Loans Fundraising
  • $12,834,025
    Funds lent in using Kiva
  • 1,877.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Patricia buy materials to make necklaces, earrings, anklets as well as makeup, backpacks, and dresses.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2011
Listed
Mar 31, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012