Check out some available loans that are similar to this one!
Claudia  Patricia
Claudia is a very organized woman who started selling general store merchandise five years ago. She has managed to grow her business, gradually buying display cabinets and stocking her business with more merchandise. Her profits increased but her working capital wasn't enough to fulfil her dream and improve her business in a more effective way. With this in mind, Claudia joined Fundación Mario Santo Domingo five years ago. With the help of five loans and her own determination, she has managed to turn her small business into a point of service where not only does she offer a variety of merchandise but she also offers an Internet café service and photocopying services. Claudia's business is clearly a family one. Her husband and her children, aged 13, 16 and 17, all support her by serving in the business. In this way they have all strengthened their service vocation and this is one of their strengths.

Claudia's Kiva loan is her sixth loan from Fundación Mario Santo Domingo. She will use it to buy video games in order to modernize her Play Station service which is no longer all the rage. She will also buy a variety of merchandise to stock her store. This investment will help her to increase demand and Claudia will thereby be able to develop her small business' entire operating capacity and increase her income.

Claudia's dream, and also her challenge, is to support the professional development of her children. She is prepared to direct all her efforts towards this goal and she hopes that, thanks to her business, she will be able to achieve it.
View original language description ↓
Claudia es una mujer muy organizada, que hace 5 años empezó vendiendo artículos de miscelánea, ella ha ido de menos a mas pues poco a poco fue comprando una vitrina y otra, que fue surtiendo con mercancías; así sus utilidades fueron creciendo pero su capital de trabajo no era suficiente para alcanzar su sueño y perfeccionar su negocio de una manera mas efectiva. Con este ideal hace un poco mas de 5 años, se vinculó a la Fundación Mario Santo Domingo y mediante 5 financiamientos y todo su empeño, ha logrado convertir su pequeño negocio en un punto de servicios donde no solo ofrece mercancía variada tipo miscelánea, sino también servicios de un café internet y fotocopiaje. Su negocio es netamente familiar, su esposo y sus hijos de 13, 16 y 17 años le apoyan en su atención, porque allí todos han fortalecido su vocación de servicio y esta es una de sus fortalezas. Su credikiva es su sexto financiamiento, con el comprará juegos de videos para modernizar el servicio de play stations que ya pasó de modas y mercancias varias para surtir su miscelanea; con esta inversión aumentará la demanda y así Claudia logrará desarrollar toda la capacidad operativa de su microempresa y aumentar los ingresos.
Su sueño y gran desafío se concentra en apoyar el desarrollo profesional de sus hijos y para ello estará dispuesta a dirigir todos sus esfuerzos a ello y espera que con su negocio sea capaz de lograrlo.

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
  • 503
    View loans »
    Colombia Loans Fundraising
  • $15,250,425
    Funds lent in using Kiva
  • 1,878.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Claudia Patricia to buy video games to modernize her services and to buy merchandise for her store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2011
Listed
Mar 31, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012