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Marleth
Marleth Rodríguez lives in the suburbs of the city of Barranquilla and her business is located in the same area. She is a widowed woman that has 3 children of the ages from 11 to 17 years, which she hopes to see become successful professionals and who are her daily inspiration in her work. Since the year 1998 when she started her business with a loan that her husband took out, she has not stopped for a moment. She sells clothing for ladies chiefly and, in a smaller proportion, clothes for men and children, which she distributes by means of orders from among her clients. She offers them a moderate credit so they can agree to buy articles that would not possibly be within their reach with cash. Currently she is applying for her fourth loan with the Mario Santo Domingo Foundation, with which she will carry out improvements of her housing conditions: steaming and adapting the bathroom and kitchen. With her previous loan she managed to supply her business with new merchandise, which has resulted in a slight increase in the family income. Her dream is to manage a stationary business in a commercial location where it would be seen as a great store. Her most important challenge is the small amount of working capital that she currently handles, and that many times she does not have enough to respond opportunely to her clients. In the meantime Marleth continues working to multiply her average net profit margin of 12%.
View original language description ↓
Marleth Rodríguez vive en el suroccidente de la ciudad de Barranquilla y allí mismo está ubicado su propio negocio; ella es una mujer viuda que tiene 3 hijos en las edades de 11 a 17 años, con los que sueña ver convertidos en unos profesionales de mucho éxito y que son su inspiración diaria en el trabajo. Desde el año 1998 inició su negocio con un crédito que le hicieron a su esposo y desde ese momento no se ha detenido; ella vende ropa femenina para damas principalmente y en menos proporción ropa infantil y masculina, la cual distribuye mediante pedidos entre sus clientes, otorgándole un crédito moderado para que puedan acceder a artículos que de contado posiblemente no estarían a su alcance. En la actualidad está aplicando a su credikiva que el cuarto financiamiento que hace a la Fundación Mario Santo Domingo, con el cual realizará mejoramiento de las condiciones habitacionales: empañete, adecuaciones del cuarto de baño y de la cocina. Con su anterior financiamiento logró surtir su negocio con mercancías nuevas, lo cual se constituyó en un ligero aumento en el ingreso familiar. Su sueño es dirigir su negocio a la venta de papelería en un punto comercial donde pueda ubicarse como un gran almacén. Su desafío más importante es el pequeño capital de trabajo que en la actualidad maneja, y que muchas veces no alcanza para responder oportunamente a sus clientes. Mientras tanto Marleth continua trabajando con una rentabilidad neta promedia de un 12% para lograr multiplicarlo.

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
  • 285
    View loans »
    Colombia Loans Fundraising
  • $13,826,450
    Funds lent in using Kiva
  • 1,817.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Marleth to improve her housing conditions: specifically the bathroom and kitchen.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2011
Listed
Apr 11, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013