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Blanca Isvelia
Blanca F. P. is a hardworking woman who lives in Carrizal, a neighborhood in southern Barranquilla full of working class people who are cheerful and dynamic. Fundación Mario Santo Domingo also has a great reception in this area. Blanca has a wholesale business selling powdered whey (a nutritional product made from milk) that has enabled her to generate income to support her family that consists of herself and three children who range in age from 22 to 30. She has customers all over the city and started distributing her products with other people who failed in this same type of business. However, Blanca has been able to succeed and maintain her business. Her suppliers trusted her and were the ones responsible for supporting her during the early stages of her business. Through her business, Blanca has been able to provide her children with an education and acquire a home.


This is her second loan with Fundación Mario Santo Domingo. Her first loan provided greater peace of mind because she was able to buy inventory with cash and without any hassles. Now her dream is to acquire a storefront because she currently works at home and her business is taking up much space. Meanwhile, Blanca continues to work and generate an average of 30% profit from her sales. She wants to increase her margins by shortening her product turnover period. With this Kiva loan, Blanca will purchase powdered whey in large quantities so that she can increase her customer base and expand to other areas that are requesting her product.

View original language description ↓
Blanca F. P., es una mujer muy trabajadora que vive en Carrizal, un barrio al sur de Barranquilla de gente trabajadora alegre y dinámica, donde la Fundación Mario Santo Domingo tiene una gran acogida; allí también funciona su negocio de vender suero al por mayor, producto elaborado a base de leche, con el cual ha logrado generar ingresos para el mejoramiento de su familia, conformada por ella y sus tres hijos ya en las edades de 22 a 30 años. Ella tiene clientes en la ciudad y los distribuye en compañía de otras personas pero fracasaron en esta actividad mientras Blanca Isvelia salió adelante y aun la sostiene, en ella creyeron sus proveedores y fueron ellos quienes principalmente la apoyaron para sostenerlo en la primera etapa; Con su negocio ha logrado la educación de sus hijos y la adquisición de su vivienda, ella en sus tiempos libres trabaja en un almacén ubicado cerca a su vivienda y con ello genera otros ingresos para su hogar; este es su segundo financiamiento con la Fundación Mario Santo Domingo, con el primero logró mayor tranquilidad al poder comprar de contado y con menos afanes; su sueño es ahora adquirir un local, porque el que actualmente tiene está ubicado en su vivienda y ocupa mucho espacio de ella. Mientras tanto Blanca continua trabajando con utilidades promedias sobre las ventas de un 30% , que quiere seguir incrementando en la medida en que más rote su cartera.Con la aplicación de su credikiva comprará suero en mayor cantidad, porque se han incrementado sus clientes e incursionará en otros sectores donde ya tiene solicitud.

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
  • 251
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,811.1
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Blanca Isvelia to purchase powdered whey in bulk.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2011
Listed
Apr 24, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012