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Snith
Snith M. is 31 years old. She is a very cheerful and friendly young woman who owns a drugstore where she sells medicines and personal care products. Her main products are generic medicines which are what she started out selling eight years ago when she decided to buy the business from the then tenant when he decided he didn't want to continue in it. Her customers are neighbors and passersby.

In addition to being a businesswoman, Snith enjoys the recognition of her customers, neighbors and friends who provide good personal and family references. This is recognition that she has earned.

This Kiva loan is Snith's first loan through Fundación Mario Santo Domingo. She will use it to buy personal care products and other products that she sells a lot of in her drugstore. Snith is very happy with her business because it is her family's main source of income and it is the work through which she is reaching her dream of seeing her two children, aged 11 and 5, enjoy better educational and work opportunities since they are what motivate her to get ahead in her search to provide them with all the opportunities she can.

Snith's biggest challenge right now is obtaining her own home and, for this reason, she is preparing to access the 'Dreams and Opportunities' program led by Fundación Mario Santo Domingo through which she will apply to achieve her goal. While she is developing her dreams, she takes care of her business which currently makes her profits of no less than 30%.
View original language description ↓
Snith M. de 31 años es una joven muy alegre y cordial que tiene una droguería en la cual vende medicamentos y productos de tocador; sus principales productos son los medicamentos genéricos con los que inició hace 8 años cuando decidió comprárselo a un arrendatario del local de su madre cuando este no quiso continuar; sus clientes son vecinos del sector y transeúntes. Snith además de ser una mujer de negocios goza del reconocimiento de sus clientes, vecinos y amigos quienes suministran buenas referencias personales y familiares y este es el reconocimiento que ha ganado en virtud de sus valores. El credikiva es su es su primer financiamiento con la Fundación Mario Santo Domingo , con el cual comprará productos de aseo personal y en general artículos que rotan muy fácilmente en la droguería.
Snith está muy contenta con su negocio, porque con él genera los principales ingresos familiares, y es la fuente de empleo con la que cuenta para alcanzar el sueño de ver a sus 2 hijos de 11 y 5 años de edad, con mejores oportunidades educativas y laborales, pues son ellos quienes la motivan a salir adelante en la búsqueda de brindarles todas las oportunidades de las que ella sea capaz. Su mayor desafío en la actualidad es conseguir su casa propia y para ello está preparándose para acceder al programa Sueños y Oportunidades liderado por la Fundación Maro Santo Domingo con el cual se postula para lograr su propósito, pero mientras cultiva sus sueños se esmera en su negocio que hoy le genera una utilidad no menor de un 30% .

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
  • 183
    View loans »
    Colombia Loans Fundraising
  • $12,852,400
    Funds lent in using Kiva
  • 1,789.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Snith to buy personal care products and other products that she sells a lot of in her drugstore.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2011
Listed
May 2, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011