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Lucy
Lucy Estela B. lives in the Villa del Carmen neighborhood, in the town of Soledad, with her husband (who appears in the photo) and their three children, who are between the ages of 6 and 10. She earns a living by selling a variety of merchandise, including cosmetics and clothing. She also has another business selling pork and chicken by the pound, which brings in a good amount of money. Lucy is creative and entrepreneurial and started these businesses to help her husband support the family, which he used to do by himself before she became an independent worker. She started out with just a little money and offers her goods on credit, so she's turning to the Fundación Mario Santo Domingo to ask for a Kiva loan. This is the first financing she's received from this organization, and is hoping to use it to expand her business. She will purchase talcum powder, deodorant, beauty products, pork, and chicken, and sell them this month. Her sales are always up in May because of Mother's Day, as families come together and buy Lucy's products as gifts for their mothers and buy meat in order to celebrate special meals on this wonderful day.
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Lucy estela B., vive en el barrio Villa del Carmen en el municipio de Soledad con su esposo(quien aparece en la fotografia) y sus 3 hijos en las edades de 6 a 10 años; desde allí se dedica a la venta de mercancía variada como cosméticos , ropa etc. Ella también tiene otro negocio de vender carne de cerdo y gallina por libras que le genera ingresos importantes; estas ideas emprendedores nacieron de la imaginación de Lucy, para apoyar la gestión de su esposo en el hogar, pues hasta antes de ella ser trabajadora independiente la asumía él solo; así fue como empezó con poco capital ofreciendo crédito y tiene que esperar recoger sus cartera para poder responderle a su clientela, este es la razón por la cual acude a la Fundación Mario Santo Domingo, para solicitar un credikiva, que es el primer financiamiento que recibe de esta organización, con la cual desea crecer de su mano; Con este dinero comprará, talcos, desodorantes, productos de tocador, carne de cerdo, gallina, para venderla en esta época de Mayo, mes en el cual repuntan sus ventas por qué ocurre la celebración del día des madres, que convoca a la unidad y donde las familias compran a Lucy sus mercancías para obsequiarlas a las madres de sus familias y también compran carne de cerdo y gallina para preparar y compartir comidas especiales para celebrar este maravillosos día.

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
  • 283
    View loans »
    Colombia Loans Fundraising
  • $13,600,025
    Funds lent in using Kiva
  • 1,762.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Lucy to buy pork and chicken, as well as merchandise such as talcum powder, deodorant, and beauty products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2011
Listed
May 10, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012