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Marly
Marly began her business, with very little capital and always with the aid of her spouse. Upon arriving in the department of Atlantico, they sought opportunities to augment their income, and the two began their commercial activity, starting a business selling merchandise on short-term credit, to be able to recover their investment rapidly. They bought a bunch of thermoses and began selling coffee through 3 mobile venders, and for which they bought the necessary equipment.

They have expanded their business to include selling a variety of traditional fried snacks, taking advantage of their location in front of one of the city's principle hospitals. Their customers are medical personnel, including paramedics, often accompanied by patients, who come to drink Marly's delicious coffee.

This is their first request through the Fundacion Mario Santo Domingo for a loan. It will be used to buy primary materials such as corn, sugar, yuca, plantains, and coffee in larger volume, since they plan to expand to new zones to sell their products.

Marly and her husband work furiously every day, hoping to advance their family and, above all, to offer better educational opportunities to their children who are aged 7 and 8.
View original language description ↓
Cuando Marly inició su negocio, lo hizo con un capital muy pequeño y apoyada siempre por su cónyuge; por eso al llegar al departamento del Atlántico, buscando oportunidades de aumentar sus ingresos, emprendieron los dos, su actividad comercial e iniciaron el negocio de vender mercancías a crédito en plazos cortos, para poder recuperar su inversión rápidamente y compraron un grupo de termos para dedicarse a la venta de café, actividad que realizan a través de tres vendedores ambulantes y para la que compraron una greca industrial. A su negocio le adicionaron también la venta de productos fritos como empanadas, arepas, carimañolas, aprovechando que se encuentran ubicados frente a uno de los hospitales principales en el municipio; sus clientes son el personal médico y paramédico y también acompañantes de los pacientes, quienes acuden a ellos para consumir el delicioso café, preparado por Marly. Este es el primer financiamiento que hace a la Fundación Mario Santo Domingo, con el comprará materia prima como maíz azúcar, yuca, plátano y café en mayor volumen, porque planea agregar nuevas zonas de ventas de sus productos. Mary y su esposo trabajan fuertemente todos los días, con tal de sacar adelante su familia y sobre todo para brindarles oportunidades educativas a sus hijos que están en las edades de 7 y 8 años.

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
  • 487
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,825.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Marly to buy primary goods such as corn, sugar, yuca, plantains, and coffee in greater volume.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2011
Listed
Jun 4, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012