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Luz
Luz is 59 years old and has two children, who are 22 and 40 years old. She has lived in the city of Barranquilla since 1980, when she arrived from Quindío, the department where she was born. She began working for the owner of a kiosk, a job where she got most of her experience, which she later used to begin her own business. When the kiosk owner left and she rented the business, she began to work on her own. However, 7 months later the owner asked Luz to hand it back over to him. This is how she found herself needing to start in another location. She opened a kiosk with the support of the soft drink companies. From that moment on, things went well for her because these companies helped her with infrastructure and merchandise. However, a little while later, she had to move her kiosk a few meters in the same area because someone built a wall and started a business there. This worked out well for her because the employees there are her main customers of soft drinks, fried foods, cigarettes, and the other foods that she sells.

Luz is a very hardworking and persistent woman. She lives in a neighborhood in the south of Barranquilla and she gets up very early to commute every day to the north of the city to tend to her business. In addition to the employees of the business that is located so close to her kiosk, she has many customers in the neighborhood because she is located right in an industrial area. This has helped with the sustainability of her business and it has allowed her to support her family, though now her children work independently and contribute to the household expenses. Her dream is to have a quiet time in her old age, enjoying her work.

Luz is applying for her first loan with Fundación Mario Santo Domingo, which she will use to improve her kiosk and to buy ingredients so she can add a lunch service. She has potential customers for this because of the characteristics of the area and also because she is well known for the foods that she sells to her customers at mid-morning.
View original language description ↓
Luz de 59 años y con dos hijos en las edades de 22 y 40 años, vive en la ciudad de Barranquilla, desde el año de 1980, cuando llegó procedente de su natal departamento de Quindío y empezó a trabajar con el propietario de un kiosco, tarea de donde extrajo su mayor experiencia, que posteriormente la llevó a crear su propio negocio; una vez el propietario se fue y lo dejó en calidad de arrendamiento el negocio, ella empezó a trabajar sola, pero 7 meses después su propietario le pidió a Luz que lo entregara; así fue como se vio en la necesidad de emprender en otro punto, un negocio y ubicó un kiosco con el apoyo de las empresas de refrescos y bebidas; desde ese momento le fue muy bien, porque estas organizaciones la dotaron de infraestructura y mercancías, no obstante a que poco tiempo después, debió moverlo unos metros en ese mismo espacio, porque en ese levantaron muro e iniciaron una empresa, y esto fue para el bien de ella, pues sus empleados son los principales consumidores de refrescos, fritos, cigarrillos y demás alimentos que vende ella. Luz es una mujer muy trabajadora y persistente, vive en un barrio al sur de Barranquilla y desde muy temprano se traslada diariamente al norte de esta ciudad para atender su negocio. Además de los empleados de la empresa ubicada muy cerca de su kiosco, tiene varios clientes en el sector, en empresas porque esta justamente en un sector industrial, lo cual ha facilitado su sostenibilidad en el tiempo y le ha permitido apoyar a sus familia, aunque en la actualidad sus hijos como trabajadores independientes aportan a los gastos del hogar. Su sueño es tener una vejez tranquila, disfrutando de su trabajo. En la actualidad Luz está aplicando a su primer financiamiento con la Fundación Mario Santo Domingo, con el cual adecuará su local y comprará insumos para adicionar el servicio de almuerzos, que tiene un buen potencial de consumidores, por las características del sector y además porque es muy conocida por los alimentos que vende para satisfacer a sus clientes todos los dias en las medias mañanas.
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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
  • 232
    View loans »
    Colombia Loans Fundraising
  • $12,881,350
    Funds lent in using Kiva
  • 1,793.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Luz to buy ingredients for preparing lunches so she can add lunch service.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2011
Listed
Jun 20, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012