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Jenny
Jenny, 55 years old, is an enterprising woman who has 4 children, aged between 22 to 35, and lives in the city of Barranquilla. She has had a store here since 1982. She had no source of income and decided to begin her enterprising adventure with a little capital, renting a space where she installed a kiosk. It still exists and at present she sells soft drinks and artisan crafts.

During the local fairs Jenny exhibits her products and has to look for an assistant because sales increase and she can't attend to all the business. Her largest sales occur during June and July, and between December and carnival, when many people buy back packs and attire to add to their costumes.

Jenny is a very responsible with her obligations and she is notably punctual in her payments. Her children are all professionals and this has been achieved with her help and the discipline required by their studies. Her principal customers are passers-by and she uses suppliers in Cucuta in the north of Santander, where her children live and can help.

Through her work, Jenny has acquired her home and a stall which she rents in the popular gallery of the city of Valledupar. This 'credikiva' will be her 5th loan received through the Fundacion Mario Santo Domingo. Jenny will buy artisan crafts, and general merchandise to restock her kiosk, because the era when her sales pick up is very near and she needs to be prepared if she is to continue successfully responding to her decision to make her business grow.
View original language description ↓
Jenny de 55 años es una mujer emprendedora que tiene 4 hijos en las edades de 22 a 35 años, y vive en la ciudad de Barranquilla, donde tiene un negocio iniciado en el año 1982, cuando no tenía ninguna fuente de ingresos y decidió emprender su aventura empresarial con un pequeño capital, arrendando un local donde instaló un kiosco que aún existe y en el que en la actualidad vende refrescos y también ofrece artesanías. Durante las ferias exhibe sus productos y busca un ayudante porque sus ventas se incrementan y no puede atenderlas sola. Sus mayores ventas ocurren en los meses de Junio y Julio y desde Diciembre hasta las épocas de carnavales que mucha gente compra mochilas y atuendos que adicionan a sus disfraces. Ella es una persona muy responsable con sus obligaciones y se destaca por ser muy puntual en el pago de las mismas; sus hijos son todos profesionales y esto lo han logrado con su apoyo y la gran disciplina de estudios que profesan. Sus principales clientes son transeúntes y maneja compradores en la ciudad de Cúcuta, en Norte de Santander, porque allí viven sus hijos y le apoyan. Con su trabajo ha logrado adquirir su vivienda y un local en una galería popular en la ciudad de Valledupar que se encuentra en calidad de arriendo. Su credikiva es el quinto financiamiento que recibe de la Fundación Mario Santo Domingo con el cual comprará artesanías y mercancías en general, para surtir el Kiosco, porque está muy cerca la época en que repuntan sus ventas y necesita estar bien preparada, para continuar respondiendo exitosamente a su decisión de hacer crecer su negocio.

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
  • 137
    View loans »
    Colombia Loans Fundraising
  • $12,811,350
    Funds lent in using Kiva
  • 1,793.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Jenny buy artisan crafts and general merchandise to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2011
Listed
Jun 22, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012