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Idalides
Idalides, 48 years old, lives in the Macroproyecto part of the Ciudad Bicentenario development, which is administered by Kiva partner Fundación Mario Santo Domingo, which builds sustainable communities in the city of Cartagena de Indias. There, she has a business called Tienda Aqui Me Quedo (the I'm Staying Here Store) that sells snack food, groceries, drinks, and other general items. Her entrepreneurial idea started with the help of her husband and daughter; he was unemployed and their daughter helped provide start-up capital. Through their disciplined and persistent work, they have grown the business gradually until they were able to turn it into an income stream that covers the family's daily living expenses. Their main challenge is having insufficient working capital to make cash purchases and take advantage of discounts that would increase their margins. This is why they have turned to Kiva for a loan. This first loan through Kiva partner Fundación Mario Santo Domingo will be used to purchase groceries in volume as well as other miscellaneous items for their store, such as paperclips, stationary, etc. Their greatest goal is to have a freezer for storing meat products so they will be able to respond more quickly to a growing number of neighbors' daily needs.
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Idalides de 48 años de edad vive en el Macroproyecto de vivienda Ciudad Bicentenario, gestionado por la Fundación Mario Santo Domingo en sus procesos de construcciòn de comunidades sostenibles en la ciudad de Cartagena de Indias. Alli tiene un negocio llamado “Tienda Aquí me quedo” que vende ranchos, viveres, refrescos y articulos de la canasta familiar en general. Su idea emprendedora surgió en compañía de su esposo y de su hija cuando él quedó desempleado y su hija lo ayudó con un capita inicial; con su trabajo disciplinado y persistente han logrado que crèzca gradualmente hasta convertirlo en la fuente de ingresos con los que su familia cubre sus necesidades diarias. Su mayor desafio es el capital de trabajo insuficiente para lograr hacer una compra de contado y obtener descuentos que incrementarian sus utilidades, esta es la razòn por la cual recurren a su credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo con el cual comprará viveres en volumen y adicionará otras mercancias a su tienda tipo miscelanea, como ganchos, papeleria, etc. Su meta mas adelante es tener un congelador donde conservar los productos cárnicos, para cuando aumente el número de vecinos responderle rapidamente a sus requerimientos diarios.

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
  • 167
    View loans »
    Colombia Loans Fundraising
  • $12,834,025
    Funds lent in using Kiva
  • 1,785.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Idalides to purchase groceries in volume as well as accessories and stationary.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2011
Listed
Jun 21, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012