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Angela Maria
Ángela is 54 years old. She is the owner of a business selling meals and soft drinks. Her business is located in a space in the living room and terrace area of her home, which is in Montes neighborhood, in the city of Barranquilla. She lives there together with her husband and two children aged 4 and 11. She dreams that her children will become successful professionals in the future and this is her biggest motivation.

Ángela started her business more than seven years ago when she decided to support her husband in managing their household. Since then, through her discipline, she has grown her business and now has regular customers who work in companies near her home. They are always referring new customers to her.

In her business, Ángela mainly sells lunches and soft drinks. She would like to grow her business and turn it into a restaurant. This is why she is applying for a Kiva loan (her first loan through Fundación Mario Santo Domingo). She will use it to buy a larger volume of supplies for making the snacks that she would like to add to her product offerings (and she will pay for these supplies in cash). Her goal for the future is to own her own business premises and thereby separate her business space from her family space so that she can live more peacefully.
View original language description ↓
Ángela de 54 años de edad, es la propietaria de un negocio donde vende comidas y refrescos en el barrio Montes de la ciudad de Barranquilla, en un espacio ubicado en la sala y en la terraza de su vivienda, donde vive con su cónyuge y dos hijos en las edades de 4 y 11 años, con los que sueña que en un futuro se conviertan en unos profesionales exitosos y esta es justamente su mayor motivación. Ángela inició su negocio desde hace más de 7 años, cuando decidió apoyar también la gestión de su esposo en el hogar y desde ese momento con su disciplina, ha crecido hasta lograr una clientela fija que trabaja en empresas de los alrededores a su vivienda y permanentemente le refieren nuevos compradores. En su negocio vende almuerzos principalmente y refrescos y ella quiere hacerlo crecer hasta convertirlo en un restaurante. Esta es la razón por la cual acude a su Credikiva que es su primer financiamiento con la Fundación Mario Santo Domingo, con el cual comprará de contado y en mayor volumen materias primas para la preparación de refrigerios que también agregará a su oferta. Su meta más adelante es tener un local propio y separar el espacio productivo del familiar para lograr un mayor sosiego.

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
  • 492
    View loans »
    Colombia Loans Fundraising
  • $15,250,425
    Funds lent in using Kiva
  • 1,787.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Angela Maria to buy a larger volume of supplies for making the snacks that she will add to her existing product offerings (and pay for them in cash).
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2011
Listed
Jun 28, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012