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Maria Auxiliadora
Maria is a 49-year old woman who is highly enterprising and she lives in La Playa, very close to the ocean, together with her common-law partner and their two children, aged 6, and 17. She sells prepared foods, soft drinks, and alcoholic drinks. She also offers her clientele other products such as shoes and clothing. Her business experience started in 1992 with the sale of lunch foods in the municipality of Salgar, on the ocean's coast, and some other merchandise. Later she moved to La Playa, where she still lives today with her common-law partner, and she relocated her business to this location. There she has managed to strengthen it and she is so keen that all of her efforts are invested towards its development. But she needs working capital to achieve her goal. Her clients seek her out for the delicious recipes she uses in preparing her foods. Her husband helps her with the business and she has an employee who helps in the kitchen. Her primary clients are the fare collectors and bus drivers and the many passers-by that travel to this community with many businesses. Her Kiva loan is the first loan which she accesses through Fundacion Mario Santo Domingo (Kiva Field Partner). With it she will purchase been in larger quantities and ingredients to prepare her lunch foods. She will also invest in merchandise requested by her clients, such as shoes and hand bags. Her greatest dreams are to provide her children with a quality education, to make improvement to her home, and to improve the wellbeing of her family. While this happens, Maria strives to achieve her goal by working persistently to earn a profit of no less than 44.8%. She plans to gradually increase it by acquiring capital funds, such as the one granted by Fundacion Santo Domingo (Kiva Field Partner).
View original language description ↓
Maria es una mujer de 49 años muy emprendedora que vive en la Playa muy cerca al mar , con su cónyuge y sus dos hijos en las edades de 6 y 17 años . Ella se dedica a la venta de comidas, refrescos y bebidas, además aprovecha su clientela para ofrecer otros productos como calzado y ropa. Su experiencia de negocio la inició en el año 1992 vendiendo almuerzos en el municipio de Salgar frente al mar y también algunas mercancías en pequeñas cantidades, posteriormente como se mudó a la Playa donde ahora vive con su cónyuge y debió trasladar su negocio a este sitio, allí ha logrado fortalecerlo y está tan entusiasmada que hace todos sus esfuerzos por hacerlo crecer, pero necesita un capital de trabajo adicional para lograrlo. Sus clientes la buscan porque maneja una buena sazón en la preparación de sus comidas, En su negocio la ayuda su esposo y tiene una empleada que la ayuda en la cocina. Sus principales clientes son los cobradores, conductores de buses, y mucha gente que pasa por ese lugar y tienen negocios con la comunidad. Su credikiva es el primer financiamiento que hace a la Fundación Mario Santo Domingo con el cual comprará cervezas en mayor volumen e insumos para la preparación de sus almuerzos, asi como también invertirá en mercancías solicitadas por sus clientes como calzado y bolsos. Su mayor sueño es lograr una educación de calidad para sus hijos, hacer adecuaciones a su vivienda y aumentar su bienestar familiar. Mientras esto ocurre, Maria se esmera para lograrlo trabajando persistentemente con una rentabilidad no menor del 44, 8% que planea aumentar gradualmente con el apoyo de capital de trabajo como el que le hace la Fundación Mario Santo Domingo.

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
  • 277
    View loans »
    Colombia Loans Fundraising
  • $13,610,900
    Funds lent in using Kiva
  • 1,781.8
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Maria Auxiliadora to purchase beer in larger quantities and ingredients to prepare foods.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2011
Listed
Jul 4, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012