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Yenis
Yenis is 45 years old and the owner of a business located in the city of Cartagena where she lives with her partner and her two children who are 16 and 22 years old.

Yenis received all of her experience from her partner who started the snack shop. Later when he was ready he started another business and left the snack shop to her to help with the combined wellbeing of the home and increase the family income. On the weekends the business has a lot of commercial activity so her husband helps her on those days. Their dream is to strengthen the business and open two more locations, which would generate jobs.

This is the first loan she has taken out with Fundación Mario Santo Domingo. She will buy tables, plastic chairs and tasty café products as well as raw materials to start a new commercial location. Her biggest strengths are her experience in the market, the support of her family and the location of the business which is well known. Meanwhile, in her store she is running a current ratio of 1.75 and enjoys good profitability which makes her new investment sustainable.
View original language description ↓
Yenis de 45 años es la propietaria de una refresquerìa, ubicada en la ciudad de Cartagena donde vive con su cónyuge y sus dos hijos en las edades de 16 y 22 años. Yenis recibió toda su experiencia de su cónyuge, quien inició la refresquería y posteriormente cuando estuvo listo, creó otro negocio y se lo dejó a ella, para favorecer el bienestar del hogar común incrementando así sus ingresos familiares. Durante los fines de semana el negocio genera un gran movimiento comercial y por eso su esposo la apoya durante estos días, porque tienen el sueño de fortalecerlo de abrir dos puntos de venta más, generando con esto puestos de trabajo. Su credikiva es el primer financiamiento que hace a la Fundación Mario Santo Domingo, con él comprará mesas, sillas plásticas y apetitosos productos de cafetería, así como materias primas, para iniciar con un nuevo punto comercial. Su mayor fortaleza es la experiencia en el mercado, el apoyo de su familia, y el lugar donde se instalarán que es bien conocido, mientras esto ocurre en su Refresquería , maneja una razón corriente de 1,75 y una buena rentabilidad que le permite la sostenibilidad de su nueva inversión.

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
  • 561
    View loans »
    Colombia Loans Fundraising
  • $14,903,600
    Funds lent in using Kiva
  • 1,760.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Yenis to buy tables, plastic chairs and café products as well as raw materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2011
Listed
Jul 18, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012