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Emelide Maria
Emelide sells lunches, specifically soups and basic fast food that is very well prepared. Her main customers are her neighbors and the workers who daily go by her business, which is located in her own house. Customs have changed and many people no longer cook in their home, but rather they buy small portions of the delicious stews that Emelide prepares. This is the source of lunch for many families because it is economical, and so this business is a "win-win" situation for Emelide and her customers. Emelide sells daily on a cash basis, and she also buys her ingredients each day for her daily sales. With her business she has managed to generate an important income to help support her household, which is comprised of her husband and their two children aged 30 and 37. Her Kiva loan is the 3rd loan that she has taken from the Fundación Mario Santo Domingo, and she will use the loan to buy supplies at wholesale to make her food, and to buy cooking utensils. This way she will offer better service to her customers and will improve her system of purchasing, as she will get better prices by buying in bulk. With her previous loans, she increased her working capital a bit and increased her income. Her goal for the future is to fix up her home to provide more comfortable living conditions. While Emelide works to achieve her dream, her business generates profit no less than 20%, which she plans to increase as her customer base continues to grow.
View original language description ↓
Emelide vende almuerzos especialmente sopas y comidas corrientes básicas muy bien preparadas, a sus principales clientes que son los vecinos y peatones que diariamente circulan por su negocio ubicado en su propia casa. Las costumbres han cambiado y muchas personas no cocinan en su hogar, sino que compran los deliciosos sancochos que prepara Emelide, los cuales en pequeñas porciones, pasan a ser los almuerzos de muchas familias, por lo económicos que son y esto es un buen negocio de “yo gano tus ganas” para Emelide y su clientela. Emelide vende de contado diariamente y compra también diariamente para la venta del día a día. Con su negocio ha logrado ingresos importantes para apoyar la gestión de su hogar conformado con su cónyuge y tiene dos hijos en las edades de 30 y 37 años. Su credikiva es el tercer financiamiento que hace a la Fundación Mario Santo Domingo con el cual comprará insumos al por mayor, para la preparación de sus alimentos y utensilios de cocina, con los cuales ofrecerá un mejor servicio a sus clientes y mejorará el sistema de compras, accediendo a mejores precios por volúmenes; con sus créditos anteriores, se incrementó ligeramente su capital de trabajo y aumentaron sus ingresos. Su meta más adelante es adecuar su vivienda en condiciones favorables para vivir más cómodamente. Mientras Emelide trabaja para conseguir su sueño genera en su negocio una utilidad no menor del 20% que planea aumentar, en la medida en que su clientela continúe creciendo.

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
  • 268
    View loans »
    Colombia Loans Fundraising
  • $13,600,025
    Funds lent in using Kiva
  • 1,760.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Emelide Maria to buy supplies at wholesale to make her meals, and to buy cooking utensils.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012