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Isabel
Isabel is a 42-year old woman who lives with her partner and their 5-year old son. Last year she felt motivated to help her husband with the household finances and she had a personal need to feel useful for her family. So she decided to start selling cheese with her husband in a community where they used to live. They have many acquaintances, friends, and family there who supported their initiative and continue to do so to date. They are their primary market and they have also acquired as clients the employees of the company where he works and other referred clients who now know about the quality of their products. When built her business she decided to let her creativity run free and she began selling cheese fingers packaged in small bundles. She took advantage of the fact that the primary product is cheese and it is a product that she buys in larger quantities. This is another business that earns a second source of income and it has done very well. She also sells complimentary products that she prepares, such as frozen fruit snacks. She prepares them with natural fruits from the region, such as soursop, mango, coconut, and even chocolate. Her greatest dream is to give her business a better infrastructure and to be able to support the person and professional development of her family. As she works towards her goals she works with a contribution margin of 61.29%. She is very eager to increase her working capital to expand her products. This is exactly the reason why she requests a Kiva loan, a first time loan through Fundacion Mario Santo Domingo (Kiva Field Partner). With it she will purchase kitchen implements such as a galvanized steel table, a heated display, and a pizza oven. She will be able to profit from her husband's technical knowledge with respect to the preparation of these products. She plans to have an affect on the community especially because there is not much competition in their neighborhood and surrounding areas. Her goal is to generate more income.
View original language description ↓
Isabel es una mujer de 42 años, que vive con su cónyuge y su hijo de 5 años de edad y desde hace 1 año, impulsada con apoyar a su esposo en la gestión de su hogar y su necesidad personal de sentirse útil a su familia, decidió en compañía de su esposo vender queso en el barrio donde antes vivía, pues allí tenía muchos conocidos amigos y familiares que apoyarían su iniciativa, como hasta la presente ha ocurrido, pues ellos en la actualidad son su principal mercado y también ha agregado empleados de la empresa donde trabaja su esposo y muchos referidos, que ahora conocen la calidad de sus producto. Cuando construyó este mercado, decidió darle rienda suelta a su creatividad e incursionó en la venta de deditos de queso, empacadas en pequeñas bandejas, aprovechando su materia prima que es el queso, producto que ella compra en mayor cantidad , y es otro negocio que le suministra ingresos simultáneos y con el que le ha ido muy bien. Como también con productos complementarios que prepara y vende como los bolis de frutas , productos congelados a base de frutas naturales de la región, como guanábana, mango, coco y hasta chocolate. Su mayor anhelo es que su microempresa tenga una mejor infraestructura y que logre apoyar la sostenibilidad y el crecimiento personal y profesional de su familia. Mientras esto ocurre trabaja en su negocio con un margen de contribución del 61,29% y con muchas ganas de incrementar su capital de trabajo para expandir sus productos. Esta es justamente la razón por la cual acude a su credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará implementos de cocina, como la mesa en lámina galvanizada, una vitrina calentadora, un horno para pizza, pues aprovecharía el conocimiento técnico que tiene su esposo en la preparación de este último productos, que planea impacte a la comunidad pues no hay mucha competencia en el barrio y en sus alrededores, para finalmente generar nuevos ingresos.

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
  • 507
    View loans »
    Colombia Loans Fundraising
  • $15,250,425
    Funds lent in using Kiva
  • 1,762.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Isabel to purchase kitchen implements such as a galvanized steel table, a heated display, and a pizza oven.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2011
Listed
Aug 2, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012