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Jovita
Jovita is 55 years old and lives in the city of Cartagena where she has a business and provides cellular phone services. She makes the most of her business premises by selling a variety of merchandise, such as women's accessories, household wares and cosmetics.

Jovita started her business 17 years ago, initially selling merchandise to a few customers from her house. The business grew gradually, and gave her the opportunity to repair her home and prepare the premises from which she operates today. Jovita's greatest satisfaction with her business is that the income it has generated has enabled her to sponsor her children's professional education. Also, it introduced her to Fundación Mario Santo Domingo 17 years ago. Since then, Jovita has received 25 loans through this institution. Through her wise investments and a lot of discipline these loans facilitated many of Jovita's successes, including the education of her children and improving her home. Her future goal is to turn her business into a stylish internet cafe, where her customers will be comfortable and able to purchase the items they need.

With her Kiva loan Jovita will purchase three display cases which will enable her to organize and display her goods in a more orderly manner, thus making more of an impact on her customers and encouraging them to view and buy what is offered. Jovita manages a portfolio of profitable buyers with whom she has agreed payment plans. She also sells her goods for cash, through offering great deals for purchases of larger volumes and in cash.
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Jovita de 55 años vive en la ciudad de Cartagena donde tiene un negocio y ofrece servicios de telefonía celular, aprovechando su punto comercial para vender mercancía variada, como accesorios femeninos, artículos para el hogar y cosméticos. Este negocio lo inició Jovita hace 17 años cuando con un mercado doméstico vendía mercancía encargada por unos pocos clientes, gradualmente su crecimiento, le dio la oportunidad de hacer reparaciones a su vivienda y adecuar el local en el que hoy funciona en su SAI-Miscelanea. Su gran satisfacción es que con los ingresos generados por su negocio, logró apoyar la educación profesional de sus hijos y vincularse a la Fundación Mario Santo Domingo hace 17 años, organización con la que lleva 25 créditos, que bien invertidos y con mucha disciplina ha facilitado muchos de sus éxitos, como la educación de sus hijos y el mejoramiento de su vivienda. Su meta más adelante, es convertir su negocio en un café internet con mucha elegancia, donde sus clientes encuentren un ambiente confortable y puedan comprar los artículos que necesitan. Con su credikiva comprará tres vitrinas, para lograr un mayor orden en la distribución y exhibición de sus mercancías, favoreciendo así, que su cliente, visualice, se impacte y compre lo ofrecido por Jovita, quien maneja una cartera de rentables compradores, con quienes pacta sus planes de pago y también vende de contado mediante excelentes ofertas que consigue por sus compras en mayor volumen y de contado.

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
  • 480
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,772.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Jovita to buy three display cases, so she can organize and exhibit her goods in a more orderly fashion.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2011
Listed
Aug 6, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012