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Maudelina Mercedes
Maudelina, age 33, lives in the city of Cartagena with her husband and their two children, ages 3 and 11. Maudelina started out selling ”bolis” (frozen juice snacks) and trays of ice cubes. She also sold sweets, and in this first attempt her business grew. She has currently added soft drinks, cold drinks, and she plans on adding liquor; which leaves a better contribution margin.

Her goal is to become a distributor of these products in order to sell to other businesses in her community. However, her greatest challenge is insufficient working capital. That is the reason she requests a Kiva loan. She will use the loan to buy beer and soft drinks by the case. She will also buy liquor in greater volume.

With her new loan Maudelina plans to be successful because she will have a well-stocked business. The merchandise will turn over rapidly, which means a rapid increase in her working capital.

The dream she longs for the most is for her children to be successful. That is why she and her husband put forth effort while working every day to clear their way.
View original language description ↓
Maudelina de 33 años vive en la ciudad de Cartagena con su esposo y sus dos hijos en las edades de 3 y 11 años. Meudelina inició vendiendo bolis y cubetas de hielo, además de dulces y con este primer ensayo su negocio creció y en la actualidad agregó refrescos, bebidas frías y planea adicionar licores los cuales le dejan un margen de contribución superior. Su meta es convertirse en una distribuidora de estos productos para venderle a otros negocios ubicados en su comunidad objeto, pero su gran desafío es su insuficiente capital de trabajo, y esta es la razón por la cual acude a su credikiva, con el cual comprará cervezas y gaseosas por cajas, así como también agregará licores en mayor volumen. Con su nuevo financiamiento maudelina planea tener éxito en la medida en que tendrá surtido su negocio y la mercancia rotará rapidamente lo cual implica el aumento rápido de su capital de trabajo. Su sueño mas anehelado es que sus hijos logren ser exitosos por eso ella y su cónyuge trabajan esforzandose diariamente para lograr abornar su camino.

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
  • 279
    View loans »
    Colombia Loans Fundraising
  • $13,618,075
    Funds lent in using Kiva
  • 1,814.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Maudelina Mercedes to buy beer and soft drinks by the case, and to also buy liquor in greater volume.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2011
Listed
Aug 16, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013