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Marcelina
Marcelina is 44 years old and lives in the town of Soledad with her five children who range in age from 23 to 3 years old. She has a store there named "Tienda donde Diove", which she started at the recommendation of her aunt. Marcelina invested her settlement in an independent activity that would produce income that would support her household. This was how she launched her new adventure, which has allowed her to get ahead as a female head of household. Marcelina identifies herself as a female fighter and she never gives up when faced with life's adversities. This is her motivation to continue, so that every day she is even braver.

Her biggest dream and challenge is to have a supermarket where housewives and her customers in general will find everything very close to where they live, without having to travel. With her growing customer base, her working capital is not sufficient to meet her goals of growth, so that is why she is asking for this Kiva loan. It is her first loan with the Fundación Mario Santo Domingo. With this loan, she will purchase supplies at wholesale to continue receiving discounts for buying in bulk and paying in cash. While Marcelina works hard, she generates a profit margin not less than 38%, which potentially allows her to continue growing and investing capital in her business, a product of loans.
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Marcelina de 44 años vive en el municipio de soledad con sus 5 hijos en las edades de 3 a 23 años. Allí tiene su negocio llamado “Tienda donde Diove”, el cual nació de la recomendación que su tía hiciere, para que con una liquidación Marcelina la invirtiera en una actividad independiente que le produjera ingresos para el buen desempeño de su hogar. Así fue como se lanzó a su nueva aventura, con la cual ha salido adelante como madre cabeza de familia. Marcelina se identifica como una mujer batalladora, y que nunca se da por vencida ante las adversidades de la vida, y esta es la frase motor que la impulsa a continuar y a que cada día sea aún más valiente. Su mayor sueño y desafío es tener un autoservicio, donde las amas de casa y su clientela en general, encuentren todo muy cerca al lugar donde viven, sin tener que transportarse. Con su creciente clientela, su capital de trabajo le resulta insuficiente para lograr sus metas de crecimiento y esta es la razón por la cual acude a su credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará víveres al por mayor para continuar obteniendo descuentos por las compras en volumen y sobre todo de contado. Mientras Marcelina se esfuerza trabajando, genera un margen de utilidad, no menor del 38%, lo que le permite potencialmente seguir creciendo al inyectarle capital de trabajo a su negocio, producto de créditos.

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
  • 192
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 1,778.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Marcelina to purchase supplies at wholesale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2011
Listed
Aug 27, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012