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Maria Isabel
Maria, 42, lives in Malambo with her three children who range in age from 7 to 20. She is a native of Tolima, a "departamento" in western Colombia. She moved from her home there to the city of Barranquilla in 1997 and started her first business, a store, that she operated in Barranquilla to 2002 when she moved the business to Malambo. She sells everyday products including soft drinks, dairy products, cold cuts, etc. She has borrowed from Fundacion Mario Santo Domingo 12 times before and the loans have allowed her to grow the business and build a house. She has used the loans to stock her business, buy equipment and fittings, and pay for a business license. Maria is very disciplined. She has an excellent reputation for managing her finances and no effort is too much for her when it comes to providing for her family. She built a house and now she's turning her attention to preparing her three childrent for professional careers. She is applying for her first Kiva loan and she will use the funds from the loan to invest in her son's education, an education that he needs to support his plans for a successful professional career. Maria's challenge is to succeed day in and day out to ensure the wellbeing of her family, a special challenge for a female head-of-household. The business has allowed her to meet that challenge.
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Maria de 42 años edad, vive en el municipio de Malambo con sus tres hijos en las edades de 7 a 20 años, es procedente del Tolima, departamento en el centro-occidente del país, lugar donde tenía un hogar de bienestar en el año 1997 y llegó a la ciudad de Barranquilla, donde emprendió su primera aventura de negocio: una tienda, en la que trabajó trabajó hasta el año 2002, cuando se mudó al municipio de Malambo y la trasladó a esta población; en la actualidad vende ranchos, víveres, refrescos, bebidas, enlatados, embutidos, lácteos y ha logrado acceder a 12 financiamiento de la Fundación Mario Santo Domingo, con los cuales ha incrementado su capital de trabajo, ha mejorado la organización de su negocio y las condiciones habitacionales, con sus financiamientos en esta organización, ha logrado surtir su negocio, adquirir equipos y enseres, obtener su registro mercantil . Y es que Maria es muy disciplinada, tiene una excelente reputación financiera y no ha escatimado esfuerzos para lograr el bienestar de su familia; por eso logró construir su vivienda y ahora tiene el propósito de educar profesionalmente a sus tres hijos y está aplicando a su primer credikiva, el cual invertirá en la educación de su hijo para apoyarlo en su meta de ser un profesional exitoso. Su desafío es lograr todos los días, aumentar el bienestar de su familia, pues en condiciones de mujer cabeza de hogar y con sus esfuerzos en el negocio, han salido adelante.

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
  • 495
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,785.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Maria Isabel to pay university fees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2011
Listed
Sep 4, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012