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Reina Luisa
We went to Reina's house where she attended to us very smilingly, because she already had sold all her fish, cheese, and "bollos" (corn cakes with cheese, anise, or other ingredients) very early, so her customers could eat breakfast.

Her life always has been moved by business. Fifteen years ago when she married her husband, he gave her her first capital so she could start making and selling bollos along with her already well-known "hallacas" (cornmeal, meat, and vegetables in banana leaves), specially prepared in the Christmas season between neighbors and friends, and later expanded into a larger market.

Her husband has always worked selling fish, so she also added this product as well as the cheese that she got from distributors at a good price.

Her dream is to have her own house. This is why she works so hard every day, to one day achieve that and to give her 12-year-old son a better future.

Currently she is requesting her first Kiva loan, which is also the first loan she has requested from Fundación Mario Santo Domingo. With the loan she will pay in cash for greater quantities of fish and cheese, products that are at their peak season. Her investment will be successful because she takes orders and takes advantage of the opportunity to pay cash and earn important discounts, which generate a bit more profit for her.
View original language description ↓
Fuimos a casa de Reina y nos atendió muy sonriente, porque ya había vendido todos sus pescado, queso y bollo (Amasijos de maíz con queso, o anís y otros ingredientes) bien temprano, para que sus clientes se desayunaran. Su vida siempre se ha movida en el comercio, pues desde hace 15 años, cuando se unió a su cónyuge, este le dio el primer capital para que iniciara con la fabricación y venta de bollos y con sus ya conocidos pasteles y/o hayacas, especialmente preparados en las épocas navideñas entre vecinos y amigos y posteriormente extendida en un mercado mayor. Su cónyuge siempre se ha dedicado a la venta de pescado y por eso ella también adicionó este producto y así mismo, el queso que consiguió con distribuidores a un buen precio. Su sueño es tener una casa propia y por eso trabaja diariamente con mucho esfuerzo, para algún día lograrlo y ofrecerle un futuro mejor a su hijo de 12 años de edad. En la actualidad está solicitando su primer credikiva, también primer crédito que hace a la Fundación Mario Santo Domingo, con el comprará en mayor volumen y de contado, pescado y queso que son los productos de más auge en esta época. Su inversión será exitosa porque la hace sobre pedidos y aprovecha la oportunidad de comprar de contado y ganar descuentos importantes, que le generen un poco más de utilidad.

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
  • 471
    View loans »
    Colombia Loans Fundraising
  • $15,266,875
    Funds lent in using Kiva
  • 1,885.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Reina Luisa to buy greater quantities of fish and cheese with cash.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2011
Listed
Oct 18, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012