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Francia Elena
Francia, 56, lives in San Jacinto, a town in Bolívar Department where there is an extensive crafts tradition. There, following her town’s culture, she makes backpacks, hammocks and bedspreads and sells assorted general merchandise, an activity she’s been doing for many years now. When she started out, she thought of making crafts to sell among neighbors and friends in a very domestic market. Later on she started to sell clothes, perfumes and gold and silver jewelry. Her main customers are located in the city of Cartagena where people who are very dear to her work and help her recuperate her portfolio. She also has customers in San Jacinto, buyers like teachers and independent employees, that she offers her wares to on easy payment plans.

To date, Francia has been affiliated with Fundación Mario Santo Domingo for two years. Since she joined this organization changes in her productive life have been significant and she now generates more income for herself and for her family. Her daily challenge is gaining new customers so that the business will grow and this is why she’s calling on a Kiva loan to buy silver jewelry and crafts to add to the ones she already sells, an investment that will be successful because she knows her market well; the Christmas festivities are approaching and she’s already earmarking her investment in securing orders from her best customers.
View original language description ↓
Francia de 56 años de edad, vive en San Jacinto, municipio del departamento de Bolívar, donde existe una gran vocación artesanal. Allí, siguiendo la cultura de su pueblo, se dedica a la elaboración de mochilas, hamacas y cubre lechos y a la venta de mercancía variada en general, actividad en la que trabaja desde hace muchos años. Cuando comenzó con su emprendimiento, pensó en hacer manualidades y venderla entre vecinos amigos en un mercado muy doméstico; posteriormente se dedicó a las ventas de prendas de vestir, perfumería y prendas de oro y plata. Sus principales clientes están ubicados en las ciudad de Cartagena, lugar donde trabajan personas muy cercanas a ella, que le ayudan en la recuperación de su cartera y también tiene en San Jacinto, compradores como los profesores y trabajadores independientes, a quienes les ofrece sus productos, para pagarlo en plazos convenidos. En la actualidad Francia está vinculada a la Fundación Mario Santo Domingo desde hace 2 años; Desde que ingresó a esta organización los cambios en su vida productiva, han sido notorios, logrando genera más ingresos para sí misma y para su familia. Su desafío diario es lograr vincular nuevos clientes, para que su negocio crezca, y esta es la razón por la cual acude a su credikiva, con el cual comprará Platería y artesanías para adicionarla a las que ya vende, inversión que sería exitosa pues conoce bien su mercado, se acercan las fiestas navideñas y está enmarcando su inversión en pedidos de sus mejores clientes.

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
  • 466
    View loans »
    Colombia Loans Fundraising
  • $15,266,825
    Funds lent in using Kiva
  • 1,915.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Francia Elena to buy silver jewelry and crafts.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 4, 2011
Listed
Nov 19, 2011
Currency Exchange Loss:
Covered
Ended:
May 17, 2013