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Martha Cecilia
Martha is 40 years old and is a hardworking woman with a family of six children between the ages of 24 and 6. She generates her family income through her drink and grocery business.

When she began her entrepreneurial adventure in San Jacinto, located within the Bolvar province, she began by selling candy on the side, from a stall. She later added beer and soft drinks. Later, to take advantage of her customer demand, added rice, sugar, cooking oil, and coffee.

Her greatest strength is her point of sale, which is well visited, because its location provides a natural gathering for people and this will strengthen its growth. She’s working to achieve this, however her working capital is not sufficient, so she’s asking for her first Kiva loan through “Fundación Mario Santo Domingo,” with which she will buy food, beer, and soft drinks. She will also invest in maintaining her kiosk, giving it a better presentation and providing a more comfortable environment for her customers. This is her main task.
View original language description ↓
Martha de 40 años es una mujer muy trabajadora que conforma su familia con 6 hijos en las edades de 6 a 24 años y genera sus ingresos familiares de su negocio mediante el cual se dedica a la venta de refrescos y bebidas, y productos de la canasta familiar. Cuando se inició en su aventura emprendedora, en San Jacinto, municipio donde aun vive en el departamento de Bolivar, lo hizo vendiendo dulcería en una chaza, o punto comercial informal, al cual fue agregando, cervezas, gaseosas y posteriormente aprovechando su clientela doméstica le fue adicionando arroz, azúcar, aceite, y café. Su mayor fortaleza es el punto de venta, que muy concurrido pues su ubicación posee una afluencia natural de público y esto potencializa su crecimiento; en ello está trabajando para lograrlo, sin embargo su capital de trabajo le resulta insuficiente para lograrlo, 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, cerveza y gaseosas, además de invertir en el acondicionamiento de su kiosco y darle una mejor presentación y ambiente confortable en función de sus clientes , principal objetivo de su quehacer..

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
  • 359
    View loans »
    Colombia Loans Fundraising
  • $14,083,800
    Funds lent in using Kiva
  • 1,951.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Martha Cecilia to buy inventory and maintain her kiosk.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2011
Listed
Dec 1, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012