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Olga Leonor
Olga is 22 years old and the mother of a 13 month old son. She has a business where she provides photocopy services, printing, transcriptions, and laminations. It’s located in her home. Her entrepreneurial idea came to her when she received her severance from the company she used to work for. She began with a single photocopier, and gradually added more of these and other equipment that she bought on credit and was able to pay off with the profits from her business.

Her dream to grow is always present and for this reason she is asking for a Kiva loan. She wants to invest during a season where there is lots of business, like year’s end, because of Christmas and new year.

She will use the money from this Kiva loan, her first one through Fundación Mario Santo Domingo, to buy computers to add internet service, which is often requested. She wants to enter a younger market and in this way make her investment a success.
View original language description ↓
Olga de 22 años y madre de un niño de 13 meses es la propietaria de un negocio donde ofrece el servicio de fotocopiaje, impresiones, transcripciones y laminación ubicado en el lugar donde habita. Su idea emprendedora nació después de recibir su liquidación de la empresa de donde ella era empleada y tradujo está en la inversión de su fotocopiadora y gradualmente agregó más de estas y equipos que compró a crédito y que con las utilidades producidas por su negocio logró terminar de pagar. Su sueño de crecimiento está siempre latente y esta es la razón por la cual acude a su credikiva, pues quiere invertir en una época en la que se augura un alto movimiento comercial., como lo es el final del año, debido a las fiestas navideñas y de cierre del año. Con su credikiva, primer financiamiento que recibe de la fundación Mario Santo Domingo comprará 2 computadores para adicionar el servicio de internet que es muy solicitado y ella desea integrar a un mercado joven que lo amerita y con ello hacer del esta inversión todo un éxito.

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
  • 148
    View loans »
    Colombia Loans Fundraising
  • $12,811,350
    Funds lent in using Kiva
  • 1,940.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Olga Leonor to buy computers to add internet service to her photocopy business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2011
Listed
Dec 6, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2013