Check out other loans that are currently fundraising!
Isabel Maria
Isabel is a 40-year-old woman. She was born in Corozal, and she is married and the mother of 5 children, ranging in age from 13 to 19. She lives in Juan Mina, one of the two divisions of the rural area surrounding the Colombian city of Barranquilla, 5 km southwest of the urban center along the Algodón highway. It is here that she has operated her business for the past 14 years. Her principal activity is selling locally raised chickens. She also has a restaurant located on the main road. Her work is typical in this area, since there are a number of poulty farms. In her restaurant, her specialty is the delicious and well-known "sancocho de gallina" [chicken stew]. She has two freezers to conserve her products, and she has the necessary furniture and equipment for her restaurant. She cooks with wood, which according to her gives better flavor to the food. Her chicken business increases during the Christmas season, and for this reason Isabel needs additional capital to increase her purchases of the product and fulfill the great demand during this season. For this reason, she came to the Mario Santo Domingo Foundation to request a Kiva loan, her first financing with this organization. She will invest it in locally bred chickens, buying them in greater quantity than usual, so she can take advantage of the large number of orders her customers have placed with her.
View original language description ↓
Isabel, es una mujer de 40 años, nacida en Corozal, casad y madre de 5 hijos en las edades de 13 a 19 años; ella vive en Juan Mina, uno de los dos corregimientos en que se divide la zona rural de la ciudad colombiana de la ciudad de Barranquilla, a 5 km al suroccidente del casco urbano, sobre la carretera del Algodón, justamente donde tiene su negocio desde hace 14 años, de venta de gallina criolla, como principal actividad productiva, además de un restaurante ubicado en la vía principal. Su actividad es típica en el lugar ya que allí existen varias granjas avícolas. En su restaurante vende espacialmente el delicioso y muy conocido sancocho de gallina, cuenta con dos congeladores para conservar el producto y tiene los muebles y enseres necesarios para la actividad de restaurante, cocina con leña, que según ella le da un mejor sabor a la comida. El negocio de las gallinas se incrementa en la época de navidad, por eso Isabel requiere tener un capital adicional, para aumentar la compra del producto y atender la gran demanda de la temporada. Esta es la razón por la cual se acerca a la Fundación Mario Santo Domingo, para acceder a un credikiva, primer financiamiento que hace a esta organización, que invertirá en gallina criolla, en una proporción mayor que a la que usualmente compra, aprovechando el gran número de pedidos que sus clientes le han hecho.

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
  • 242
    View loans »
    Colombia Loans Fundraising
  • $12,896,025
    Funds lent in using Kiva
  • 1,937.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Isabel Maria to invest in buying locally raised chickens.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2011
Listed
Dec 18, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013