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Marlene
When Marlene started her commercial activity she did so selling fruit and working hard. Gradually her capital increased and after two years she decided to buy merchandise to open her own store and sell snacks in the school in her neighborhood. Currently her business is growing more each day and she feels proud because it has enabled her to move her sons forward. They are now 28 and 23 years of age.

For the past two years, Marlene has been associated with the Fundación Mario Santo, an organization which has provided her with two loans which have enabled her to expand her sales and improve her family's living conditions and income. Currently she is applying to KIVA to stock her business and meet the great demand she has for a variety of products such as perfume, women’s accessories, sports’ clothing, etc. Her investment is projected to be successful because she is making it to fill orders during a period of great movement associated with the festivities of Carnival, which require special clothing and accessories. Her dreams of growth are infinite. Consequently she gets up every day and organizes her work plan in order to be able to control everything the day affords.
View original language description ↓
Cuando Marlene inició su actividad mercantil lo hizo vendiendo frutas y trabajando fuertemente, por lo cual gradualmente su capital aumentó, por eso decidió dos años después, comprar mercancías para montar su propia miscelánea y vender refrigerios en la tienda escolar de un colegio en su mismo barrio. Hoy cada día su negocio crece más y se siente muy orgullosa porque le ha permitido sacar adelante a sus hijos, que se encuentran en las edades de 28 y 23 años. Desde hace 2 años está vinculada a la Fundación Mario Santo Domingo, organización con la cual ha recibido 2 financiamientos, ellos le han ayudado a extender su mercado, mejorar las condiciones de ingreso y habitacionales de su grupo familiar. En la actualidad está aplicando a su credikiva para surtir su negocio y atender la gran demanda de artículos variado que tiene, como perfumes, accesorios femeninos ropa deportiva etc. su inversión planea ser exitosa porque la hace sobre pedidos y en una época de gran movimiento de las festividades del carnaval, la cual demanda ropa y accesorios especiales. Su sueño de crecimiento es infinito, por eso todos los días se levanta y ordena su plan de trabajo para poder controlar todo lo que el día le depara.

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
  • 180
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 1,812.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Marlene to buy a variety of merchandise such as perfume, feminine accessories, sports clothing, etc.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2012
Listed
Jan 27, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013