Check out some available loans that are similar to this one!
Andrea
57-year-old Andrea is a married woman who owns a business where she sells refreshments. She also makes corncob rolls: corn batter wrapped in leaves of the same plant, prepared with the most tender and natural corn, known only to Andrea, and mixed with cheese, aniseed, etc. Through her business she has been able to support her family, which is comprised by her husband and her five children aged 36 to 44, all accomplished professionals. Although Andrea began with a small start-up business, today she makes higher sales because the business has grown larger and stronger every day. In her business, she distributes refreshments and beverages such as beer in larger quantities to stores, businesses and people who sell her products. She's currently getting ready for her busiest time, the carnival, and she's applying for a credikiva, her first loan with Fundación Mario Santo Domingo. With it she will stock up her business with soft drinks and beer in order for her customers - the grocery stores and the independent ones - to buy from her in larger quantities. She's preparing herself for making her highest sales of the year. Her goal is to eventually own an eatery with a lot of employees, so that they too can get an income like she did, which allowed her to provide for her family.
View original language description ↓
Andrea de 57 años de edad es una mujer casada, que tiene un negocio a tevés del cual vende refrescos y también se dedica a la elaboración de bollos de mazorca: “amasijos de maíz, envueltos en hojas de esta misma planta y amarrados con pita, preparados con el maíz mas tierno y natural que solo Andrea conoce y le agrega queso, anís, etc. Ella con su negocio ha logrado apoyar a su familia compuesta por su cónyuge y sus 5 hijos en las edades de 36 a 44 años, quienes son profesionales exitosos. Aunque Andrea inició con un pequeño e incipiente negocio, hoy vende en mayor cantidad porque este ha crecido y se fortalece cada día más. En su negocio distribuye refrescos y bebidas como cervezas en grandes cantidades a tiendas, establecimientos y vendedores de sus productos. En la actualidad se prepara para la época de mayor movimiento comercial, “Los carnavales”, y está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, para surtir su negocio con gaseosas y cervezas y que sus clientes de tiendas, graneros, e independientes le compren en cantidades mayores. Ella se está preparando hacer su mejor venta del año. Su meta mas adelante es tener un estadero y mucha gente empleada, para que también como ella, obtengan sus ingresos con los que ha logrado el bienestar de su familia.

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
  • 291
    View loans »
    Colombia Loans Fundraising
  • $13,948,100
    Funds lent in using Kiva
  • 1,785.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Andrea to stock up her business with soft drinks and beer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2012
Listed
Feb 17, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013