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Aideth
Aideth lives with her husband and two children who are 12 and 16 years old. They live in the south of the city which is where she has her two businesses. One of her businesses is selling a variety of merchandise to fill orders made by her customers and the other is selling fried food and soft drinks. She started her main business selling general merchandise more than 15 years ago, with a small amount of working capital, mainly selling clothing and footwear. She then received a loan from Fundación Mario Santo Domingo as a member of a community bank. She used the loan to improve her income and start her new business. Aideth has been working with this organization for 18 years and she has received 21 loans which she has invested wisely in her businesses. She has managed to increase her working capital and also her income. Aideth is currently applying for a Kiva loan to buy fried products and soft drinks. She will also buy school supplies, footwear and uniforms because her regular customers need them as students are starting their classes right now. Aideth feels very satisfied with her business and the support she has received from Fundación Mario Santo Domingo because, as a result, she has managed to acquire her own home. Her goal and greatest challenge is to own her own clothes store in the main street. She will work every day without rest in order to achieve this goal.
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Aideth vive con su cónyuge y sus dos hijos en las edades de 12 y 16 años, al sur de la ciudad, donde se dedica a dos negocios, por unlado a la venta de mercancías variadas, mediante pedidos que hacen sus clientes y por otro lado vende frituras y refrescos. Su negocio principal de venta de mercancia lo inició hace mas de 15 años, con un capital de trabajo pequeño, vendiendo ropa, calzado, especialmente. Posteriormente recibió crédito en la Fundación Mario Santo Domingo, en el programa de grupo solidario y con ello ha mejorado su nivel de ingresos y creó su nuevo negocio. Con esta organización tiene 18 años de estar vinculada y ha accedido a 21 créditos, que ha invertido efectivamente en su negocio y ha logrado aumentar su capital de trabajo y mejorar su nivel de ingresos. En la actualidad está aplicando a un credikiva, con el cual comprará productos fritos y refrescos y tambien calzado escolar útiles y uniformes porque sus clientes usuales así lo requieren, debido a que están en la época en la cual los estudiantes ingresan a clases. Aideth se siente muy satisfecha con su negocio y el apoyo recibido por la Fundación, porque ha logrado hasta adquirir su propia vivienda. Su meta y gran desafío es tener un almacén de ropa en la calle principal, con local propio y por eso trabaja diariamente sin descanso para más adelante lograrlo.

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

  • $11,100
    Average annual income
  • 494
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,790.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Aideth to buy fried products and soft drinks, and also school supplies, footwear and uniforms.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2012
Listed
Feb 22, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013