Check out some available loans that are similar to this one!
Ibet
Ibet is 53 years old and is a widow. She lives in the city of Barranquilla and has 3 children between the ages of 29 and 31 years old. She started her own business venture selling food, cooked meals and grilled meats. She started by offering lunches to her neighbors, and now her business has grown so that she has put a roof over her terrace to have a place where she can serve her customers. Her business is located in a commercial corridor that is well known in the neighborhood for having delicious lunches that are sold daily and grilled meats that are prepared on the weekends. Her business has grown because her current customers always recommend new customers, which has allowed her to sustain herself and make a profit for the well-being of her family.

Her Kiva loan is the second loan that she will receive through the 'Fundación Mario Santo Domingo'. The first loan she used to make improvements to her restaurant, making a covering for a large part of it. Now Ibet provides more comfort to her customers. Since the first loan that she took out she has increased her number of customers and has had to put more chairs and tables. With these new purchases she has made improvements to her location, giving it a friendly and enjoyable environment.

Currently she is requesting a loan which will be her first loan from Kiva, which she will use to finish the roof on her business. Little by little she is improving the infrastructure of her business and making it more formal. Her message to the foundation is the following: "I am very happy with the loan and the support that the 'Fundación Mario Santo Domingo' has given me and now with Kiva, to continue moving ahead with my business. Thank you!"
View original language description ↓
Ibet de 53 años de edad es una mujer viuda que vive en la ciudad de Barranquilla y tiene 3 hijos en las edades de 29 a 31 años. Ella emprendió su propia aventura de negocios de venta de comidas, corrientes y asados, actividad que inició ofreciendo almuerzos entre sus vecinos y hoy ha logrado crecer, entechando su terraza y ubicando sillas donde atienden a sus clientes. Su negocio está ubicado en un corredor muy comercial por eso es muy conocido en el barrio y como prepara deliciosos almuerzos que vende diariamente y asados que prepara los fines de semas; de esta manera sus actuales clientes le recomiendan nuevos compradores y así ha logrado sostenerse y generar ingresos para el bienestar de su familia. Su credikiva es el segundo financiamiento que recibe de la Fundación Mario Santo Domingo, con el cual realizó adecuaciones de su local porque puso la cubierta a gran parte de él; ahora Ibet brinda más comodidad a sus clientes y desde que recibió su primer crédito se ha incrementado el número de ellos y ha tenido que comprar más sillas y mesas y con esas nuevas utilidades ha hecho mejoras a su vivienda, generando un ambiente familiar agradable. En la actualidad está aplicando a un primer credikiva con cual terminará el entechado de su negocio, mejorando poco a poco la infraestructura de él y dándole así mayor formalidad. Su mensaje a la Fundación es el siguiente: “Estoy muy contento con el crédito y el apoyo que me ha dado la Fundación Mario Santo Domingo y ahora con Kiva, para seguir adelante con mi negocio. ¡Gracias!

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
  • 166
    View loans »
    Colombia Loans Fundraising
  • $12,831,825
    Funds lent in using Kiva
  • 1,782.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Ibet to finish the roofing on her business, improving the infrastructure little by little.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2012
Listed
Feb 24, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 18, 2013