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Vilma Rosa
Vilma is 59 years old. She lives in the city of Cartagena. She is a widow with four children aged 31 to 40 years old. Since her husband died 29 years ago (he had a store in the market where he sold prepared food and groceries), she had to assume responsibility for her children. She closed his business and started to sell various merchandise in the city such as gold and silver jewelry and general clothing. With her business she was able to get her daughters ahead because it went very well for her. This is because of the support she received from the Fundación Mario Santo Domingo. She has received 17 loans from this organization over 14 years. With this support her life has changed a lot. Her business was very small and she only had one, and now she also generates income and jobs with her microbusiness selling fast food. She has display cases and her income has increased, generating a better quality of life for her. Since her clientele is growing, she requires permanent working capital to be able to respond quickly. The working capital she has is now insufficient and that is why she is turning to a Kiva loan, her 18th loan with the Fundación Mario Santo Domingo. With it, she will buy materials to make her fast food such as sausages, bread, baloney, cheese and other ingredients. She will also invest in merchandise such as gold and silver jewelry to fill orders her customers have made. Her work experience in her two microbusinesses and the popularity her businesses have in the area make this a potentially great investment that will generate more income to keep fortifying her own wellbeing and that of her family.
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Vilma de 59 años de edad vive en la ciudad de Cartagena; ella es viuda y tiene 4 hijos en las edades de 31 a 40 años. Desde hace 29 años que falleció su esposo, (quien tenia una colmena en el mercado de esta ciudad, donde vendía ranchos y víveres), debió asumir la responsabilidad de sus hijos, ella cerró este negocio y se dedicó a la venta de mercancía variada como prendas de oro, de plata y ropa en general, con su negocio logró sacar a sus hijas adelante porque le fue muy bien y esto fue por el apoyo que recibió de la Fundación Mario Santo Domingo, organización de la cual ha recibido 17 créditos durante 14 años, con este apoyo su vida ha cambiado mucho, así como su negocio que era muy pequeño y solo tenia uno, pues hoy también genera ingresos mediante su microempresa de comidas rápidas y empleo; ella tiene vitrinas y sus ingresos han aumentado, generándole mejoramiento en su nivel de vida. Como su clientela es creciente requiere permanentemente capital de trabajo para ser muy oportuna y poder responderle; por eso su capital de trabajo se torna insuficiente para lograrlo, esta es la razón por la cual acude a su credikiva, crédito Numero 18 que hace a la Fundación Mario Santo Domingo, con el cual comprará materias primas para la elaboración de su comidas rápidas, como salchichas, pan mortadela, quesos entre otros insumos, así mismo planea invertir también en mercancías como prendas de ora y plata sobre los pedidos que le han hecho sus clientes. Su experiencia de trabajo en sus dos microempresas y la gran acogida que tiene su negocio en el sector, potencializan una inversión exitosa y generadora de mas ingresos para seguir fortaleciendo el bienestar propio y el 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
  • 301
    View loans »
    Colombia Loans Fundraising
  • $13,786,300
    Funds lent in using Kiva
  • 1,770.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Vilma Rosa to buy raw materials to prepare her fast food, such as sausages, bread, baloney, cheese, and many more ingredients. She also plans on investing in merchandise such as gold and silver jewelry.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2012
Listed
Mar 10, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 21, 2014