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Rosario
Rosario, 45, lives in Puerto Colombia, a town in the Atlantic state very close to the sea. There on the warm shore and constant breeze she has her store named after what she feels there - Brisas [breezes] - which are a result of the famous trade winds. She's been running her business since she arrived in this area from Pinchote in the state of Santander; she came seeking better horizons and originally relocated with her family to the city of Santa Marta, where they worked in a store. Ultimately, they wound up in Barranquilla doing the same work, but there they made it a liquor store. With their profits they had an opportunity to buy a store and retrofit it so they could live there with their two children, who are now 19 and 23 years old. Rosario is happy to live in Puerto Colombia because she likes the ways of the coastal people - uncomplicated and happy - but she hasn't forgotten the lush, mountainous countrysides of her homeland. Her goal is to increase her business until she can make it self-service, but she doesn't have enough capital to make her dream a reality. For that reason she is accessing a Kiva loan, her first through the Mario Santo Domingo Foundaiton. She will use it to buy provisions to increase her inventory and have a greater variety of products. The experience and work ethic of this Santander native will be the keys to the success of this investment.
View original language description ↓
Doña Rosario de 45 años de edad vive en Puerto Colombia, un municipio del departamento del Atlántico muy cerca al mar. Allí en su cálida orilla y constante brisa, tiene su tienda que lleva el nombre del de lo que allí se siente, “Brisas” las cuales son producidas por los famosos vientos alisios. Su negocio lo inició desde que llegó a esta región, proveniente de Pinchote, en el departamento de Santander, desde donde llegó buscando mejores horizontes y se ubico con su familia inicialmente en la ciudad de Santa Marta, donde trabajaron en una tienda y finalmente hicieron lo mismo en la ciudad de Barranquilla, ejerciendo su actividad productiva también, pero en ese momento lo hicieron en un estanco. Con sus ingresos se le presentó la oportunidad de comprar una tienda y la adecuaron para vivir con sus dos hijos, hoy en las edades de 19 y 23 años simultáneamente. Doña Rosario está feliz de vivir en Puerto Colombia, porque le gusta la forma de ser de los costeños: descomplicados y alegres, pero aun no olvida los paisajes llenos de montaña y verdor de su tierra natal. Su meta es ampliar su negocio hasta convertirlo en un autoservicio, pero su capital de trabajo se torna insuficiente para alcanzar su sueño. Esta es la razón por la cual acude a su credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará víveres para aumentar su surtido y lograr mayor diversidad de producto. Su experiencia y la tradicional capacidad de trabajo de esta Santandereana, auguran la clave del éxito de esta inversión.

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
  • 163
    View loans »
    Colombia Loans Fundraising
  • $13,194,000
    Funds lent in using Kiva
  • 1,762.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Rosario to buy provisions to increase her inventory.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2012
Listed
Mar 16, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 30, 2013