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Ximena
Ximena is 28, and lives in the beautiful city of Cartagena, located on the shores of the Caribbean. It is the second most important urban center on the Colombian Caribbean Coast, after the city of Barranquilla.

She has a business selling food, that she started in order to work only during the weekends, selling soup to her neighbors: a nutricious broth, in which vegetables or meat products have been cooked. Gradually her business began to grow, and her customers started asking her to work every day. That is why she prepares a daily meal special, directed to her market of working people, to whom she sells her lunch every day of the week.

Her goal is to succeed in organizing her business better and to have a good customer base, which has a potential to grow. This is why she needs to serve her customers in the best way possible, and offer them a comfortable environment.

However her great challenge is the lack of working capital to achieve this. It is why she is applying for her first credikiva loan from the Fundación Mario Santo Domingo. She will use it to buy fixed assets such as tables and chairs, and kitchen items, and also to buy ingredients in greater volume; which means getting a good discount on her purchases. This is exactly why this investment will contribute to her success.
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Ximena de 28 años de edad vive en la hermosa ciudad de Cartagena, ciudad localizada a orillas del mar Caribe y segundo centro urbano en importancia de la Costa Caribe colombiana, después de la ciudad de Barranquilla. Allí tiene un negocio mediante el cual vende alimentos, que inició solamente para trabajar durante los fines de semana, vendiendo entre sus vecinos sopa, un caldo alimenticio, en el cual se han cocido vegetales o productos cárnicos. Gradualmente su negocio fue creciendo y sus clientes empezaron a solicitarle que trabajara todos los días, por eso hoy prepara comidas corrientes, dirigidas a un mercado que trabaja, a quien le vende su almuerzo todos los días de la semana. Su meta es lograr organizar su negocio y tener el reconocimiento de su clientela, que tiene un potencial crecimiento y a quien necesita atender con la mejor calidad posible, ofreciéndole un ambiente confortable, aunque su gran desafío es el insuficiente capital de trabajo para lograrlo. 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 activos fijos como sillas mesas y menaje de cocina además de invertir en mayor volumen de materias primas, lo cual le representa un buen descuento en sus compras y esto es justamente el 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
  • 224
    View loans »
    Colombia Loans Fundraising
  • $12,881,350
    Funds lent in using Kiva
  • 1,760.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Ximena to buy tables, chairs and kitchen items, and also to buy ingredients in greater volume.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2012
Listed
Mar 18, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 18, 2013