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Karina Sofia
Karina, 46, lives in the town of Malambo, 20 minutes from the city of Barranquilla, with her only daughter, 21. Her administrative abilities do not come from her particular studies but from her aptitude for them and from her experience, because during many years she managed the business of a friend while he was abroad.

Taking advantage of her natural entrepreneurial potential, she managed to save and bought a hardware store that already had been in the area for three years but that had become stagnant. With her instinct for business, she managed to organize it and make it produce, helped by her daughter, who studies part of the time and works in her business the rest of the time.

Currently she is applying for a Kiva loan, the first financing she has received from Fundación Mario Santo Domingo, with which she will buy construction materials because it is what her customers buy most. She wants to meet their demand promptly because it is a very well located business and she needs to prove herself to the whole community.

The potential for success of this investment is that, with it, she will manage to give an effective response to her customers at a time in which many businesses do not do this. Also, Karina's instinct for business certainly will take her on the road to progress in the company of her only daughter, who is her unconditional support.
View original language description ↓
Karina de 46 años de edad vive en el municipio de Malambo, a 20 minutos de la ciudad de Barranquilla, con su única hija de 21 años de edad. Sus habilidades administrativas no se derivan de estudios especiales, sino de su aptitud para hacerlo y de su experiencia, pues durante muchos años administró negocios de un amigo, mientras este vivía en el exterior del país. Aprovechando su potencial emprendedor natural, logró ahorrar y compró una ferretería que ya tenía 3 años en el sector, pero que se había estancado, con su olfato de negocio, logró organizarla y hacerla producir, apoyada por su hija, que estudia parte del tiempo y la otra parte la dedica a su negocio. En la actualidad está aplicando a un credikiva, primer financiamiento que recibe de la Fundación Mario Santo Domingo, mediante el cual comprará materiales para construcción, pues es lo que mas consumen sus clientes y ella quiere responderles oportunamente, pues es un negocio muy bien ubicado y necesita acreditarse en toda la comunidad. El potencial exitoso de esta inversión es que con ella logra dar una respuesta efectiva a sus clientes, en un momento en el que muchos negocios no lo hacen. Así mismo el olfato de negocio de Karina muy seguramente la llevaran por el camino del progreso en compañía de su única hija que es su apoyo incondicional

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
  • 139
    View loans »
    Colombia Loans Fundraising
  • $12,792,775
    Funds lent in using Kiva
  • 1,760.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Karina Sofia to buy construction materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2012
Listed
Mar 17, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012