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Emperatriz
Emperatriz is 43 years old and sells cheese and beef in the community of Soledad, 20 minutes from the city of Barranquilla. She lives there with her husband and three children ages 11 to 23.

In 1987 Emperatriz began to sell cheese to a store in the community of San Antonio and it went so well that she generated her own income. Because of this, when her family moved to Barranquilla in 1992, she began this same activity among her neighbors. Over time she built her customer base with stores and grocers that still buy from her today.

Recently Emperatriz has been incorporating beef into her business. This has opened to her a new market based on the customers that purchase cheese from her, which she brings from the region of Magdalena. Her dream is to acquire her own dwelling and she works every day to achieve this.

Her business and potential for customers have grown so Emperatriz is requesting this loan, her first with the Fundación Mario Santo Domingo. With the loan she will purchase cheese and meat in bulk, which will increase her volume of sales and thus increase her profits. She envisions her investment project as successful because it is based not only on her experience, but also on a customer base that as of now has already made requests.
View original language description ↓
Emperatriz de 43 años, se dedica a la venta de queso y carne de res en el municipio de Soledad, a 20 minutos de la ciudad de Barranquilla, donde vive con su esposo y sus tres hijos, en las edades de 11 a 23 años. En el año 1987 se inició vendiéndole queso a una tienda en el municipio de San Antonio, y con lo bien que le fue, generó sus propios ingresos. Por eso cuando su familia se trasladó a la ciudad de Barranquilla en el año 1992, inició esta misma actividad entre sus vecinos, y fue construyendo su clientela con tiendas y negocios de alimentos, que aun le compran. Últimamente ha incorporado a su negocio carne de res y con este negocio tiene un nuevo mercado, construido desde la clientela que le compra el queso, que trae desde el departamento del Magdalena. Su sueño es adquirir una vivienda propia, por eso todos los días trabaja para lograrlo. Su negocio ha crecido y su potencial de clientes también, 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 queso y carne en mayor cantidad, con ello el volumen de ventas se incrementará y así mismo sus utilidades; su proyecto de inversión se visiona como exitoso, porque está basado no solo en su experiencia, sino también en una clientela que desde ya, ha hecho sus pedidos.

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

  • $11,100
    Average annual income
  • 482
    View loans »
    Colombia Loans Fundraising
  • $15,251,825
    Funds lent in using Kiva
  • 1,760.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Emperatriz to purchase cheese and meat in bulk.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 29, 2012
Listed
Mar 17, 2012
Currency Exchange Loss:
Covered
Ended:
May 19, 2013