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Margelis Del Carmen
Margelis, aged 52, is a woman with two children aged 23 and 25 years. She dreams of seeing them become successful individuals.

She has been working in retail since she received help from Fundación Mario Santo Domingo, as initially she only had a small amount of working capital with which to make volume purchases, earn discounts and respond to her customers in a timely manner. Helped by this organization, her business has become more profitable bit by bit, because she gradually expanded her purchases to other countries, such as the United States, Norway, and Spain. She has also expanded to other regions of the country from where she brings a variety of merchandise such as clothing, shoes, bags, etc. Her merchandise is exclusive, and is not very cheap. However, she has customers who buy the very best, who pay what the item costs and who aren't themselves direct purchasers.

She is currently applying for a Kiva loan, which is her 28th loan with Fundación Mario Santo Domingo. With it she will purchase clothing and shoes. It will set her up to make her purchases benefiting from offers, promotions and sales on the merchandise that has good discounts, and this will translate to income. This is precisely the reason that her Kiva loan will be successful.
View original language description ↓
Margelis de 52 años de edad, es una mujer que tiene dos hijos en as edades de 23 y 25 años, con los que sueña ver convertidos en personas exitosas. Ella se dedica al comercio, desde que fue apoyada por la Fundación Mario Santo Domingo, pues en un principio contaba con muy poco capital de trabajo para hacer compras en volúmenes, ganar descuentos y responderle a sus clientes oportunamente. Su negocio poco a poco apoyado por esta organización, se fue haciendo más rentable, porque fue paulatinamente expandiendo sus compras en otros países, como Estados unidos, Noruega y España y en otras regiones del país desde donde trae mercancía variada como ropa, calzado, bolsos etc. Su mercancía es exclusiva y no es muy económica, pero tiene clientes que compran lo mejor, pagan lo que el producto cuesta y que además no son sus compradores directos. En la actualidad está aplicando a un credikiva, crédito # 28 que hace a la Fundación Mario Santo Domingo, con el comprará ropa y calzado, pues se prepara para adquirir en ofertas, promociones y saldos, de estas mercancias que trae buenos descuentos y que trasladará a sus ingresos. Esta es justamente la razó por la cual su credikiva será exitoso.

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
  • 493
    View loans »
    Colombia Loans Fundraising
  • $15,250,425
    Funds lent in using Kiva
  • 1,759.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,725 helped Margelis Del Carmen to purchase clothing and shoes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 16, 2012
Mar 26, 2012
Currency Exchange Loss:
Apr 18, 2013