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Fanny
Fanny, 56, lives with her partner and has 4 children aged 27 to 37 years old. She works in the preparation and sales of food delivered to homes, a business she started 6 years ago. She was making lunch for her daughter every day and her daughter’s friends liked the food she was preparing, so they convinced Fanny to make them their lunch, too. Little by little, other companies joined in and now she has over 45 fixed clients per day. Since she sells on credit, she’s not able to buy ingredients in large quantities, so she has to go to the market every two days, which increases her transportation costs. She’s requesting a Kiva loan, her 1st one with the Fundación Mario Santo Domingo, to buy rice, oil, meats and other ingredients in large volume so she can diminish the frequency of shopping trips and still have a large inventory of products to offer her customers – this is why the loan will be a success.
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Fanny de 56 años de edad vive con su cónyuge y tiene 4 hijos en las edades de 27 a 37 años. Ella se dedica a la elaboración y venta de almuerzos a domicilio, actividad que inició desde hace 6 años, haciendo almuerzos para su hija, a quien le llevaba su almuerzo diariamente y como a las compañeras de trabajo de esta, les gustó la sazón con que los preparaba, la convencieron para que les hiciera los suyos; poco a poco otras empresas la reconocieron y hoy tiene más de 45 clientes fijos diariamente. Sus ventas las hace a crédito y no es posible comprar los insumos en mayor volumen, por eso cada dos días debe ir al mercado y así se incrementan los costos producidos por el transporte. Esta es la razón por la cual acude a su credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará arroz, aceite, carnes y otros insumos en mayor volumen, para disminuir la frecuencia de compra y lograr tener un inventario para ampliar su oferta. Esta es justamente la razón de éxito de su 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

  • $11,100
    Average annual income
  • 559
    View loans »
    Colombia Loans Fundraising
  • $14,903,600
    Funds lent in using Kiva
  • 1,759.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Fanny buy rice, oil, meats and other ingredients in large volume.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2012
Listed
Mar 26, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 18, 2013