Check out some available loans that are similar to this one!
Jahirina
Jahirina is 22 years old, she is the owner of a restaurant that was bought by her mother who worked for 3 years in the business and bought it from the owner. Realizing it was a great opportunity, Jahirina and her mother work constantly to make it succeed but her greatest obstacle is not having enough work capital to increase her sales. At present she needs a loan from credikiva, her first through the Fundación Mario Santo Domingo; she will buy raw materials like: rice, oil, sugar, salt, vegetables, etc. since they wish to increase their sales and to buy more items cash down to get discounts that will guarantee the success of her investment. Jahirina’s goal is to finish paying off the restaurant and later on buy a stall to make the necessary changes and have a comfortable environment for her customers.
View original language description ↓
Jahirina de 22 años de edad es propietaria de un restaurante que compró su madre, quien trabajó durante 3 años en ese negocio y lo compró a su dueño. Consientes de esta gran responsabilidad Jahirina y su madre trabajan persistentemente para sacarlo adelante, pero su mayor desafío es no tener el capital de trabajo suficiente para lograr aumentar sus ventas. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará materias primas, como arroz, aceite, azucar, sal, legumbres etc pues desean aumentar sus ventas y comprar en mayor cantidad y de contado, para ganar descuentos, lo que garantizaría el éxito de esta inversión. Su meta mas adelante es terminar de pagar el restaurante y más adelante comprar un local, para hacer adecuaciones requeridas y generar un ambiente confortable entre sus clientes

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
  • 361
    View loans »
    Colombia Loans Fundraising
  • $14,083,800
    Funds lent in using Kiva
  • 1,761.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Jahirina buy raw materials like: rice, oil, sugar, salt, vegetables, etc.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2012
Listed
Mar 31, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012