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Rosa
Rosa, 45 years old, lives in the Puerto Colombia municipality, located on the sea shore. It is a tourist spot and frequented by families on weekends and during vacation seasons to enjoy the beach, breezes and sea and the delicious meals prepared with the area specialty, seafood. Rosa, who lives with her 9 year old son in this beautiful place, has a business where she sells fish and beer, taking advantage of the market potential and her experience coming from a traditional family of fishermen. Her three brothers are fishermen and are part of her business. In their business they have a fishing boat with an outboard motor and two gill nets. They fish in the Caño Dulce area, a resort located 30 minutes from Puerto Colombia, and they take the fish to Rosa for her to sell. This business has been running for 20 years and they have a reputable client base. Additionally, Rosa has a stand where she sells beer on weekends, a business independent from her brothers. She is currently applying for a Kiva loan because the investment in the working capital of her business is a challenge. With this first loan from the Mario Santo Domingo foundation she will buy beer directly instead of from middlemen and will be able to repair the two nets. Her investment will be successful because she will gain the cost of the intermediary and will improve the equipment that will make the fishing more effective.
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Rosa de 45 años vive en el municipio de Puerto Colombia, ubicado a la orilla del mar y con su vocación turística es muy visitado especialmente por familias los fines de semana y en época de vacaciones, para disfrutar de playa, brisa y mar y de la deliciosa comida preparada con la especialidad del pescado. Rosa quien vive con su hijo de 9 años de edad, en este hermoso paisaje tiene un negocio donde vende pescado de mar y cervezas, aprovechando el potencial del mercado y su experiencia como parte de una familia tradicional de pescadores, donde sus 3 hermanos realizan esta actividad y están asociados a su negocio. En su negocio tienen una lancha pesquera con motor fuera de borda y dos trasmayos, la pesca la realizan en el sector de Caño Dulce, balneario ubicado a 30 minutos de Puerto Colombia y el producto de su actividad lo llevan a casa de Rosa para que ella inicie su comercialización. Este negocio tiene 20 años de estar funcionando y cuenta con una clientela acreditada; así mismo Rosa tiene un estadero donde vende cervezas los fines de semana, que realiza independiente del negocio de sus hermanos. En la actualidad está aplicando a un credikiva, porque su capital de trabajo para el logro de sus propósitos se convierte en un desafío, cuando de invertir se trata. Con este su primer financiamiento que hace a la Fundación Mario Santo Domingo, comprara, cervezas directamente al camión y no a través de los puntos fríos y reparará los 2 trasmayos. Su inversión tendrá éxito porque ganará el costo de la intermediación y porque adecuará su estructura física para desempeñar su labor de pesca de manera efectiva.

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
  • 486
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,765.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Rosa to repair 2 fishing nets and purchase beer directly.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2012
Listed
Apr 25, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012