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Liria
Liria is a 55-year-old saleswoman who lives in the south of the city of Barranquilla. She has three children who are between 31 and 37 years old. Liria makes income selling food products, snacks, meat, soft drinks, tubers and other basic household products that she buys daily, weekly or monthly, in agreement with each supplier. She makes her sales retail and mainly sells for cash. She has been running her business from her home for more than 10 years and it allows her to cover her expenses. Liria lives and manages her business alone. Her goal for the future is to separate her personal space from her business space and she works constantly in order to make the income she needs to achieve this. Her biggest challenge in achieving her goal is that she does not have enough working capital to structure things in the way she wishes. For this reason, she is requesting a Kiva loan (her first loan from Fundación Mario Santo Domingo) in order to gain new working capital to use in her business. She will buy merchandise, acquire a good stock of products, increase her income through having more stock and buy in larger volumes. This is the reason she will succeed with her Kiva loan.
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Liria de 55 años de edad de actividad comerciante, vive al sur de la ciudad de Barranquilla y tiene 3 hijos en las edades de 31 a 37 años. Sus ingresos provienen de la venta de víveres, ranchos, carne, refresco, tubérculos bulbos y todos los artículos de la canasta familiar que compra con una frecuencia diaria, semanal y mensual de acuerdo con cada proveedor. Sus ventas las realiza al detalle y principalmente son de contado. Su negocio funciona en la sala de su casa desde hace mas de 10 años y con ello responde a sus gastos, pues vive sola, así mismo ella se encarga de su actividad. Su meta mas adelante es independizar su espacio personal de su espacio productivo y por eso trabaja permanentemente con tal de lograr los ingresos para lograrlo. Su mayor desafío para conseguir sus metas de ampliar sus posibilidades productivas es que no cuenta con el capital de trabajo suficiente para estructurarlo tal y como lo sueña. Esta es la razón por la cual acude a su credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el fin de lograr un nuevo capital de trabajo para aplicarlo al negocio en la compra de inventarios, lograr un buen surtido y aumentar sus ingresos teniendo mayores inventarios y comprando en mayor volumen. Esta es la razón del éxito de esta inversión kivana.

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
  • 338
    View loans »
    Colombia Loans Fundraising
  • $14,070,600
    Funds lent in using Kiva
  • 1,756.0
    Colombia Pesos (COP) = $1 USD
Expired
A loan of $575 helped Liria to buy basic household products.
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2012
Listed
May 8, 2012
Currency Exchange Loss:
Possible
Expired:
Jun 7, 2012