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Denis
Denis is 40 years old and a very hardworking woman who has a family restaurant and tavern, which generates income that goes towards supporting her 3 sons, aged 15 to 21. Her business is located near a Colombian professional football stadium, which is the home stadium of Junior, the team of the city of Barranquilla. She sells ordinary meals from 6 am to 3 pm. From Monday to Friday, her customers are mainly people from the neighbourhood, passersby and construction workers, who buy with ready cash or have a tab. On weekends, her locale becomes a family tavern, where she sells beers and other alcohol to this neighbourhood clientele, which has been built over the years. They know her by now and they frequent her establishment more and more. This growing demand in her market is proving to be to much for Denis's resources: she cannot match the needs of her customers and thus asks for a Kiva loan, which is her first loan with field partner Fundación Mario Santo Domingo. She will use the funds to buy ingredients to prepare food, beverages and fresh drinks in order to be ready for the coming festivities, such as Mother's Day, Father's Day, and Secretary's Day. With the loan, she will be able to buy more supplies, make larger stocks of the products that are the most in demand, and increase her working capital. This is what Denis needs to slowly see her dream of advancing in life come true, since she owns a house, a car and a small business with which to continue improving her life.
View original language description ↓
Denis de 40 años es una mujer muy trabajadora que tiene un restaurante y estadero familiar, con el que genera ingresos para apoyar el bienestar de sus 3 hijos en las edades de 15 a 21 años. Su negocio está ubicado cerca al escenario deportivo futbolístico, donde se practica el futbol profesional colombiano y es la sede del equipo Junior de la ciudad de Barranquilla. En el vende comidas corrientes, desde las 6,00 a.m. hasta las 3:00 00 pm. De lunes a viernes, a clientes vecinos de su barrio, peatones y obreros de la construcción, a quienes les vende contado y a crédito. Igualmente los fines de semanas tiene un estadero familiar, donde vende cervezas y licores también a esa clientela doméstica, que ha construido poco a poco y que hoy la reconocen y le compran cada vez más. Ante la demanda en su mercado, su dinero no es suficiente para responder a las necesidades de sus clientes, esta es la razón por la cual acude a su credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará insumos para la preparación de alimentos, refrescos y bebidas, para aprovechas la celebraciones venideras, como los días del padre, de la madre y de la secretaria. Con su credikiva aumentará su capacidad de compra, tendrá un inventario de los productos que rotan mas rápidamente en su negocio y aumentará su capital de trabajo, que es lo que requiere Denis para poco a poco ver cumplir su sueño de progresar mucho mas, porque en la actualidad posee casa, vehículo y microempresa para continuar su ascenso .

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
  • 282
    View loans »
    Colombia Loans Fundraising
  • $13,826,450
    Funds lent in using Kiva
  • 1,755.0
    Colombia Pesos (COP) = $1 USD
Expired
A loan of $1,200 helped Denis to buy ingredients to prepare food, beverages and fresh drinks.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2012
Listed
May 15, 2012
Currency Exchange Loss:
Possible
Expired:
Jun 14, 2012