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Kimberlis
Kimberlis and her husband have one child, a 3-year old boy. They live in the Colombian city of Barranquilla. Kimberlis operates a business making and selling fried snacks. She started the business because she needed a way to support her family. She starts her days early, working Mondays to Sundays, and she tells us that weekends and holidays are especially busy because there are more people around those days. Her goal for the future is to grow her business and then open a restaurant. Her sales are increasing by the day but she doesn't have enough working capital to expand further. She is applying to Fundacion Mario Santo Domingo and Kiva for a loan that she will use to buy wholesale supplies of maize, cooking oil and everything else that she needs to oeprate her business. The investment will allow her to buy what she needs for less than she would otherwise have to pay and avoid ever-rising prices. The savings will go to her rather than her suppliers. That's the power of Kiva loans and why this loan will be successful.
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Kimberlis es una mujer casada que tiene 1 hijo en la edad 3 años y habita al sur occidente de la ciudad. Desde la madrugada empieza su rutina diaria de lunes a domingo, siendo los días de mayor movimiento en las ventas los fines de semanas y festivos. Ella se dedica a la preparación de comidas y productos fritos, negocio que nació por la necesidad de ofrecer a su familia mayores posibilidades de bienestar, mediante un ingreso más que impulsara su desarrollo. Su meta mas adelante, es lograr fortalecer su negocio, hasta convertirlo en un restaurante muy reconocido por su clientela en función de sus productos y de su ambiente confortable. Últimamente sus ventas se han incrementado y no tiene el capital de trabajo suficiente para hacer compras en mayor cantidad, esta es la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el que comprara en mayor volumen y de contado aceites, maíz e insumos para la preparación de sus comidas. Con ello se provisionará de un inventario comprado a un precio competitivo, que resiste los aumentos de los alimentos, ganándose así la diferencia en dinero por concepto del usual incremento que ocurre en estos productos y esto es lo que garantiza el éxito de su credikiva, acompañado de su disposición parta el trabajo y buena fe en el manejo cuidados de esta 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

  • $6,070
    Average annual income
  • 196
    View loans »
    Colombia Loans Fundraising
  • $13,159,300
    Funds lent in using Kiva
  • 1,830.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Kimberlis to buy wholesale supplies of maize, cooking oil, etc. for her food business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2012
Listed
Jun 6, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013