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Cindy
Cindy, age 21, grew up viewing recycling as a very lucrative activity since her family was in that business. At age 19, she completed high school and continued on to university to try to become a computer systems analyst, and she hopes to finish her degree this year. She also sells scrap metal and other recyclables, which allows her to support herself. With her income, she has also been able to pay for her university studies. Her goal is to expand this business as she is currently facing one of the biggest challenges in her life, supporting her family, especially because when her mother suffers a relapse, Cindy is the one who needs to take over her business. She is currently requesting a loan in order to increase her chances of purchasing recyclables because her business requires that she have enough money to buy and sell immediately. This is why she now turns to Kiva for her first loan from Fundación Mario Santo Domingo. With this loan, she will purchase products that are in high demand, such as cardboard, copper, and aluminum. She expects this investment to be successful as she is responding to customer demand. From her experience in her family business, Cindy knows how to manage her business well.
View original language description ↓
Cindy de 21 años de edad, creció viendo el reciclaje como una actividad productiva muy rentable, pues en su hogar se dedicaron a ella. Desde sus 19 años terminó sus estudios de bachiller y continuó en la universidad, para ser analista de computación, carrera a la que aspira a terminar antes de finalizar este año. Ella también se dedica a la comercialización de chatarras y obtiene ingresos que le permiten su auto sostenimiento y con ellos ha logrado pagar su carrera en la universidad. Su meta es hacer crecer este negocio, pues está atenta a uno de los grandes desafíos de su vida, que es apoyar a su familia, en especial cuando su madre por motivos de su enfermedad recae y ella debe responder en su negocio. En la actualidad está aplicando a un credikiva, para incrementar sus posibilidades de compras de chatarras de oportunidad, porque su mercado exige que ella tenga dinero suficiente, para hacer compras y vender de manera inmediata. Esta es la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante la cual comprará los productos de mayor demanda, como cartón, cobre y aluminio, inversión que planea ser exitosa, en tanto a que ella obedece a su demanda y Cindy por experiencia en su tradición familiar sabe manejar muy bien su mercado.

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
  • 278
    View loans »
    Colombia Loans Fundraising
  • $13,826,450
    Funds lent in using Kiva
  • 1,830.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Cindy to purchase products that are in high demand, such as cardboard, copper, and aluminum.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2012
Listed
Jun 6, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 2, 2013