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Elizabeth Del Carmen
WIth her previous loan, Elizabeth bought merchandise like shoes, flip-flops, clothing, and underwear, among other things, and a display case where she can exhibit it all. This has been extremely useful for her business; her sales have increased, and she has better infrastructure and a stock of inventory that allow her to satisfy her customer's needs.

With her business earnings, she has also improved her living conditions; she made some repairs to her apartment, which in turn improved her quality of life.

Currently, she is requesting another Kiva loan with the aim of investing in the purchase of two more display cases and a variety of other merchandise like linens, perfumes, and miscellaneous articles that her customers have been asking for.

Her greatest dream is to continue growing her business to increase her income and be able to help her children become professionals. Today she is very pleased and sends the following message to her lenders: "Thank you for the support, because with it I have been able to reach the objectives I've laid out, little by little."
View original language description ↓
Con su anterior crédito, Elizabeth compró mercancía como calzado, chancletas, ropa exterior e interior, entre otros artículos y una vitrina donde los exhibe. Esto ha sido de gran utilidad para su negocio ya que sus ventas han aumentado, tiene una mayor infraestructura y un stock de inventarios que le permite satisfacer la demanda de sus clientes. Con las ganancias de su negocio también ha mejorado su condición habitacional ya que ha realizado unos arreglos a su apartamento lo que a su vez mejora su calidad de vida. Actualmente solicita otro credikiva con el fin de invertir en la compra de 2 vitrinas más y otra variedad de mercancía tales como sábanas, perfumería y artículos de miscelánea ya que sus clientes se lo han venido solicitando, su mayor sueño es seguir ampliando su negocio para obtener mayores ingresos y poder hacer de sus hijos unos profesionales, hoy se encuentra muy complacida y envía un mensaje a sus financiadores así: “Gracias por el apoyo brindado porque con el he podido cumplir poco a poco los objetivos trazados”

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
  • 246
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,770.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Elizabeth Del Carmen to purchase merchandise like linens, perfume, shoes, and miscellaneous items, and two display cases to display them in.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2012
Listed
Jun 9, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013