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Ernestina
Ernestina feels that ever since she has had the support of Kiva loans, her sales have increased and her business has become stronger. This is because the investment she made in clothing and shoes has allowed her to meet her customers’ orders.

This is the third Kiva loan of the seven loans given to Ernestina by the Fundación Mario Santo Domingo. She plans to use it to buy small household electrical appliances, as well as a select variety of items that have been ordered from her. She knows that this investment will help her to do well, as she has regular customers with very good payment habits.

Ernestina works very hard to ensure that her business progresses and her children continue to get ahead. An example of this is the professional qualification in economics that her daughter received from the city’s public university, which makes Ernestina very happy and proud. She is very thankful for the support given to her and the other traders through this program, which continues to strengthen businesses to meet goals.
View original language description ↓
Ernestina siente que desde que cuenta con el apoyo de los créditos Kiva, sus ventas han aumentado y se ha fortalecido más el negocio ya que con la inversión que realizó en ropa y calzado pudo atender los pedidos de su clientela. Este es la tercera financiación realizada por Kiva dentro de los siete créditos otorgados por la Fundación Mario Santo Domingo, con la cual pretende comprar además, electrodomésticos menores y variedades seleccionados que le han encargado. Sabe que con esta inversión le va a ir muy bien porque tiene una clientela fija, con muy buenos hábitos de pago. Ernestina trabaja arduamente para sacar adelante su negocio y para que sus hijos sigan superándose, una muestra de ello es el grado de profesional en Economía que recibió su hija en una universidad pública de la ciudad, hecho que la tiene muy feliz y orgullosa. Se encuentra muy agradecida por el apoyo que le han brindado a ella y a los demás comerciantes a través de este programa que fortalece cada vez más los negocios para cumplir las metas propuestas.

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
  • 287
    View loans »
    Colombia Loans Fundraising
  • $14,063,675
    Funds lent in using Kiva
  • 1,782.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Ernestina to buy electrical household appliances and various products to diversify her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2012
Listed
Jun 18, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013