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When Zunilda started her business her daughter helped out because her skills in computer science was of great help for her to launch in the market offering Internet access service, photocopying service, photograph transcriptions and telephone calls. She also took into account her surroundings in her neighborhood noting that she had no competition for there are no Internet cafés nearby which is why she set one up at home.

Noting that her business has grown she’s now decided to move it from home into a locale she owns which is part of her strategy to win over more customers. Her greatest challenge is to make the improvements to the locale so that her customers will have a comfortable environment but her capital is insufficient to reach this goal immediately.

This is why she’s calling on a Kiva loan, her first financing from Fundación Mario Santo Domingo that she’ll use to do the required physical changes having to do with enclosure and roofing thus attaining a better position. We at the Fundación believe that her Kiva loan will be successful because she’ll be located in a more comfortable spot that’s nevertheless near her present clientele with potential of capturing the interest of a wider customer base.
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Cuando Zunilda inició su negocio, su hija la poyó pues con sus conocimientos de sistemas fue su mayor soporte para salir al mercado a ofrecer servicios de internet, fotocopiaje, transcripciones fotografías y llamadas. También tuvo en cuenta el entorno del municipio donde habita, en el cual no tiene competencia pues no hay café internet cercanos; por eso se posicionó en una casa familiar y teniendo en cuenta que su negocio ha crecido, hoy ha decidido ubicarlo en un local de su propiedad, que forma parte de su estrategia de captura de clientes. Su mayor desafío es lograr adecuar sus instalaciones, para que sus clientes se encuentren en un ambiente confortable, pero su capital de trabajo no es suficiente para responder a esta meta inmediata. Esta es la razón por la cual acude a aun credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual hará las adecuaciones locativas pertinentes a cerramiento y cubierta y con ello lograr mayor posicionamiento. Su credikiva tendrá éxito, porque estará ubicada en un sitio más cómodo, cerca a su actual clientela y con un potencial de captar el interés de una clientela potencial extensa.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Colombia

  • $11,100
    Average annual income
  • 366
    View loans »
    Colombia Loans Fundraising
  • $15,676,275
    Funds lent in using Kiva
  • 1,772.0
    Colombia Pesos (COP) = $1 USD
A loan of $1,750 helped Zunilda to make some physical home improvements.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Jun 29, 2012
Jul 13, 2012
Currency Exchange Loss:
Aug 12, 2012