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Maria  De Los Milagros
Maria is 38 years old and lives in the city of San Jun Nepomuceno with her three children who range in ages from 15 to 21 years. She has a business there; offering internet and photocopy services, where she generates the income she needs to support her household. She combines these businesses perfectly with selling a line of ladies’ clothing. Her business was born though the initiative of a friend, who taught her about communication technology and who sold her previous business after becoming very ill. She used the money to buy and install computers and began offering this service after recovering her health.

She has her own personal daily sales goals that fit into her many desires to grow and increase her income. During her 10 years of selling fabrics, she was able to build a customer base that she now wants to reestablish by making her customers a tempting offer related to women’s clothing, by offering them credit so that they can make payments they can afford. Her greatest challenge is not having enough working capital to invest, so for this reason she approached Fundación Mario Santo Domingo, through which she will buy computer accessories and in style women’s clothing in quantity. This investment will allow her to increase her credit sales and little by little she will be able to grow her business and her achieve goals of prosperity, which include seeing her children become prestigious professionals. This will be the reason for the success of her Kiva loan.
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Maria de 38 años de edad vive en el municipio de San Jun Nepomuceno y sus tres hijos en las edades de 15 a 21 años. Allí tiene un negocio con el que genera los ingresos para el sostenimiento de su hogar, pues ofrece en su propia casa el servicio de internet, fotocopiaje y lo combina perfectamente con la venta de ropa en la línea femenina. Su negocio nació como iniciativa de un amigo, cuando después de estar muy enferma y habiendo vendido su anterior negocio, la orientó hacia la tecnología de la comunicación, por eso con el dinero producto de la venta realizada, compró computadores los instaló y una vez recuperada en su salud, inició su tarea comercial de este servicio. Diariamente tiene sus propias metas de venta, que se combinan con los muchos deseos de crecer y aumentar sus ingresos. Durante sus 10 años de experiencia en la venta de telas, logró construir una clientela que hoy quiere reactivar haciéndole una oferta tentadora, en la línea de ropa femenina, mediante crédito otorgado, para que estos paguen en plazos pactados y a su vez ajustados a sus posibilidades. Su mayor desafío es no tener el capital de trabajo suficiente, para invertir y esta es justamente la razón por la cual se acerca a la Fundación Mario Santo Domingo, mediante la cual comprará, accesorios para computadores, ropa para damas en mayor volumen y a la moda, con esta inversión aspira a incrementar sus ventas a crédito y poco a poco logrará el crecimiento de su negocio, para alcanzar su propósito de prosperidad que no es otra cosa que ver a sus hijo convertidos en profesionales de prestigio y esta si que es la razón de éxito de su credikiva.

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

  • $11,100
    Average annual income
  • 502
    View loans »
    Colombia Loans Fundraising
  • $14,967,675
    Funds lent in using Kiva
  • 1,795.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Maria De Los Milagros to buy computer accessories and women's clothing.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2012
Listed
Jul 30, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013