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Cielo
Cielo is 52, and is the owner of a restaurant located in the city of Cartagena. She makes the meals in her own home, to be distributed to customers in construction companies. She has five children, ages 16 to 36, and dreams of seeing them always be successful.

As a woman head of her household, she started her restaurant 12 years ago. With it she has managed to generate income for her family's well-being and has acquired her own house. Even though she has had many challenges, she has overcome them, and with a great deal of decisiveness and disciplined work has kept her household going.

Cielo has received four loans from Fundación Mario Santo Domingo, with which she has managed to build up her small business, increasing her working capital just at the time she needed it most.

Her goal for the future is to locate her business in a very busy commercial space, in order to achieve better positioning in the market. Currently, her greatest challenge is to manage purchases in greater volume so that she can obtain special discounts, as she makes purchases at frequent intervals and this takes a great deal of her time.

This is the reason she is applying for a credikiva loan, her fifth with Fundación Mario Santo Domingo. With it, she will buy ingredients for making lunches for various construction company customers, who are her most regular customers and need to be served in keeping with their needs for price, quality and timeliness.
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Cielo de 52 años, es la propietaria de un restaurante ubicado en la ciudad de Cartagena, en su propia vivienda donde los elabora, para ser distribuidos a clientes en empresas de la construcción; ella tiene 5 hijos en las edades de 16 a 36 años, con quienes sueñas verlos siempre exitosos. Como mujer cabeza de familia desde hace 12 años inició su restaurante, con él ha logrado generar ingresos para el bienestar de su familia, ha adquirido casa propia y aunque ha tenido muchos desafíos, se ha sobrepuesto a ellos y con mucha decisión y trabajo disciplinado, ha salido adelante con su hogar. Cielo ha recibido 4 financiamientos de la Fundación Mario Santo Domingo, con los cuales ha logrado fortalecer su microempresa, aumentando su capital de trabajo en el momento justo en el que ella más lo necesitaba. Su meta más adelante es ubicar su negocio en un espacio comercial muy concurrido y lograr con él posicionamiento en el mercado. En la actualidad su mayor desafío es lograr compras en mayor volumen para obtener descuentos especiales, pues ella hace compras en frecuencias muy cortas y quita mucho de su tiempo. Esta es la razón por la cual acude a un credikiva, quinto financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprara materias prima para la elaboración de almuerzos a diferentes clientes de la construcción, quienes son sus clientes más asiduos y requieren ser atendidos con sus requerimientos de precios, calidad y oportunidad.

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
  • 486
    View loans »
    Colombia Loans Fundraising
  • $15,260,325
    Funds lent in using Kiva
  • 1,790.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Cielo to buy ingredients for making lunches.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2012
Listed
Aug 20, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 2, 2013