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Mónica
Monica, 33, lives in the city of Cartagena de Indias, which has developed its urban area, preserved its history and is becoming one of the most important ports in Colombia, the Caribbean and the world, as well as a popular tourist destination. Monica lives in this sunny environment with a beach and sea breeze, with her ​​5 children aged 3 to 16 years who are her motivation in her daily work.

Monica works from home selling soft drinks and varied merchandise in accordance with customer requirements. She started her business after separating from her husband 2 years ago, and decided to take care of her family with her income. She works hard to succeed and increase their wellbeing each day. Monica's business has done very well and she is thankful to God because she managed to save up for the down payment to purchase her home.

Her goal is to increase her working capital so that she can explore markets that she has not yet managed to. Monica has applied for her second credikiva with Fundación Mario Santo Domingo, with which she will buy cases of soft drinks and refreshments in greater volumes. This will enable her to maintain an inventory in order to respond to her clients with well-chilled products, and increase her client base.

Monica is very grateful for the previous loan granted by Fundación Mario Santo Domingo, because she managed to purchase her own home in the social housing macroproject Ciudad Bicentenario (Bicentennial City), where she and her family feel more comfortable. Her main challenge now is to earn sufficient working capital to achieve many of her entrepreneurial dreams, which is what she hopes to gradually achieve through consecutive credikivas.
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Mónica de 33 años de edad vive en en la ciudad de Cartagena de Indias, lugar que ha desarrollado su zona urbana, conservando el centro histórico y convirtiéndose en uno de los puertos de mayor importancia en Colombia, el Caribe y el mundo, así como un célebre destino turístico. Allí en un ambiente soleado, de playa, brisa y mar habita con sus 5 hijos en las edades de 3 a 16 años, quienes son el motor de su desempeño en su trabajo diario, el cual realiza en su propia casa, vendiendo refrescos y mercancía variada, a solicitud de su clientela; actividad que inició una vez ocurrió la separación, de su esposo hace 2 años y decidió con sus ingresos se hacerse cargo de su familia, trabajando esforzadamente para lograr algún día salir adelante y aumentar cada vez mas su bienestar. . Con su negocio le ha ido muy bien y da gracias a Dios, porque ha logrado ahorrar la cuota inicial con la que compró su vivienda. Su meta es lograr aumentar su capital de trabajo para explorar mercados en los cuales no ha logrado llegar. En la actualidad está aplicando a un credikiva, segundo financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprara en mayor volumen refrescos y bebidas por cajas, para tener un stock disponible, que le permita responder con productos bien refrigerados a su clientela y lograr con ello aumentar el número de estos. Mónica está muy agradecida con el crédito anterior otorgado por la Fundación Mario Santo Domingo, pues con el logró tener su casa propia en el macroproyecto de vivienda de interés social Ciudad Bicentenario, donde ella y su familia se sienten mas cómodas; ahora su mayor desafío es tener un capital de trabajo suficiente, para lograr muchos de sus sueños empresariales y esto es lo que poco a poco logrará con sus credikivas consecutivos a los que aspira.

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
  • $15,254,800
    Funds lent in using Kiva
  • 1,818.0
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $850 helped Mónica to purchase cases of refreshments and soft drinks in greater volumes.
99% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Aug 25, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 29, 2014