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Consuelo
Consuelo has a business where she sells electronics such as cell phones, cell phone accessories, memory, and general merchandise, as well as telecommunication services such as phone calls and adding cell phone minutes. The idea for her business came out of the need to support her family.

Her business is located directly in her home, where her two children, ages 20 and 37, live. Her main customers are neighbors and users of the telecommunications services. They come by her house, make a phone call, and continue on their way. Consuelo, in her 7 years of experience in this line of work, has had 4 loans with the Mario Santo Domingo Foundation. The loans have helped her organize the legal and administrative aspects of her business and improve the structure and the way she attends to customers. One of her main goals is to continue growing her business, and later on, have her own location and her own house. One of her biggest challenges is being a female head of the family. Making ends meet is not easy, but with perseverance and constant effort, she manages.

Currently she is applying for a new loan that will be her first Kiva loan. She will invest it in data plans, voice plans, and internet, selling cell phone equipment, accessories and merchandise in general. The investment will allow her to do exactly what she needs to do, which is improve the business by improving coverage for customers and increasing working capital.
View original language description ↓
Consuelo un negocio donde comercializa artículos de tecnología como celulares, accesorios para ellos, memorias, mercancía en general y servicios de telecomunicaciones como llamadas y recargas a celulares; su idea de negocio nació como una fuente de ingreso para el sostenimiento de la casa, su oferta la realiza directamente en su puesto de trabajo, ubicado en su domicilio donde habita con sus 2 hijos en las edades de 20 a 37 años; Los principales clientes son vecinos y usuarios del servicio de telecomunicaciones que pasan por su negocio hacen una llamada y continúan su camino; Consuelo en sus 7 años de experiencia comercial, ha recibido 4 financiamientos de la Fundación Mario Santo Domingo, que le han servido para organizar su negocio en la parte legal y administrativa y ha mejorado su estructuras y forma de atender a su clientela. Entre sus metas principales cuenta la de continuar el crecimiento de su negocio y para mas adelante tener su propio local y casa propia; porque su gran desafío es que en condiciones de mujer cabeza de familia, lograr cumplir con la totalidad de sus gastos, no es nada fácil, pero con su perseverancia y esfuerzo constante lo logra.
En la actualidad está aplicando a un nuevo crédito e invertirá su primer credikiva, en la compra de planes de datos y de voz e internet y la comercialización de equipos de celular, accesorios y mercancía en general, su negocio con esta inversión mejorará con mayor cobertura de clientes, incrementando el capital de trabajo y eso es lo que ella justamente necesita lograr.

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
  • 570
    View loans »
    Colombia Loans Fundraising
  • $14,881,725
    Funds lent in using Kiva
  • 1,804.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,675 helped Consuelo purchase data, voice, and internet plans, as well as cell phone equipment and accessories.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2012
Listed
Sep 24, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013