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Maria De Jesus
Maria, a resident of the city of Barranquilla, is 48 years old and works selling lunches, beers, and rum, a business she has had for 20 years. She began her business in the municipality of Soledad, to the south of Barranquilla, purchasing a refrigerator to sell beer, lunches, and liquor, but after 9 years her family and her moved to Barranquilla to a neighborhood called La Playa. This location is better because it is a touristic location where the people go to swim in La Cienaga, a coastal lake. Now she sells her products to neighbors and visitors from a fixed location that she succeeded in purchasing after many years selling there.

Now Maria is applying for a Kiva loan to purchase a freezer to store her products. She also wants to purchase a greater number of beer directly from the truck, which is cheaper and has no intermediary. She thinks she will be able to sell more beer if she can refrigerate them, because people always want cold beer. Maria hopes that with the increase in her income because of this loan, she can improve her home, where she lives with her husband, a son of 34 years of age, and an 11 year old daughter, to be able to improve the room conditions and to feel happier at the side of the family who she loves.
View original language description ↓
María, una residente de la ciudad de Barranquilla, tiene 48 años y trabaja en la venta de almuerzos, cerveza y ron, un negocio que ha tenido desde hace 20 años. Ella inició su negocio en el municipio de Soledad, al sur de Barranquilla, comprando un enfriador para vender cervezas, almuerzos, y licor, pero después de 9 años ella y su familia se mudaron a un barrio de Barranquilla que se llama La Playa. Esta ubicación es mejor porque es un lugar turístico donde la gente se acerca a bañar en La Ciénaga, una laguna costera. Ahora vende sus productos a vecinos y visitantes desde un lugar fijo que logró comprar después de muchos años de venta.
Ahora, María está aplicando a un préstamo de Kiva para comprar un congelador y almacenar sus productos. También quiere comprar un mayor número de cervezas directamente al camión, que es más barato y no usar la intermediación. Ella piensa que va a poder vender más cervezas si puede refrigerarlas, porque la gente siempre busca cervezas bien frías. María espera que, con el aumento de ingresos por este crédito, pueda arreglar su casa, donde vive con su esposo, un hijo de 34 años y una hija de 11 años, para mejorar sus condiciones habitacionales y sentirse mucho mas feliz al lado de su familia a quienes ama.

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

  • $6,070
    Average annual income
  • 177
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 1,801.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Maria De Jesus to purchase a freezer to store her products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2012
Listed
Oct 16, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2013