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Katherine
When Katherine received her previous Fundación Mario Santo Domingo loan she bought larger amounts of foodstuffs like rice, oil, tubers, vegetables and meat that she resold quickly. Her working capital turned over and she earned a bit more not only through the sales but also because of the discounts she got by purchasing larger amounts and this was made possible thanks to the loan.

She lives in Puerto Colombia located on the shores of the Caribbean Sea so she’s surrounded by beaches, breeze and sea. She develops in this environment of tourism that creates a good clientele for her restaurant. She wants to make it grow by applying resources to it that will facilitate her increase of working capital and thus her sales.

She’s now planning to buy a new refrigerator because her current one is having mechanical failures and this isn’t good for business. This is why she’s applying once again for a loan through Kiva. The investment will be successful because it’s meeting an immediate need and in the ten years’ experience she’s attained she’s learned well how to manage her resources; she also has a good clientele that she cares for with dedication and needs to respond to promptly.

Her message to Kiva lenders is the following: “I am grateful for the help received and hope you will continue to help many people like me around the world.”
View original language description ↓
Cuando Katherine recibió su credito anterior de la Fundación Mario Santo Domingo, compró mayor cantidad de víveres como arroz, aceites, tubérculos, verduras y carnes que vendió prontamente, su capital de trabajo rotó y ganó un poco más, no solo por las ventas que hizo sino también por los descuentos que obtuvo, al comprar en mayor volumen y esto fue gracias a este financiamiento. Ella vive en el municipio de Puerto Colombia, ubicado a orillas del mar caribe y por eso la playa, brisa y mar es lo que la rodea y ella se desenvuelve en ese ambiente turistico que potencializa la clientela de su restaurante, el cual ella quiere hacer crecer aplicandole recursos que le faciliten el aumento de su capital de trabajo y asi mismo de sus ventas..
Hoy planea comprar un nuevo refrigerador, porque el actual está presentando imperfecciones mecánicas y esto no es bueno para su negocio. Por eso ha acudido a un nuevo financiamiento y esta vez mediante Kiva; su inversión será exitosa, porque responde a una necesidad inmediata y en sus 10 años de experiencia ella ha aprendido a manejar sus recursos y tiene una muy buen clientela a la que cuida esmeradamente y necesita dar respuesta oportuna. Su mensaje a los financiadores de Kiva es el siguiente: “Agradezco la ayuda recibida, y deseo que sigan ayudando a muchas personas como yo, en todo el mundo“

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
  • 244
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,799.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,125 helped Katherine to buy a new refrigerator.
99% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2012
Listed
Oct 17, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 20, 2014