Check out some available loans that are similar to this one!
Maribel
Maribel, 40, lives in the city of Cartagena with her three children, ages 9 to 20, whom she dreams of becoming successful. She works conscientiously preparing lunch to earn income to achieve her family's well-being.

She began her business 15 years ago based on experience she got from her family, who made a living in this type of work. She makes her sales in cash and sometimes on credit, working from 6 in the morning until 3 in the afternoon. She makes her purchases in cash in the city market, where she frequently finds sales for buying in bulk. Her main customers are the drivers of city buses and tractor trailers.

Her clientele is increasing now and she doesn't have sufficient working capital to be able to respond to her customers as she would like, to continue cultivating their loyalty. This is why she's asking for a Kiva loan, her first financing from Fundación Mario Santo Domingo, with which she'll buy raw materials wholesale, chairs, tables, and kitchen items.

Her goal is to achieve an effective and productive process for providing a service with which the customers feel comfortable and return to buy from her, because for Maribel, all of this is profits.
View original language description ↓
Maribel de 40 años de edad, vive en la ciudad de Cartagena con sus 3 hijos en las edades de 9 a 20 años, a quienes sueña ver convertidos en personas exitosas. Ella trabaja esmeradamente preparando almuerzos, para obtener ingresos con los cuales lograr el bienestar de su familia, desde hace 15 años cuando inició su negocio, basada en la experiencia que adquirió de su familia, quienes se dedicaban a este tipo de actividad. Sus ventas las realiza de contado y algunas veces a crédito, en un trabajo que inicia desde las 6 de la mañana hasta las 3 de la tarde, mientras sus compras las hace de contado en el mercado de la ciudad, donde frecuentemente encuentra ofertas, por comprar en mayor volumen. Los principales clientes de sus almuerzos son los conductores de buses urbanos y tractomulas; hoy su clientela está en creciente aumento y su capital de trabajo no es suficiente, para lograr responder a su clientela como ella lo requiere, para continuar fidelizandolos. Esta es la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará materia prima en mayor volumen, sillas, mesas, y menaje de cocina, todo ello con el fin de lograr un proceso productivo efectivo, un servicio donde la clientela se sienta muy confortable y regresen a comprarle, porque para Maribel todo esto es ganancia.

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
  • 279
    View loans »
    Colombia Loans Fundraising
  • $13,610,900
    Funds lent in using Kiva
  • 1,799.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Maribel to buy ingredients, chairs, tables, and kitchen items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2012
Listed
Oct 17, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013