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Cristina
Cristina is 47 years old and lives with her two children, who are 14 and 21 years of age, in Puerto Colombia, a town on the Caribbean coast of Colombia. She has an internet cafe equipped with two computers and a photocopier/printer. She also sells cell phone minutes, SIM cards, plans, and other cell phone equipment. She also sells merchandise out of specialized guides or catalogs, so she has a glass cabinet which can be bought on special from various companies.

Two years ago, she was affected by a flood in her home and lost some computers, merchandise, and various pieces of furniture and household appliances. Faced with the great disaster, she continued working, and now things are going very well in her business. Currently, she is applying for a micro-loan, with which she will buy merchandise for her store, miscellaneous products like perfumes, creams, and cosmetics. Cristina wants to take advantage of the buying season at the end of the year, when many customers buy items out of catalogs as Christmas gifts, which will probably make her investment quite successful. Her goal for her business is to expand, and her personal goal is to buy her own house.
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La Señora Cristina tiene 47 años y vive con sus dos hijos en las edades de 14 y 21 años, en Puerto Colombia, un pueblo en la costa Caribe de Colombia,. Ella tiene un café internet equipado con 2 computadores y una fotocopiadora-impresora. También, vende minutos a teléfonos celulares, recargas, chips, planes y equipos de teléfono celular. Además, comercializa mercancía mediante guías especializadas de productos o catálogos, por la cual tiene una vitrina con productos que compra en promoción de varias marcas. Hace 2 años, ella resultó afectada con una inundación en su casa, y perdió algunos computadores, mercancía y varios muebles y electrodomésticos del hogar. Enfrentada a este gran desafío, ella siguió trabajando y ahora le va muy bien en su negocio. En la actualidad está aplicando a un credikiva, con el cual comprará mercancías para su venta, productos de misceláneas como perfumes, cremas, y cosméticos. La señora Cristina, quiere aprovechar la temporada alta de fin de año, en que muchos clientes compran mercancías de los catálogos, como regalos navideños, lo cual hace que su inversión proyecte ser exitosa. Sus metas para el negocio son su ampliación, y el sueño familiar de ella es comprar su propia casa.

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
  • 560
    View loans »
    Colombia Loans Fundraising
  • $14,903,600
    Funds lent in using Kiva
  • 1,830.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Cristina to buy merchandise for her shop, miscellaneous products like perfumes, creams, and cosmetics.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2012
Listed
Nov 6, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013