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Bertha Otilia
Bertha is 57 years old and the mother of eight children who vary in age from 22 to 33. She is a native of Santa Fe de Mompox. Years ago, she and her husband decided to move to the city of Barranquilla so that their children could study there. Since life in this city is more expensive, Bertha decided to open her own business in food sales. Her business grew in this city, but six years ago, for unrelated reasons, the family had to move to the city of Cartagena de Indias, where they live and work today. Bertha sells a variety of fried and grilled foods. She works Tuesday through Sunday until 10 p.m.

Bertha is requesting a Kiva loan, her second with the Fundación Mario Santo Domingo, in order to buy a stove to expand her business as well as buy supplies so she can prepare bigger quantities of food. She wants to take advantage of the upcoming holiday season, which is a very good time for her business. With her previous loan from the Fundación, Bertha was able to improve the infrastructure of her business. She added a display window and was able to buy basic ingredients in larger quantities at discounted prices. With these she was able to keep a good supply of foods on display for customers, which helped increase her profits.

Bertha's goal for the future is to turn her business into a full restaurant. She also hopes that her children become tomorrow's professionals. It makes Bertha and her husband very happy to see them always working.
View original language description ↓
Bertha de 57 años, madre de 8 hijos de 22 a 33 años, es oriunda de Santa Fe de Mompox, desde donde en unión de su cónyuge planearon el estudio de sus hijos y por eso compraron una vivienda en la ciudad de Barranquilla, para que ellos habitaran allí y estudiaran en esa ciudad. Como esta nueva situación les traía más gastos, decidió ella emprender su propia aventura de negocios y aprovechando su buena sazón, dirigió su emprendimiento hacia el sector de alimentos. Su negocio creció en este municipio, pero motivos ajenos a ella, direccionaron su vida hacia la ciudad de Cartagena de Indias, donde ahora vive y ha trasladado su negocio, desde hace 6 años; en él vende productos fritos y asados, desde los martes hasta los domingos, y diariamente hasta las 10 de la noche. En la actualidad está aplicando a un credikiva, segundo financiamiento, que hace a la Fundación Mario Santo Domingo, mediante el cual comprará una estufa para ampliar su negocio y también insumos, para preparar sus frituras en mayores cantidades, aprovechando la época de fiestas que se avecina, siendo esto es muy bueno para su negocio. Con su crédito anterior con la Fundación, ella logró mejorar su infraestructura, agregó una vitrina y fue capaz de comprar materias primas en más volumen, ganar descuentos y tener un stock de productos para la venta, lo cual aumentó ligeramente sus utilidades. Su meta mas adelante es convertir su negocio en un restaurante y sueña con lograr que todos sus hijos sean unos profesionales de bien, pues para ellos trabaja incesantemente y esto la hace muy feliz al lado de su cónyuge.

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
  • 151
    View loans »
    Colombia Loans Fundraising
  • $13,171,600
    Funds lent in using Kiva
  • 1,822.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Bertha Otilia to buy a bigger stove to grow her business as well as supplies to make food.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2012
Listed
Nov 16, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013