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Laine Luz
Laine Lozano, 47, lives in the city of Cartagena with her family and makes a living selling food. She started this job when she moved to the community where she lives, because it's a small city with a natural market where she found immense possibilities for offering breakfast, lunch, and dinner to the residents.

She makes her sales from 8 in the morning until 1 in the afternoon. Her main customers are the construction workers and teams working on the construction of the new community, which is projected to have more than 15,000 inhabitants.

Laine has received one loan from Fundación Mario Santo Domingo, to buy a house in this macroproject of sustainable communities. Now she's applying for her first Kiva loan, with which she'll buy supplies and groceries to make her special meals.

And she'll be very successful because she reduces her costs by being able to buy in cash and wholesale. With her Kiva loan she'll also take advantage of the end-of-year holidays to invest well and be able to offer prepared foods for her customers to share happily with their families and welcome the new year together.
View original language description ↓
Laine Lozano de 47 años de edad, vive en la ciudad de Cartagena con su familia y se dedica a venta de comidas, actividad que nació al mudarse a la comunidad donde habita, pues es una pequeña ciudad donde su mercado es natural y allí encontró inmensas posibilidades de ofrecer desayunos almuerzos y comidas a sus habitantes. Sus ventas las realiza diariamente desde las 8 de la mañana hasta la 1 de la tarde, a sus principales clientes que son los maestros de obras y equipos de trabajo en tareas constructivas de la nueva comunidad que proyecta tener a mas de quince mil habitantes. Laine ha recibido un financiamiento de la Fundación Mario Santo Domingo, para la compra de vivienda en este macroproyecto de comunidades sostenibles y hoy está aplicando a un primer credikiva, con el cual comprará víveres, abarrotes, para elaborar comidas especiales y tendrá mucho éxito, porque reduce sus costos al poder comprar de contado y en mayor volumen,; con su credikiva aprovecharía también las festividades de fin de año, para invertir bien y ofrecer a su clientela comidas elaboradas, para compartir muy felices con sus familias y recibir el año nuevo unidos.

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
  • 506
    View loans »
    Colombia Loans Fundraising
  • $14,967,675
    Funds lent in using Kiva
  • 1,816.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,125 helped Laine Luz to buy supplies and groceries to make meals.
99% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2012
Listed
Nov 21, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014