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Maria Marta
44-year old Maria runs a store selling merchandise such as footwear, clothing, lotions, and women's accessories. She sells some items to her customers on credit. As well she works as a maid. Maria has one year experience with her business; she started it in order to earn extra income.

Maria started taking out loans with the Mario Santo Domingo Foundation and received a housing loan in the Villas de San Pablo project. Then she received a state subsidy to fulfill her dream of having a house of her own.

Now she is seeking a loan to buy clothing, footwear, perfumes, lotions, cosmetics, and women's accessories so she can continue expanding her store at this important time of year when sales increase: Christmas and the New Year. This is when everyone gets dressed up to attend family festivities.

Maria's principal goal is to educate her children who are now 19 and 21 years old so they can have success in the future.
View original language description ↓
Maria de 44 años de edad, se dedica a la venta de mercancía en general como calzado ropa, perfumes, cremas, y accesorios femeninos, además es empleada del servicio doméstico, y alrededor de este trabajo ha estructurado su clientela ofreciendo los artículos que vende a crédito. Ella tiene un año de experiencia y decidió comercializar los productos con el fin de genera ingresos, su historial crediticio lo inició en la Fundación Mario Santo Domingo, con un crédito de vivienda en el macroproyecto Villas de San Pablo, pues recibió un subsidio del estado nacional para cumplir su sueño de tener su casa propia. En la actualidad está aplicando a un credikiva, para comprar ropa, calzado, perfumes, cremas, cosméticos, y accesorios femeninos, para continuar ampliando su negocio, en un momento importante en el cual sus ventas usualmente se incrementan, como en la temporada navideña y con la llegada del nuevo año, debido a que todas las familias se visten elegantes para estas festividades familiares. Su meta principal es lograr educar a sus hijos, que hoy están en las edades de 19 y 21 años, para que tengan un potencial de éxito en su futuro.

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
  • 529
    View loans »
    Colombia Loans Fundraising
  • $14,933,525
    Funds lent in using Kiva
  • 1,816.7
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Maria Marta to buy clothing, footwear, perfumes, lotions, cosmetics, and accessories.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2012
Listed
Nov 22, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013