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Isabel Cristina
Isabel, 58, works making dough, corn water or ‘chicha’ and making bread rolls or dough items from corn and wrapped in corn leaves tied with twine. She lives in the municipality of Soledad with her spouse and has three children whose ages range between 28 and 31. Isabel started her business four years ago taking advantage of the fact that her neighbor was in the same kind of business and moved away leaving his customer base's needs unmet. She took advantage of this juncture and decided to go into this activity and has done very well with it and has managed to grow. Her main customers are stores in her neighborhood and in other sectors as well as housewives and neighbors who are aware of the quality way she works with products derived from delicious, natural corn. She sells at wholesale and retail. Isabel dreams with expanding and is preparing day to day to accomplish it but her working capital is insufficient to reach this dream of prosperity which is why she’s calling on a Kiva loan, her first financing with Fundación Mario Santo Domingo to buy corn and twine in larger amounts. With her Kiva loan she will start off on the road to try new markets and increase productive possibilities that she hopes will lead to her moving forward with her family.
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Isabel de 58 años de edad, se dedica a la elaboración de masa, agua de maíz o chicha y a la preparación de bollos o amasijos de maíz envueltos en hijas de la misma planta y amarrados con pitas. Ella vive en el municipio de Soledad, con su cónyuge y tiene 3 hijos en las edades de 28 a 31 años. Isabel desde hace 4 años inició su negocio, aprovechando que su vecino que había tenido esa misma actividad, se mudó y dejó la clientela sin respuesta a su necesidad de consumo; así fue como aprovechando esta coyuntura, decidió dedicarse a esta actividad, con la que le fue muy bien y en la que ha logrado su crecimiento. Sus principales clientes son las tiendas del barrio y de otros sectores, así como las amas de casa y vecinas, que conocen la calidad con la cual trabaja los productos derivados del delicioso maíz natural. Sus ventas las realiza al por mayor y de contado y al detal; Isabel sueña con expandirse y se prepara día a día para poder lograrlo, pero su capital de trabajo, ante este sueño de prosperidad le resulta insuficiente, 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 maíz y pitas en mayor volumen. Con su credikiva iniciará el camino para experimentar en otros mercados y aumentar sus posibilidades productivas, con las que piensa salir adelante al lado de su familia.

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
  • 245
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,816.7
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Isabel Cristina to buy corn and twine in larger volume.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2012
Listed
Nov 22, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 2, 2013