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Maria
María is 66 years old and the mother of nine children between the ages of 24 and 36. She sells beef and entrails on the weekends and has been doing this for 32 years. She began this business to help support her household. She sells from her front door where she sets up a table for her products and sells them by the pound. 80% of her sales are for cash and 20% for credit. She makes her purchases in the nearby towns where there are slaughterers and sell at good prices.

María currently has had three previous loans through Fundación Mario Santo Domingo, with which she was able to increase her sales and noticed an increase in the number of customers. Her goal is to increase her sales in the future, no less than 38%, and improve her home’s infrastructure, so she works hard and organized. She is asking for a Kiva loan to buy meat in quantity. This will allow her to access larger discounts and offer better deals to her customers.

She wants to take advantage of the Christmas and New Year season, when her number of customers increases. Their needs to buy meat products for the family Christmas and New Year festivals that are around the corner and when everyone is in a good mood and united.
View original language description ↓
María de 66 años de edad es madre de 9 hijos en las edades e 24 a 36 años; ella se dedica a la venta de carne de res, vísceras, especialmente los fines de semana y desde hace 32 años, cuando inició este negocio con el fin de apoyar es sustento de su hogar y solventar los gastos familiares. Los productos los ofrece en la puerta de su vivienda donde instala una mesa con ellos, y los vende por libras, un 80% son de contado y 20% a crédito. Sus compras las realiza en municipios cercanos donde hay mataderos especializados que le venden a un buen precio. En la actualidad ha aplicado a 3 financiamientos de la Fundación Mario Santo Domingo, con los que ha logrado aumentar sus ventas y con ello sus utilidades, así como es muy notorio el incremento de su clientelas. Su meta mas adelante en aumentar sus ventas en una cifra no menor del 38% y mejorar la infraestructura física de su vivienda, por eso se esmera en trabajar duro y con orden. En la actualidad María está aplicando a un credikiva, con el cual comprará en mayor volumen carnes, que le permitirán acceder a un mayor descuentos y ofrecer a sus clientes oportunidades de compras con buenos precios, aprovechando que usualmente en la época de navidad y año nuevo, se incrementa el volumen de clientes, que necesitan comprar cárnicos para atender familiarmente las fiestas de navidad y año nuevo que están muy cercanas y en la cual todos se sienten muy felices celebrándolas en unidad .

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
  • 281
    View loans »
    Colombia Loans Fundraising
  • $13,600,025
    Funds lent in using Kiva
  • 1,802.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Maria to buy meat.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 12, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013