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Fanis is 47 years old and has a shop where she has been selling groceries, snacks, food, and soft drinks for three years. She started out selling natural juices made from fruits that were harvested each season, but she gradually began selling other items. Her business was converted into a store, which she had to sell along with her home because of her young son’s illness. She did not have time to manage a business since she had to attend to her son’s health issues.


Her current business resulted from an opportunity presented to her three years ago and now it enables her to provide for her household. Her sales are conducted from a shop that is located in her home and it allows her to have direct contact with her customers. Fanis buys her products from wholesalers that offer the best prices and discount specials. They also guarantee that they will have products in stock.


At the moment, Fanis is applying for a Kiva loan so that she can buy products in bulk and with cash such as oil, rice, pasta, and sugar. This will strengthen her business and provide a variety of products for her inventory so that she can respond to her customers with what they need. She will generate more income, thus resulting in a successful investment of her Kiva loan.

View original language description ↓
Fanis de 47 años de edad se dedica al comercio de abarrotes, ranchos, víveres y refrescos, desde hace 3 años; ella inicialmente se dedicaba a la venta de jugos elaborados con frutas naturales de cada cosecha y fue agregando poco a poco otros artículos, hasta convertirlo en un estadero, que finalmente debió vender, junto a su vivienda, debido a la enfermedad de su hijo menor, por lo cual se mantuvo un tiempo sin negocio, para poder atender su dificultad en salud. Su negocio actual, fue producto de una oportunidad en la que redescubrió hace 3 años, nuevamente su ejercicio comercial acostumbrado y con ello hoy apoya la gestión de su hogar. Sus ventas las realiza en un punto comercial ubicado en su domicilio, de manera directa al consumidor detallista, mientras realiza las compras en empresas mayoristas, que le ofrecen mejores precios, descuentos especiales y la seguridad y garantía de los artículos. En la actualidad está aplicando a un credikiva, con el cual comprará al por mayor y de contado aceite, arroz, pastas y azúcar, con ello logrará fortalecer su negocio, ofreciendo una variedad de productos en sus inventarios, para responderle al cliente tal como ellos se lo merecen y ella ganar un poco mas, generando éxito en la inversión de su credikiva.

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
  • 190
    View loans »
    Colombia Loans Fundraising
  • $12,876,400
    Funds lent in using Kiva
  • 1,800.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Fanis to buy oil, rice, pasta, and sugar in bulk.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 17, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014