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Yudis Maria
Thirty-five year old Yudis has been making her living selling pharmaceutical products for five years. She began her business with the expectation that, while she was earning money, she would participate in educating and raising her children, and caring for her husband.

With her business, she has been able to help with household expenses. Little by little, in addition to medications, she has been adding miscellaneous items, which she sells for cash in a shop located in her home in the south-west of the city of Barranquilla. Her work starts from 7 in the morning to 9 at night, from Monday to Sunday. This great effort helps her business grow, allowing her to become established in the community of her target market.

For 3 years, she has been connected with the programs of the Mario Santo Domingo Foundation, in which she has felt supported. She has had 3 loans, with which she has expanded her business and increased the variety of products for sale.

Yudis, with her conscientious work, has lofty goals focused on improving the quality of life for herself and her family, but she needs her business to be even more profitable, offering a great variety of products that sell quickly. This is precisely the reason why she is applying for a Kiva loan, her fourth loan with the Mario Santo Domingo Foundation. She will use it to buy pharmaceutical products that have high turnover, because they generate a profit volume that allows her to increase her working capital, in order to reinvest it and earn even more.
View original language description ↓
Yudis de 35 años de edad se dedica a la venta de productos farmacéuticos desde hace 5 años, cuando inició su negocio con la expectativa de participar al mismo tiempo que generaba ingresos, en la educación y crianza de sus dos hijos, y en la atención de su esposo. Con su negocio ha logrado apoyar los gastos de su hogar y poco a poco ha ido agregando, además de medicamentos, artículos de miscelánea, que vende de contado en un punto comercial, ubicado en su propio domicilio en el sur occidente de la ciudad de Barranquilla. Su trabajo inicia desde las 7 de la mañana hasta las 9 de la noche, de lunes a domingo y este gran esfuerzo ayuda a que su negocio crezca, logrando consolidarse en la comunidad objeto de su mercadeo. Desde hace 3 años ha estado vinculada a los programas de la Fundación Mario Santo Domingo, en la cual ha sido apoyada, por 3 financiamientos con los que ha ampliado su negocio y aumentado el surtido de productos para la venta. Yudis con su esmerado trabajo, tiene grandes propósitos enfocados en el mejoramiento de su calidad de vida y el de su familia, para ello necesita hacer que su negocio sea cada vez mas rentable, ofreciendo una gran diversidad de productos que tengan pronta salida en el mercado; esta es justamente la razón por la cual acude a un credikiva, cuarto crédito que aplica a la Fundación Mario Santo Domingo, mediante el cual comprará productos farmacéuticos de alta rotación, porque le generan un volumen de utilidades que le facilita aumentar su capital de trabajo, para reinvertir y ganar cada vez mas.

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
  • 507
    View loans »
    Colombia Loans Fundraising
  • $15,250,425
    Funds lent in using Kiva
  • 1,780.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Yudis Maria to buy pharmaceutical products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2013
Listed
Jan 25, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013