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Emilse
Emilse, 35, has a shop in the town of Puerto Colombia, located by the seashore, where she lives with her partner and their four children (ages 6 to 15). In January of 2011, her elderly father-in-law, who had devoted his life to the store, decided to give it to his son and Emilse to generate their livelihood.

In the shop she sells retail items like groceries, snacks, soda, meat, dairy, etc. The business is run by Emilse from 6 am to 9 pm every day, selling items on credit and more commonly in cash, which she buys wholesale at the best deals in the town where she lives. Her main customers are housewives and in general, neighbors, who buy retail items and products that they need for household consumption.

She is currently requesting her first loan from Fundación Mario Santo Domingo, with which she plans to increase the stock in her store, buying discounted products (staple items) like rice, oil, meat, sauces, sugar, milk, etc. that help her have an assorted inventory and to manage competitive prices.
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Emilse de 35 años de edad tiene una tienda en el municipio de Puerto Colombia, ubicado a orillas del mar, donde habita con su cónyuge y sus 4 hijos en las edades de 6 a 15 años. En Enero del año 2011, su suegro, de edad avanzada y toda la vida dedicado a una tienda, decidió entregársela a su hijo y a Emilse para generar su sustento. En su tienda vende al detalle artículos de la canasta familiar como víveres, ranchos, refrescos, cárnicos, lácteos etc. Su negocio es atendido por Emilse desde las 6 de la mañana hasta las 9 de la noche todos los días, vendiendo a crédito y en un mayor porcentaje de contado, lo que compra a mayoristas de mejor oferta en el mismo municipio donde habita. Su principal clientela son amas de casa y en general vecinos, que compran al detalle los artículos y productos, que requieren en su canasta familiar. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual planea aumentar el surtido de su tienda, comprando productos con descuentos,de primera necesidad, arroz, aceite, carnes, salsas, azucar, leche etc que la ayudan a tener un inventario con artículos y a manejar precios competitivos.

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
  • 362
    View loans »
    Colombia Loans Fundraising
  • $14,070,600
    Funds lent in using Kiva
  • 1,816.7
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $650 helped Emilse to buy discounted products (staple items): rice, oil, meat, sauces, sugar, milk.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 4, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014