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Luz Mary
Luz Mary is 44 years old and has owned a hostel since 2012. She rents her rooms and small apartments to students and workers from other parts of the country. Currently, a season of high demand is approaching and she wants to get ready to be able to serve the necessities of her clients. This is why she needs a loan, which she will use to renovate three rooms, increasing the amount of guests they can accommodate. Her goal is to be able to continue to provide for the university studies of her three children. She is a single mother and works hard to be able to reach her dream of prosperity.
View original language description ↓
Luz mary de 44 años de edad tiene un hospedaje desde al año 2010 en varias de sus habitaciones estudiantes, trabajadores provenientes de otras zonas del país acuden a ella para solicitar arrenamiento de habitaciones o de los apartamentos que tiene disponible para ello. En la actualidad se acerca una época de mucha demanda de este servicio y requiere prepararse para resolver las necesidades de su clientela. Esta es la razón para acceder a un credikiva, mediante el cual adecuará 3 habitaciones mas con lo cual mejorará sustancialmente su capacidad de ocupación. Pues su meta es lograr que sus hijos finalicen sus estudios universitarios, pues en condiciones de separada trabaja persistentemente para llegar a cumplir su sueño de prosperidad.

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
  • 302
    View loans »
    Colombia Loans Fundraising
  • $13,786,300
    Funds lent in using Kiva
  • 1,804.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $900 helped Luz Mary to renovate three rooms in her hostel.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2013
Listed
Mar 14, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014