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Noris
Noris is 51 years old and lives in the southwestern part of the city with her husband and her two children, who are 15 and 17 years of age. She has a grocery store where she sells meats, canned goods and other food and household items. The neighboring families visit her store daily to get ingredients for their meals. She started her business 20 years ago, taking into account that there was not a store in her area to meet these needs. Little by little she built her own customer base, and today she is also known in some nearby districts. To date she has received four loans from Fundación Mario Santo Domingo. With these funds she has been able to maintain her inventory and to provide what her customers ask for.

Her dream is to expand her business and have sustained growth, so that she can do an even better job of supporting the well-being of her family. This is just the reason she is seeking a loan through Kiva. She will use the loan to buy meats, canned goods and other food items. It is necessary to have a lot of these products at this time, since people consume more during Semana Santa (Holy Week) when they share meals with their families. And this is exactly the reason this will be a successful loan.
View original language description ↓
Noris de 51 años de edad vive en el suroccidente de la ciudad con su cónyuge y sus hijos en las edades de 17 a 15 años. Allí se dedica a la venta al detalle de ranchos, víveres, refrescos, cárnicos y artículos de la canasta familiar que compran las familias vecinas diariamente para elaborar los alimentos. Dese hace 20 años dio inició a su negocio teniendo en cuenta que en el sector no existía una tienda con estas características, poco a poco fue construyendo sus propia clientela y hoy la identifican varios de los sectores aledaños. En la actualidad ha recibido 4 financiamientos de la Fundación Mario Santo Domingo, con los cuales ha logrado mantener inventarios y vender de todo un poco de lo que su clientela solicita. Su sueño es ampliar la estructura de su negocio y tener un crecimiento sostenido, para apoyar aun más el bienestar de su familia. Esta es justamente la razón por a cual acude a un credikiva, mediante el cual comprará ranchos, víveres, embutidos, enlatados etc, pues necesita tener muchos de estos productos en esta época, en la cual la semana santa aumenta su consumo, por la especialidad de las comidas que comparten las familias en esta temporada. Y esto es justamente la razón de éxito 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

  • $11,100
    Average annual income
  • 496
    View loans »
    Colombia Loans Fundraising
  • $14,967,400
    Funds lent in using Kiva
  • 1,809.3
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $900 helped Noris to buy meats, canned goods and other food items.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2013
Listed
Mar 20, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014