Check out some available loans that are similar to this one!
Luz Emilia
Luz Emilia received a previous loan via Fundación Mario Santo Domingo. With it, she bought beer and beverages wholesale, paying for them upfront, later selling them. With this investment, she was able to continue with her main activity, since her working capital wasn't enough to invest in a large quantity. Since she received her first loan, she has more inventory of her merchandise and she can respond to demand. She is very grateful for the help in hard times so she can keep going ahead with her business. Right now, Luz Emilia is applying for a new loan. With it, she will buy a larger quantity of beer and repair one of her refrigerators. Her investment will be successful because she has a lot of customers and it will increase her inventory to serve them in a timely fashion.
View original language description ↓
Luz Emilia, había recibido un anterior crédito a través de la Fundación Mario Santo Domingo y con él logró comprar al por mayor y de contado cervezas y refrescos y los vendió. Con esta inversión pudo continuar con su actividad principal, ya que su capital de trabajo no era suficiente para invertir en mayor volumen. Desde que recibió su primer crédito, tiene más inventario de mercancías y puede responder la demanda. Ella está muy agradecida por la ayuda, en momentos difíciles para poder salir adelante con su negocio. En la actualidad Luz Emilia está aplicando a una nueva financiación, con la que comprará un mayor volumen de cervezas y reparará uno de sus enfriadores. Su inversión será exitosa porque tiene muy buena clientela y con esta inversión se incrementará el inventario para atender oportunamente a sus clientes.

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
  • 192
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 1,848.1
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $425 helped Luz Emilia to buy a large quantity of beer and repair one of her refrigerators.
99% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2013
Listed
Apr 21, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014