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Angela Maria
Ángela is 40 years old and lives in the city of Barranquilla with her husband and two children, aged 14 and 17. She owns a restaurant together with her husband and also produces bakery products. Her business started 15 years ago when she capitalised on her husband's idea of becoming independent by means of a micro-finance institution.

During all these years she has managed to build up a good clientèle, especially within the members of the national police service, as her business is located just in front of their buildings.

Apart from this business she also runs an internet café, where she offers communication and photocopying services, making the most of the potential of her clients. At present she is requesting a loan, her first loan cycle with the Fundación Mario Santo Domingo, through which she will buy food stocks in order to be able to meet the needs of construction workers, who are working in front of the restaurant, and need feeding.

In the medium term, she plans to convert her business into a self service, with air conditioning and greater comfort. However, her biggest challenge is the strong competition that exists in her area. She deals with this effectively by offering quality service and a good business image. She is a good businesswoman and is very disciplined.
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Ángela de 40 años de edad, habita en la ciudad de Barranquilla con su esposo y sus dos hijos en las edades de 14 y 17 años. Ella tiene un restaurante en compañía de su esposo, y también produce productos de panificación. Su negocio inició hace 15 años cuando capitalizó la idea de su esposo, de ser independiente mediante una microempresa. Durante todos estos años han logrado tener una buena clientela, especialmente entre los miembros de la policía nacional, pues su negoció se encuentra ubicado justo al frente de esas instalaciones. Además de estos negocios también tiene un café internet, donde ofrece servicios de comunicaciones y de fotocopiaje, aprovechando el potencial de su clientela. En la actualidad está aplicando a un credikiva, primer financiamiento, que hace a la Fundación Mario Santo Domingo, mediante el cual comprará víveres, para poder atender la demanda de los trabajadores de una construcción, que están haciendo frente al restaurante y requieren alimentos. En el mediano plazo planea convertir su negocio en un autoservicio, con aire acondicionado y un mayor confort, aunque su mayor desafío es la competencia fuerte que hay en el sector, pero la enfrenta exitosamente con un servicio de calidad e imagen de empresa y de empresario y con mucha disciplina de trabajo.

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
  • 178
    View loans »
    Colombia Loans Fundraising
  • $12,857,625
    Funds lent in using Kiva
  • 1,850.0
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $650 helped Angela Maria to buy food stocks in order to prepare food.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
Apr 20, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2014