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Maria
Maria is 44 years old, is married and the mother of four young children. They live in San Juan Nepomuceno, a town known for its artisanal tradition, to the north of Colombia. She has a great aptitude for tailoring and the arts and because of this she decided to take a class to perfect her tradition and be able to earn more money to contribute to improving her home.

In a small workshop in her home she tailors clothing and to generate income she also offers internet and communications services. Her goal is to have a larger and well-supplied business where her clients feel like they are in a comfortable environment and well taken care of, where they can appreciate the quality of Maria's work, in her tailoring as well as the administration of her small internet cafe.

This is the reason Maria has turned to a Kiva loan, through which she will buy a computer and air conditioner, to make the building a comfortable temperature and offer services to new clients, that often need to use the internet and will leave if they don't. While this happens, Maria maintains a profitability over her sales no less than 33%, that is projected to increase gradually, especially with her Kiva loan.
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Maria de 44 años de edad es una mujer casada y madre de 4 jóvenes hijos, que habita en San Juan Nepomuceno, pueblo reconocido por su tradición artesanal al norte de Colombia. Ella tenía mucha aptitud por las confecciones y por las artes y por ello decidió hacer un curso para perfeccionar su tradición, y poder generar ingresos que contribuyeran al mejoramiento de su hogar. En un pequeño taller de su casa confecciona y para genera otros ingresos también ofrece servicios de internet y comunicaciones. Su meta es tener un negocio mas amplio y bien dotado donde su clientela se sientan en un ambiente acogedor, bien atendidos y aprovechen la calidad con la cual trabaja Maria, tanto en su confección como en la administración de su pequeña sala de internet. Esta es la razón por la cual acude a un credikiva primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará un computador y aire acondicionado, para dotar su infraestructura de una temperatura agradable y ofrecer la oportunidad a nuevos clientes, que muchas veces necesitan utilizar su servicio de internet y deben marcharse sin recibirlo. Mientras esto ocurre, Maria maneja una rentabilidad sobre las ventas no menor del 33%, que proyecta aumentar gradualmente especialmente con 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
  • 570
    View loans »
    Colombia Loans Fundraising
  • $14,881,725
    Funds lent in using Kiva
  • 1,834.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,650 helped Maria to buy a computer and air conditioner.
99% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2013
Listed
May 13, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014