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For Merli, the necessity of having economic liberty and generating an income drove her to start her business ten years ago. She sells merchandise that she buys directly from the suppliers and from companies that sell their products through specialized guides. She has fixed clients to whom she offers products with special discounts, which keeps them from looking for better alternatives. Her most popular products are stationery items and home items. She is always trying to increase her working capital in order to respond to her clients quickly. This is just the reason for which she is requesting a Kiva loan, her first loan from Fundación Mario Santo Domingo. With it, she will purchase beauty products for women, and other items. Her hard work to provide good service is reflected in her intense schedule; she works every day from 8:00 am to 8:00 pm because she is determined to grow and make her business a great enterprise.
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Para Merli la necesidad de tener libertad económica y genera ingresos fue lo que la impulsó a emprender su actividad comercial en la que dese hace 10 años se desempeña. Ella vende mercancía que compra directamente a sus proveedores en el mercado y a empresas que impulsan sus productos mediante guías especializadas. Merli ha concentrado clientes fijos a los que les ofrece artículos con descuentos especiales y esto hace que su clientela no la cambie para buscar mejores alternativas. Los productos que más rotan en su punto comercial son la papelería y artículos para el hogar, ella siempre está pendiente de hacer crecer su capital de trabajo para ser oportuna en sus respuestas a sus clientes. Esta es justamente la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará productos de belleza, variedades femeninas entre otros artículos. Sus esfuerzos en el servicio se ven reflejados en su intenso horario de lunes a domingos desde las 8 de la mañana hasta las 8 de la noche, porque ella está decidida a crecer y a hacer de su negocio una gran empresa.

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
  • 480
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,834.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $600 helped Merli to buy beauty products for women, and other items.
99% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Apr 16, 2013
May 17, 2013
Currency Exchange Loss:
Oct 17, 2014