Check out other loans that are currently fundraising!
Marelvis
Marelvis, 38, is the mother of three children, ages 2, 6, and 20. In 2009 she set up her own business venture after taking a course in pastry-making and baking at the Servicio Nacional de Aprendizaje, where she learned the best cooking techniques for these products.

Today she makes cakes, flan, and dessert, and recently she added lunch. She earns an income that benefits her family, which is dependent on her. She makes her purchases in cash in stores and supermarkets. She also makes her sales the same way.

She needs more capital to be able to expand her market and organize her business as a restaurant. This is exactly why she's applying for a Kiva loan, her first financing from Fundación Mario Santo Domingo. With it she'll buy an industrial stove to improve her infrastructure and little by little achieve her dream of prosperity. This way Marelvis and her children will get ahead with her effort in her autonomous job.
View original language description ↓
Marelvis de 38 años es madre de tres hijos en las edades de 2, 6 y 20 años. Ella desde el año 2009 emprendió su propia aventura de negocios, después de haber realizado un curso de repostería, y panadería en el Servicio Nacional de Aprendizaje, donde aprendió las mejores técnicas de cocción de estos productos. Hoy preparar tortas, flanes, postres y ha agregado últimamente almuerzos, con lo cual genera ingresos que benefician a su familia que de ella depende. Sus compras las realiza de contado en tiendas y supermercados y sus ventas las realiza también de la misma forma; para poder ampliar su mercado y organizar su negocio como restaurante, requiere mas capital y esto 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 una estufa industrial, con la que mejorará su infraestructura y poco a poco estaría cumpliendo su sueño de prosperidad. Así Marelvis y sus hijos saldrán adelante con el esfuerzo realizado por ella en su trabajo autónomo.

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
  • 481
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,839.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $450 helped Marelvis to buy an industrial stove.
99% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 23, 2014