Check out some available loans that are similar to this one!
Yohaira
Yohaira, 24 years old, has a business making baked goods at home. She lives in the neighbourhood of Soledad, 15 minutes away from the city of Barranquilla.

She has five years of experience and got her start when a family friend passed on her experiences in a similar business. Yohaira observed her every day and managed to learn to make baked goods. Her love for this type of work began from there.

Bit by bit, she raised capital to buy basic tools, primary materials and supplies, and got her entrepreneurial dream rolling in 2010. Her sales are conducted on credit, while she makes her purchases with cash. Her working day runs from eight in the morning to seven at night. Her main customers are bakeries that put in orders and also refer her new customers.

She is currently applying for a Kiva loan, which is her first loan with the Mario Santo Domingo Foundation. With this loan, she will buy supplies to make delicious desserts, especially brownies, which are her most popular product and generate high returns. This means that her Kiva loan will be a successful investment.
View original language description ↓
Yohaira de 24 años de edad se dedica a la fabricación de productos de repostería en su domicilio ubicado en el municipio de Soledad, a 15 minutos de la ciudad de Barranquilla, donde habita. Ella tiene 5 años de experiencia e inició cuando una persona cercana a su familia, le trasladó su experiencia en un negocio parecido, pues ella la observaba día a día y logró aprender a elaborar productos de repostería y desde allí inició su amor por esta actividad. Así fue que reunió poco a poco un capital con el que compró la herramienta básica y materias primas e insumos y dio marcha a su sueño emprendedor en el año 2010. Sus ventas las realiza a crédito, mientras sus compras las hace de contado en un su día laboral que inicia desde las 8 de la mañana hasta las 7 de la noche. Sus principales clientes son los locales de repostería quienes hacen sus pedidos y les remiten nuevos clientes. En la actualidad está aplicando a un credikiva, primer financiamiento que hace ala Fundación Mario Santo Domingo, mediante el cual comprará insumos para la fabricación de ricos prostres especialmente brownies, que son los productos que mas rotan en su negocio y generan mayor rentabilidad, lo cual hace de su credikiva una inversión exitosa.

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
  • 469
    View loans »
    Colombia Loans Fundraising
  • $15,266,950
    Funds lent in using Kiva
  • 1,865.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Yohaira to buy baking supplies to make brownies in larger volumes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2013
Listed
May 27, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014