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Visitación
Visitación lives with her family, consisting of her spouse and her 4 children ages 9 to 19 years old, in San Jacinto a municipality in the county of Bolivar which is well known for its woven crafts. After her husband learned the craft of pizza-making in the capital of Colombia, Bogotá, she learned it from him and later began to work together with him, until she was able to find a location to work independently. Today she makes and sells pizzas of many different flavors in this location. She adjusts the pizzas to the tastes of her customers. Her larger goal is to have a big shop to reach and make sales to more consumers. She dreams of earning more profits that would help her to offer her children the opportunity to continue studying and achieving great successes. Her return on investment today is no less than 7% and from this amount she projects her investments. Today Visitación is applying for a Kiva loan, her first financing through the Mario Santo Domingo Foundation. She will use the loan to buy wheat flour, oils and other ingredients and to make important purchases that will allow her to obtain special prices based on volume. This will ensure that her investment is very successful which is exactly why she is proposing to do this with the Kiva loan.
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En San Jacinto, municipio del departamento de Bolívar, muy conocido por los trabajos artesanales de las mujeres en tejido vertical, habita Visitación con su familia, conformada por su cónyuge y sus 4 hijos, en las edades de 9 a 19 años. Luego de que su esposo, aprendiera en la capital de Colombia-Bogotá, el oficio de elaborar pizzas, ella también aprendió de él y posteriormente trabajó dependiente, hasta que logró ubicarse de manera independiente, en el espacio donde hoy prepara pizzas de diferentes sabores, ajustadas al paladar de sus consumidores y las vende. Su meta mas adelante, es tener un amplio local para extender su oferta a más compradores, porque sueña con generar ingresos, que le ayuden a ofrecerles a sus hijos las oportunidades de continuar con sus estudios con mucho éxito. Su rentabilidad sobre las ventas actualmente, es no menor del 7% y desde allí proyecta su inversión. En la actualidad Visitación está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará harina de trigo, grasas y otros insumos, para hacer compras importantes que le permitan obtener precios especiales, por el volumen en que Visitación lo hará. Esto hará que su inversión sea muy exitosa y es justamente lo que se propone Visitación 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

  • $6,070
    Average annual income
  • 152
    View loans »
    Colombia Loans Fundraising
  • $13,171,600
    Funds lent in using Kiva
  • 1,899.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Visitación to buy wheat flour, oils and other ingredients.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2013
Listed
Jun 8, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014