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Eucaris
Eucaris is 43 years old and makes a living selling both alcoholic and soft drinks. A little under five years ago, Eucaris needed to increase her income and her sister recommended that she start this business to guide her with her experience. So, in 2008, Eucaris started the business, selling fizzy drinks, beer and liquor. The shop is open 24 hours every day, particularly toward the end of the week and when there are festivals, times when sales increase. Eucaris buys from a local distributor and her aim is to have a fridge in order to improve her living conditions. Eucaris is applying for a Kiva loan - her first with the "Fundación Mario Santo Domingo" - which she will use to buy larger quantities of beers and fizzy drinks. She will then be able to stock up for the coming weekends when there will be many festivals. The semester holidays are also approaching and at this time consumption of these products goes up and so does Eucaris' income.
View original language description ↓
Eucaris de 43 años de edad se dedica ala venta de licores y refrescos. Desde hace un poco menos de 5 años, necesitando aumentar sus ingresos, recurrió a su hermana que le recomendó empezar este negocio, para orientarla con su experiencia. Así fue como en el año 2008, dio inicio a esta actividad, vendiendo gaseosas, cervezas y licores, los cuales ofrece 24 horas, especialmente al final de la semana y días festivos, en los cuales se incrementan sus ventas. Evans compra en un punto comercial cercano y su meta es lograr abrir un punto frio, con el fin de mejorar cada vez más sus condiciones de vida. En la actualidad está aplicando a un credikiva, primer financiamiento que hace ala Fundación Mario Santo Domingo, mediante el cual comprará cervezas y gaseosas en mayor volumen, par abastecerse en los fines de semana venideros que traen consigo muchos festivos y también porque se acercan los descansos vacacionales del semestre, temporada donde se incrementa el consumo de estos productos y por consiguiente sus ingresos..

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
  • 266
    View loans »
    Colombia Loans Fundraising
  • $13,343,550
    Funds lent in using Kiva
  • 1,897.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Eucaris to buy beers and fizzy drinks.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2013
Listed
Jun 9, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 25, 2014