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Margarita Del Carmen
Margarita is 36 years old, lives in San Juan Nepomuceno village, Bolívar state, with her three children ages 3, 5, and 10. Taking advantage of her experience in sales, for the past year she has been selling toiletry items such as toothpaste, soap, shampoo, and clothing. She began this business through her family who lives in Venezuela, and the send her things from her home country. Her long term goal is to have her own location with her siblings and she is thinking of locating it in the home where she lives as it is located on a corner where many people pass by and can make her sales from a fixed location. Her dream is to offer prosperity to her children, a good education so that in their future they will be successful. Meanwhile she works very hard and drives a minimum 17% profit on her sales, from which she projects her growth. Today she is applying for a Kiva loan, her fist financing through Fundación Mario Santo Domingo, with which she will buy clothing, sandals, toothpaste, shampoo, soap and chocolate. With the loan her capital will increase and she will be able to sell her products opportunely.
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Margarita de 36 años de edad, habita en el municipio de San Juan Nepomuceno, en el departamento de Bolívar, con sus tres hijos en las edades de 3,5, y 10 años. Desde hace 1 año, aprovechando su experiencia comercial, se dedica a la venta de mercancías como artículos de aseo, como crema dental, jabón calzado, champo y ropa en general. Ella para iniciar con este negocio lo hizo a través de su familia, que habita en Venezuela, desde donde se los envían a su tierra natal. Su meta mas adelante es tener su propio local en compañía de sus hermanos y está pensando ubicarlo en la vivienda en la cual habita, pues esta se encuentra en una esquina, por donde suelen transitar muchas personas y ello potencializa su venta en un punto fijo. Su sueño de prosperidad es ofrecerles a sus hijos, una buena educación para que en el futuro sean exitosos. Mientras esto ocurre trabaja con mucho esfuerzo y maneja una rentabilidad sobre sus ventas no menor del 17%, desde la cual proyecta su crecimiento. En la actualidad está aplicando a un credikiva, su primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará ropa, chancletas, crema dental, champó, jabón y chocolate. Con ello su capital de trabajo se incrementará y ella podrá vender sus productos oportunamente.

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
  • 242
    View loans »
    Colombia Loans Fundraising
  • $13,362,800
    Funds lent in using Kiva
  • 1,922.2
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $575 helped Margarita Del Carmen to buy clothing, sandals, toothpaste, shampoo, soap and chocolate.
99% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 21, 2013
Listed
Jul 4, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 20, 2014