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Marlyn
Marlyn lives with her spouse and three children whose ages range from 3 to 8 years in the south of the city where she’s had a small variety store for two years taking advantage that the house is very well located and well-known by local and nearby residents and belongs to her parents who are abroad.

Aware of its commercial potential, Marlyn decided to turn it into a variety store and gradually added other services like photocopying and food like fast-food snacks and soft-drinks. She sells for cash and also pays cash for her purchases. She works from 8 in the morning until 8 at night, Monday to Sunday. She makes her purchases in the city and her best customers are precisely in her neighborhood where there is a great untapped potential.

She’s currently applying for a Kiva loan, her first from Fundación Mario Santo Domingo, that she’ll use to buy clothes, items for the home, women’s accessories, etc. because her goal is to have an inventory on-hand that contains everything her clientele requires to sell much more and to continue supporting her children’s development. Later on, she and her husband plan to buy their own house and this is precisely her greatest challenge for which they work so persistently.
View original language description ↓
Marlyn habita al sur occidente de la ciudad, con su cónyuge y sus tres hijos en las edades de 3 a 8 años; allí tiene su pequeña miscelánea desde hace 2 años, aprovechando que en casa de sus padres, que se encuentran en un país fronterizo, estaba ubicado un estadero muy reconocido por los habitantes de su barrio y de los alrededores. Teniendo en cuenta el punto comercial, Marlyn decidió convertirlo en una miscelánea de mercancías varias, y poco a poco fue agregando el servicio de fotocopiaje y alimentos, como frituras y refrescos. Sus ventas las realiza de contado así como sus compras y trabaja desde las 8 de la mañana hasta las 8 de la noche, de lunes a domingos. Sus compras las realiza en el centro de la ciudad y sus mejores clientes se encuentran justamente en su barrio, donde hay aun un gran potencial que explorar. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará ropa, variedades para el hogar, accesorios femeninos etc. Porque su meta es tener un inventario, provisto de todo lo que su clientela requiere, para vender mucho más y continuar apoyando el desarrollo de sus hijos; mas adelante ella y su esposo planean comprar su propia casa y este es justamente su mayor desafío, por el cual trabajan persistentemente.

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
  • 285
    View loans »
    Colombia Loans Fundraising
  • $13,826,450
    Funds lent in using Kiva
  • 1,897.6
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Marlyn to buy clothes, items for the home, women's accessories, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014