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Clarivel
Clarivel is 30 years old and in lives in a city located in the county of Bolívar with her spouse and their 2 children ages 1 and 8. She started in business 3 years ago selling cold beverages, yams, cheese and other basic foods as well as cellphone minutes. Taking advantage of her husbands store, she was able to offer her a new service. She purchase a photocopier so her clients would have the ability to use her photocopying service and she could earn more money.

Her goal is to expand her business, for which she needs an additional photocopier, with which she plans to increase her sales since the one she has now is too small and doesn't have much output capacity. This is the reason why she is seeking a Kiva loan, which will be her first loan with the Fundación Mario Santo Domingo. She will use the loan to purchase a photocopier that can serve its intended purpose.

She currently manages a 2:1 liquidity, a financial indicator by which she projects her growth. With the loan she will be able to grow more, open a stationary shop and guarantee quality education for her children.
View original language description ↓
Clarivel de 30 años de edad habita en un municipio ubicado en el departamento de Bolívar, con su cónyuge y sus dos hijos en las edades de 1 y 8 años. Ella inició en la actividad comercial, desde hace 3 años vendiendo bebidas frías, ñame, queso, productos varios de la canasta familiar y venta de minutos de telefonía celular. Aprovechando el local de su esposo adicionó a su clientela una nueva oferta, pues compró una fotocopiadora para que sus clientes tuvieran la oportunidad de acceder a servicios de fotocopiaje y ganar ella un poco mas de dinero. Su meta hoy es ampliar su negocio y para eso requiere adicionar una fotocopia mas, con la cual planea incrementar sus ventas, debido a que la actual es muy pequeña y no tiene mucha capacidad de producción, esta es la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará una fotocopiadora, para conseguir el propósito planteado. En la actualidad maneja una liquidez de 2:1, indicador financiero desde el cual proyecta su crecimiento, con el financiamiento, pues su meta es mas adelante, tener una papelería y garantizar estudios de calidad a sus hijos.

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
  • 301
    View loans »
    Colombia Loans Fundraising
  • $13,785,050
    Funds lent in using Kiva
  • 1,887.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Clarivel to purchase a photocopier.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 27, 2013
Listed
Oct 7, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014