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Maria
Maria is 50 years old and lives in the municipality of Soledad. She sells products made from wheat flour such as deditos (a local pastry) and empanadas. She has two years experience doing this. A friend of hers showed her how to make these products. Her mother gave her the idea of doing it as a business as Maria enjoyed making them.

Her main products are hayacas, qibbes, deditos and empanadas (all traditional meat filled pastries) which she offers directly to the public, not through middlemen, in cash and on credit. From Monday through Saturday she prepares the raw materials, measures them, kneads them, molds them and cooks them, adding the products and ingredients necessary for each one, such as cheese, meat and vegetables, etc. The result is delicious snack ready to sell and eat. She starts her work day at 8 am and finishes at 6 pm. She buys the products from warehouses in the municipality. Her principal clients live in the area where she lives and has her business. Her goal is to be recognized by everyone in her marketing area.

At present she does all the work manually and this requires more energy all the time. This makes her tired. In her effort to grow and respond to her client's demand Maria is requesting a loan from Kiva. It will be her first loan from Fundación Mario Santo Domingo and she will use it to buy a dough rolling machine. This will reduce her production times as she won't have to knead by hand and also it will increase her production capacity. This makes it a successful investment.
View original language description ↓
Maria de 50 años de edad, habita en el municipio de Soledad, donde se dedica a la venta de productos derivados de la harina de trigo, como deditos, empanadas etc.
Desde hace 2 años data su experiencia, pues en ese tiempo una amiga le enseñó a preparar estos productos, y su madre le impulsó esa idea de negocio, pues a ella le gustó mucho. Sus principales productos, son las hayacas, deditos, empanadas y quibbes, los cuales ofrece de manera directa, sin intermediarios, a crédito y de contado.
De lunes a sábados, Maria se dedica a la preparación de su materia prima, mediante la mezcla, amasado, moldeado y e cocción, agregando a cada uno de los productos, los insumos requeridos, como queso, carne, verduras etc. lo cual da como resultados deliciosos pasabocas de consumo inmediato y listos para la venta. Su día laboral inicia a las 8 de la mañana y termina a las 6 de la tarde, y sus compras las realiza en las centrales de abastos del municipio. Los principales clientes, están ubicados en el sector donde habita y tiene su negocio y su ideal propósito es lograr el reconocimiento de todos en su mercado objetivo.
En la actualidad todo el proceso lo hace manual y esto le exige cada vez mayor energía y genera mas cansancio. Ella en su empeño de crecer y responder al máximo a su clientela, está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará una cilindradora, con la cual mejorará sus tiempos productivos, pues dejará de amasar manualmente, y aumentará su capacidad de producción, haciendo de su crédito una inversión exitosa.

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

  • $11,100
    Average annual income
  • 470
    View loans »
    Colombia Loans Fundraising
  • $15,266,950
    Funds lent in using Kiva
  • 1,892.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Maria to buy a dough rolling machine.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 4, 2013
Listed
Nov 4, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014