Check out some available loans that are similar to this one!
Maritza
Maritza has had a restaurant for 35 years, where she sells both comida corriente [a daily set menu] and a la carte. She also sells bollos de mazorca, which are rolls of corn dough that are wrapped in husks, steamed and served with shredded cheese. Maritza received the restaurant from her mother, who asked her to look after it while she took some time off. Since that time, Maritza has not stopped.

Maritza’s restaurant is located in her own home, and it is open every day from six in the morning until three in the afternoon. She makes her sales in cash and on credit, and she buys what she needs in cash at wholesale warehouses in the municipality of Puerto Colombia, which is on the edge of the Caribbean Sea.

Maritza’s goal for the future is to separate the restaurant from her home and remodel her house to make it more relaxing and comfortable for her family.

Maritza currently has a contract to provide lunches, which has improved her income and brought her new customers. She says that she is applying for a Kiva loan because her ability to purchase supplies is less than what she needs. Maritza will use this loan to buy supplies in larger quantities so that she can meet the increased demand of her new customers. She says that she will make the most of her Kiva loan to increase her sales and her profit.
View original language description ↓
Maritza hace 35 años tiene un restaurante, donde vende comidas corrientes y a la carta, además de bollos de mazorca, un amasijo de maíz envuelto y cocido al cual le agrega queso. Su negocio lo recibió de su madre cuando le dijo que lo atendiera para descansar un poco y desde esa época no se detiene. El restaurante se encuentra ubicado e su propio domicilio y vende de contado y a crédito durante todos los días, desde las 6 de la mañana hasta las 3 de la tarde en su propia vecindad. Sus compras las realiza de contado y en depósitos mayoristas del municipio de Puerto Colombia, ubicado a orillas del Mar Caribe. Sus metas mas adelante consisten en independizar el negocio de la vivienda y en remodelar su casa para tener un poco de mayor sosiego familiar y sentirse mucho más confortable. En la actualidad Maritza tienen un contrato de suministro de almuerzos, que le generará nuevas ganancias y una nueva clientela, pero su capacidad de compra es inferior a su requerimiento, por esta razón está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará víveres para dar respuesta a su nuevos compradores fijos. Con esta inversión aumentarían sus ventas y sus utilidades, para hacer de su credikiva la mejor inversión.

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.

Tags

About Colombia

  • $6,070
    Average annual income
  • 306
    View loans »
    Colombia Loans Fundraising
  • $13,782,800
    Funds lent in using Kiva
  • 1,916.9
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $925 helped Maritza to buy supplies for her restaurant in larger quantities.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2013
Listed
Nov 10, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 20, 2014