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Ariannys
Ariannys has two businesses; she sells supplies, food, groceries and products of basic need for the home, and she also sells fast food that she herself prepares. She opened her store three years ago as she knew the business very well since her family always made a living in this business; she has therefore continued the tradition. Her sales are primarily done in cash and on credit from Monday to Sunday, working from 6 in the morning until 10 at night. Her goal is to be able to open another store in order to obtain more earnings and to create a better quality of life for her family.

She is currently applying for a Kiva loan, the first financing that she has requested from Fundación Mario Santo Domingo, with which she will buy food items to stock her store, raw materials, and supplies to increase her production of fast food. Her business will improve with this investment, as she will increase her coverage of her customers and maximize sales at both of her businesses.
View original language description ↓
Ariannys tiene dos negocios; por un lado vende ranchos, víveres, abarrotes y productos de primera necesidad para el hogar, y por otro vende comidas rápidas que ella misma prepara. Ella hace 3 años inició con su tienda pues conocía muy bien la actividad en tanto que en su familia siempre se habían dedicado a ella y por eso continuó la tradición. Sus ventas las realiza principalmente de contado y a crédito de lunes a domingos trabajando desde las 6 de la mañana hasta las 10 de la noche. Su meta es lograr abrir otra tienda con el fin de obtener más ingresos y generar para su familia, una mayor calidad de vida. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará artículos de la canasta familiar para surtir su tienda y materias primas e insumos, para incrementar la producción de las comidas rápidas. Con esta inversión su negocio mejorará pues aumentará la cobertura de clientes y potencializará las ventas de sus dos negocios.

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
  • $13,867,525
    Funds lent in using Kiva
  • 1,887.5
    Colombia Pesos (COP) = $1 USD
Expired
A loan of $1,175 helped Ariannys to buy food items to stock her store, raw materials, and supplies to increase her production of fast food.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2014
Listed
Aug 17, 2014
Currency Exchange Loss:
Possible
Expired:
Sep 16, 2014