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Rosario
Rosario is a 51-year-old woman who lives in a metropolitan area of the city in a municipality. Her family is made up of her partner and her two sons, ages 24 and 33. In order to generate income, she does a little bit of everything. She sells cell phone minutes and top-ups, as well as sells sweets, and also manufactures woven dresses and tablecloths with her own hands.

Her business was born in 2011, from the need to generate more family income to support the upkeep and wellbeing of her home. Her workday begins at 7 in the morning and does not end before 10 at night, working like this every day, with the end of obtaining her goal to increase the family's income. Her greatest challenge is having enough working capital to strengthen her business.

Rosario is applying for a kiva loan, and it is her first loan from Fundación Mario Santo Domingo. With the loan she will purchase a computer to add internet and printing services for her clients. With this investment she will make the most of her clientele, who already know her. She will improve her business, and with greater income further strengthen her business.
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Rosario, es una mujer de 51 años de edad, que habita en un municipio área metropolitana de la ciudad, y conforma su familia con su cónyuge y sus dos hijos en las edades de 24 y 33 años. Para genera ingresos realiza de todo un poco, por un lado vende minutos a celulares y recargas, por otro lado vende confitería y por otro elabora con su propias manos, vestidos y manteles tejidos. Su negocio nació desde el año 2011, por la necesidad de generar ingresos familiares, que apoyaran la gestión de bienestar de su hogar. Su dia laboral inicia desde las 7 de la mañana y no termina antes de las 10 de la noche, trabajando así durante todos los dias de la semana, con el fin de lograr su meta de aumentar los ingresos familiares. Como su mayor desafio es tener el capital de trabajo suficiente, para fortalecer su negocio, Rosario está aplicando a un credikiva, primer finaciamiento que hace a la Fundación mario Santo Domingo, mediante el cual comprará un computador para agregar el servicio de internet e impresión y ofrecerlo, este es un servicio complementario a las llamadas telefonicas y ha sido solicitado por su clientela. Con esta inversión aprovechará a su clientela, quien ya la conoce y mejorará su negocio, con mas ingresos fortaleciendo tambien su infraestructura empresarial.

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
  • 138
    View loans »
    Colombia Loans Fundraising
  • $12,792,775
    Funds lent in using Kiva
  • 1,901.4
    Colombia Pesos (COP) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $650 helped Rosario to purchase a computer to add internet access and printing services for her business.
27% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2014
Listed
Aug 20, 2014
Currency Exchange Loss:
Possible