Funded

Total loan: $1,200
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Ernestina

Colombia
Barranquilla, Colombia / General Store

A loan of $1,200 helped to buy cooking oil, rice, grains, drinks and meat.


Ernestina's story

The store "La Flor de Oro" enjoys a strong patronage from the neighbors of the Carrizal neighborhood in the southern part of Barranquilla. The owner, Ernestina C. R., 52, is a stout-hearted woman who provides careful attention to every person who enters this business, which has given her everything and to which she has dedicated herself. Ever since she was left a widow with 3 children, she has been responsible for all of the income and decisions of the home. Through her efforts she has managed to put her children through school. Already one of them is a professional, and he has a family and a new income to cover the household expenses. Ernestina's business meets the needs of neighboring families, who use it to access grocery products that are typically bought by local households. She needs a loan in the amount of $2.3 million Colombian pesos to invest in the purchase of cooking oil, rice, grains, drinks, and meats, in particular. This is her 3rd loan with the Fundación Mario Santo Domingo; with the loans she has taken from this organization she has managed to increase her sales and support the education of her children. Her dream is to see her two unmarried children become professionals and have the possibility of a better future. Ernestina takes great care to improve the services to her customers so that her business will be sustainable in the market and her income will increase over time. Her greatest challenge was being left alone with 3 children after the death of her husband. She wants to expand her ability to receive credit so that she can provide a better offering of products to her customers.

Translator profile picture

Translated from Spanish by Kiva volunteer Lisa Grobar



Loan details

Loan length:

15 months
Disbursed date: April 21, 2010
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: April 21, 2010
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)