Funded

Total loan: $1,125
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A loan of $1,125 helped purchase clothing, shoes, and cosmetics.


Betty's story

Betty Z. lives in the city of Cartagena, Department of Bolívar, with her husband and two children (ages 12 and 15). In 2007 she returned to Colombia with no money after living in Venezuela. The only asset that she had was the house she acquired as a result of working for such a long time. At that point, Betty decided to start from scratch. Her husband worked as a mason, but he had lost touch with all of his contacts in the construction business. For this reason, she started a business selling frozen treats, soft drinks, frozen fruits, and cheese snacks at the entrance of a school near her home. This allowed her to earn some money to support her family. As her husband started to find work, she began accepting orders and traveling to buy the items that her customers needed. In return, her customers would pay for all of their merchandise by a specified deadline. Gradually and judiciously, Betty was able to buy a display case for organizing her business and exhibiting her merchandise. With great effort and discipline in her work, she was able to move her children forward with their education. Betty hopes to fulfill her dream of seeing her children become professionals.

This is her first loan with Fundación Mario Santo Domingo. Betty will use the proceeds to buy clothing, shoes, and cosmetics since she sells more these products at the end of year and has already received orders for these items. Her dream is to convert her business to a large variety store where she can offer a little bit of everything that her customers need until her establishment becomes well-known. Her greatest challenge is to build up her operating capital every day, so the loans will help her in this regard.

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica



Loan details

Loan length:

21 months
Disbursed date: September 24, 2010
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

21 months
Disbursed date: September 24, 2010
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)