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Mónica B.’s first Kiva loan went very well, and she has planned to renew it because she needs to supply her business for the month of December. She tells us that she has counted on Fundación Mario Santo Domingo for good counsel and service.

Currently, she would like to access the market of students from the surrounding schools. She will use her new Kiva loan to buy food and sweets that she will package nicely. Her hope is that her products will be purchased as economical and enjoyable Christmas gifts that the students can offer to their friends for the holiday season.

More information about Mónica’s history can be accessed at the following link:
View original language description ↓

Mómica B. con su primer credikiva le fué muy bien y ha planeado renovarlo porque necesita proveer su negocio para el mes de Diciembre , ella dice que ha contado por parte de la Fudación Mario Santo Domingo con una buena asesoria y buen servicio, ahora quiere acceder al mercado de estudiantes de los colegios de sus alrededores y va a comprar con su nuevo credikiva comestibles y dulcería que finamente empacará y que ofrecerá a sus clientes, para que sea comprado como un regalo navideño económico y agradable para obsequiar a sus amigos en estas festividades de fin de año.
Si quiere conocer mas sobre la historia de Mónica puede acceder al siguiente enlace:

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.

About Colombia

  • $11,100
    Average annual income
  • 307
    View loans »
    Colombia Loans Fundraising
  • $18,216,850
    Funds lent in using Kiva
  • 1,871.9
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Mónica to buy food and sweets that she will package nicely to offer to customers, so they can purchase them as economical and enjoyable Christmas gifts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 19, 2010
Nov 21, 2010
Currency Exchange Loss:
Dec 15, 2011