Funded

Total loan: $1,100
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Zoraya

Colombia
Barranquilla, Colombia / Restaurant

A loan of $1,100 helped to buy food supplies and several plastic tables and chairs.


Zoraya's story

Zoraya C. Rodríguez has a restaurant in the north of the city of Barranquilla. She worked for a company for several years but when she lost her job she decided to set up her own business. Although she didn't have any experience in culinary matters, she managed to hire an expert cook who taught her all the secrets of the trade. Most of her sales are of reasonably-priced fast food. She has managed to attract a large customer base which is primarily made up of university students and people who work in nearby offices. This small businesswoman considers that the success of her business is down to the excellence of her meals, her reasonable prices and above all the kind service which she gives everybody who visits her establishment.

This is Zoraya's sixth loan with Fundación Mario Santo Domingo and her first Kiva loan. She plans to invest it in buying supplies and a number of plastic tables and chairs. She has always stood out because of the punctuality of her loan repayments and the enthusiasm which she has for taking part in all the activities which Fundación Mario Santo Domingo organizes.

Zoraya's restaurant sells on average 60 lunches a day at 4,000 Colombian pesos each. Her average profit margin is 41%. Zoraya plans to expand her sales of special dishes to nearby office workers with high incomes. As well as employing its owner, her business has also created jobs for three women who are heads of their families. Zoraya describes herself as a happy woman who really enjoys her work because she has daily contact with the public.

Translated from Spanish by Kiva volunteer Linda Oxnard



Loan details

Loan length:

21 months
Disbursed date: November 30, 2010
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

21 months
Disbursed date: November 30, 2010
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)