Funded

Total loan: $600
Powered by 16 lenders

Mónica Lucia

Colombia
Arjona (Bolivar), Colombia / General Store

A loan of $600 helped to buy plants, groceries, and additional varied merchandise.


Mónica Lucia's story

Mónica Lucia lives in the Santa Lucia neighborhood of Arjona, a town in the Bolívar department, with her husband and three-year-old child. In this town everyone knows Mónica by her business called “Abasticos Dary Luz” where she sells cookies, sweets, and fruit as well as for having a small plant nursery where she cultivates plants with her own hands. She sells fruit, plants, flower pots, and also sells cell phone minutes with the business she started her micro business life with a year ago and gradually expanded with the other products already mentioned. Her vision is to convert her business into a big store that will help her to increase her income which she will accomplish gradually through her work, although she doesn’t have sufficient capital to do it. Right now she is requesting her first loan with the Fundación Mario Santo Domingo which she will use to buy plants, groceries, and additional varied merchandise. Her dream is to build a better future for her daughter by saving and using discipline in her business because she wants to offer her the opportunity of higher education, but while this is happening, Mónica Lucia continues working hard to reach a minimum level of profitability of 56 percent.

Translated from Spanish by Kiva volunteer Anna Ruby Waxham Blackwell



Loan details

Loan length:

14 months
Disbursed date: May 11, 2011
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: May 11, 2011
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)