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Ana is 58 years old and lives in the city of Cartagena with her 20-year-old son. She arrived here from her birthplace of Tumaco in search of new horizons for her son, who is her primary motivation for working persistently and achieving future success. For this reason, she established a business selling various merchandise such as colognes, cosmetics, clothing, women’s accessories, household goods, and other items. She conducts cash sales and also extends credit to her loyal customers. Her growing customer base has exposed her lack of sufficient capital to respond to their orders. For this reason, she is applying for a Kiva loan, her first form of financing through Fundación Mario Santo Domingo.

Ana will use the money to buy large volumes of perfumes, cosmetics, talcum powders, and other merchandise that have been ordered by her customers so that she can respond to them in a timely manner. This will allow her to continue gaining credibility and positioning in the marketplace. Her dream for the future is to have her own shop with a large space. For this reason, Ana strives every day to establish convenient business relationships.

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Ana de 58 años vive en la ciudad de Cartagena con su hijo de 20 años, donde llegó desde su natal Tumaco, en busca de nuevos horizontes para su hijo, su principal motor para trabajar persistentemente y lograr su futuro exitoso. Esta es la razón por la cual emprendió su aventura de negocios donde vende mercancía variada como colonias, cosméticos ropa, accesorios femeninos, para el hogar etc, mediante la modalidad de contado y a crédito a clientes fieles. Su creciente clientela hacen que su capital de trabajo sea insuficiente para responderles y esta es la razón por la cual acude a su credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con la cual comprará en mayor volumen, perfumes, cosméticos, talcos, y mercancía encargada por sus clientes a quienes planea responder de manera oportuna, para continuar ganado credibilidad y posicionamiento en el mercado. Su sueño más adelante es tener un local comercial propio en grandes superficies y por eso se esfuerza en lograr diariamente relaciones comerciales convenientes.

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
  • 355
    View loans »
    Colombia Loans Fundraising
  • $18,296,125
    Funds lent in using Kiva
  • 1,792.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Ana to buy perfumes, cosmetics, talcum powders, and other products that have been ordered by her customers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 17, 2011
Sep 5, 2011
Currency Exchange Loss:
Jun 15, 2012