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Arcelia, 36, lives in the southwest of the city with her spouse and three children whose ages range from 6 to 19 years. She’s been living in the city of Barranquilla for 12 years since she left her native Copey in Cesar Department with her family in search of a better future for all of them. When she arrived at her parents’ house she started to sell fruit to help with family expenses and later on started to sell cheese and whey brought from Copey. With this activity they’ve been growing together as a family and they now have a house of their own. Her goal is to continue growing so that her children will become successful professionals.

While working toward reaching her dreams, she manages an accounts receivable of 7 days and a two day stock inventory turnover; her profit margin on sales is no less than 40%. Her greatest challenge is to obtain enough working capital to respond to growing clientele. This is why she’s calling on a Kiva loan to buy fruit, vegetables, yams, pumpkins, cheese and whey. Her investment augurs success because it’s based on prior customer orders and because her experience guarantees a good management of the transactions.
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Arcelia de 36 años de edad vive al sur occidente de la ciudad con su cónyuge y sus 3 hijos en las edades de 6 a 19 años de edad. Ella tiene 12 años de vivir en la ciudad de Barranquilla desde que salió desde su natal Copey en el departamento del Cesar, buscando con su familia un mejor futuro para todos. Cuando llegó a casa de sus padres, comenzó a vender frutas para apoyar el gasto familiar, posteriormente empezó a comercializar con queso y suero traído desde el Copey; con esta actividad han ido creciendo en familia y hoy cuentan con su propia casa. Su meta es continuar creciendo, para que sus hijos se conviertan en profesionales de éxito. Mientras trabaja para lograr sus sueños, maneja una rotación de cuentas por cobrar de 7 días, una rotación de inventarios de 2 días y una rentabilidad sobre las ventas no menor del 40% . Su mayor desafío es obtener el suficiente capital de trabajo, para responder a la creciente clientela. Esta es la razón por la cual acuden a su credikiva, con el cual comprará frutas, verduras, ñame, ahuyama, queso y suero. Su inversión visiona su éxito, porque se fundamenta en pedidos de sus clientes y porque su experiencia potencializa un buen manejo de las transacciones.

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
  • 357
    View loans »
    Colombia Loans Fundraising
  • $18,296,125
    Funds lent in using Kiva
  • 1,760.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Arcelia to buy fruit, vegetables, yams, pumpkins, cheese and whey.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 7, 2012
Mar 18, 2012
Currency Exchange Loss:
Apr 18, 2013