Funded

Total loan: $875
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Ailyn Andrea

Colombia
Barranquilla, Colombia / General Store

A loan of $875 helped to buy basic family shopping basket items such as rice, oil, tins, cold meats and disposable products.


Ailyn Andrea's story

Ailyn is 21 years old and lives with her partner and her 3 year old daughter in the south of the city, in an area which is made up of houses and residential blocks. It is also where one of the most important football stadiums of Colombia is found, and where professional football teams, such as Junior, the team of the city and of the north coast of Colombia, play.

Here is where Ailyn has a general store, where she sells foodstuffs, snacks, tins, cold meats, vegetables and disposable items. Her business idea came about 8 years ago through the Turkish roots from her mother, whose strong point was her business activities. Her sales are all cash sales. She opens her store daily to serve the public from 7 o'clock in the morning until 10 o'clock at night.

She buys her stock wholesale in the city, where she has the opportunity to obtain discounts and can offer more competitive prices. As her market grows, her buying capacity is now not enough to access these opportunities. This is why she is requesting a loan, her first loan cycle with Fundación Mario Santo Domingo. With this loan she will buy basic family shopping basket items such as rice, oil, tins, cold meats and disposable products.

With this loan her work capital will increase and she will be able to buy in greater volume and at a more competitive price, which will give her greater sustainability in her market, as competition is her greatest challenge when she does not have enough work capital to buy her products.

Translated from Spanish by Kiva volunteer Laura Darby



Loan details

Loan length:

10 months
Disbursed date: April 12, 2013
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: April 12, 2013
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)