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8%
Funded
$38
Gifted
$475
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2 people are supporting Maria Galindo

Maria Galindo

City: Bogota Country: Colombia Loan Use: To stock her business.
Loan Term: 16 Date Posted: April 17, 2019 First Repayment: August 15, 2018
Opportunity International Client Maria Galindo

María lives in Bogota in a remote neighborhood in the south of the city. She is the mother of four adult children. María used to work as a cleaner to support her family. It was a very hard job considering the distance and the type of work. She grew tired of the work and she decided to start a grocery store in her neighborhood. In the beginning, she had not money enough to support her family on just the income from the shop, so she had to continue working in the mornings as a maid. Then one day, a neighbor who was a member of a Trust Group, talked to María about Opportunity. María liked the programs and services offered and asked for a loan to stock her business. The sales started to rapidly increase, and her financial situation started to improve too. María has expanded the store and she has been able to stop working as a maid and has even started a second business—a computer/Internet cafe—with the plan of employing her sons there.

Frequently Asked Questions

How do entrepreneurs become Opportunity International loan clients?

Opportunity International conducts interviews with prospective clients to get a better understanding of their situation, so we can construct a loan that’s tailored to their needs and capabilities.

If I help fund a loan, should I expect to be paid back?

When you help to fund a loan, you are making a donation to Opportunity International. When those funds are repaid by the client, the funds remain in the country where the original client’s loan was disbursed, so that it can help fund more loans. Your initial gift continues to have an impact after the first loan is repaid.

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