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Omaira Judith
Omaira B. is 52 years old and an enterprising hardworking woman who lives in the neighborhood of Las Nieves in southern Barraquilla, which is near the main road where many shopping centers are located. She works independently selling through specialized guides that offer products such as clothing and cosmetics, but she also drives to the shoe store to take advantage of bargains, discounts, or discontinued models. Omaira is well-connected since her daughter works at a shoe warehouse and lets her know when such opportunities exist. However, she needs the capital to be able to buy these items, so she decided to join Fundación Mario Santo Domingo based on a friend’s recommendation. She is now requesting a loan in the amount of 2,000,000 COP so that she can purchase merchandise from a brother-in-law who has a shoe business in Cartegena and sells at wholesale prices, so she will be able to increase her profit margin.


Omaira began her business when her husband was transferred to La Guajira, another Colombian department in the eastern part of the country along the Caribbean coast. At that time, she sold her products because she was familiar with the large warehouses in Barraquilla. She had worked with them previously, and they still continue to offer excellent prices. Her customers are also requesting jeans, so she is finding that such purchases are very profitable. Omaira has a friend who also sells through a catalog and gives her a 25% cut of the profit. Their goal is to find a location where they both can sell their products. Omaira hopes to find a space on a street corner where they can increase their income because they both want to settle in a place that is more commercially visible.

View original language description ↓
Omaira B. es una mujer emprendedora y trabajadora de 52 años de edad que vive en el barrio Las Nieves en el sur de Barranquilla, cerca de la vía principal donde hay muchos centros comerciales. Trabaja de una manera independiente principalmente a través de guías especializadas de productos, como ropa y cosméticos, pero también sabe manejar el mercado de calzados y aprovechar ofertas, descuentos o remates; con este fin, está pendiente de que hija que trabaja en un almacén de calzado le indique cuando hay tales oportunidades, pero para comprar así de contado se necesita capital y por eso ingresó a la Fundación Mario Santo Domingo por recomendación de una amiga. Ahora solicita un crédito de $2.000.000 que quiere invertir en la compra de calzado a un cuñado que tiene una comercializadora de calzado en Cartagena y se los vende a los precios que a él le salen al por mayor, así incrementará sus ingresos.
Omaira inició su negocio cuando a su esposo lo trasladaron a La Guajira, otro departamento de Colombia en la parte más oriental de la costa caribeña y en ese momento, empezó a comercializar productos porque conocía los grandes almacenes de Barranquilla, debido a trabajos anteriores que había realizado con estos y que aun en la actualidad le ofrecen excelentes precios: sus clientes le encargan jeans y ella puede tener mucha utilidad con tales compras, así mismo una amiga que también vende mediante catálogo le da el 25% de utilidad a ella y ahora las dos tienen la meta de asociarse en un local para vender los productos que cada una comercializa; Omaira espera que encuentren un local en una esquina que servirá para incrementar los ingresos de ambas, porque quiere ubicarse en un lugar más visible comercialmente

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

  • $6,070
    Average annual income
  • 275
    View loans »
    Colombia Loans Fundraising
  • $13,826,450
    Funds lent in using Kiva
  • 1,910.9
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Omaira Judith purchase shoes.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2010
Listed
Mar 22, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011