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Belia Cecilia
Belia G. lives with her parents and a sister in San Juan Nepomuceno in the Bolívar municipality. She lives in a neighborhood where many of the inhabitants belong to the educational sector. In general, the people in the community are characterized as being supportive neighbors.

She studied Hotel Administration, and she lived in Cartagena for 20 years. She knew a lot of people there, and she got the idea to sell clothes. She got her initial merchandise through catalogs. A little over two years ago Belia worked for a company that closed. She used her savings to build her place and created her business, Belia Boutique.

Once again she went to live in San Juan Nepomuceno, the place where she was born. She continues to take care of her customers from Cartagena, and she is adding to her business with new customers from Juan Nepomuceno.
The business has been very important to her because she is economically dependent upon it. This is true even though she receives income from her apartment, which is rented because she lives in her parents’ house.

She is currently asking for her first loan with the Fundación Mario Santo Domingo for 2,300,000 COP. She will buy clothing and elegant footwear for women, men, and children, which has been requested by her customers.

Her dream is to expand her place and to later on have a car. She would use the car to travel and bring merchandise from Bogotá and Medellín. Her big challenge is continuing to be unemployed and supporting herself with her business.

Another big challenge and lesson was when she gave credit to people she did not know, and she lost part of the money she had saved. The bills she had to pay grew, and there was money she could not collect. She does not have that now. Finally, with this negative experience she learned to be very careful choosing her customers. That is precisely what she now does, and it makes her choose them well.
View original language description ↓
Belia G. vive con sus padres y una hermana en San Juan Nepomuceno, municipio de Bolívar, en un barrio donde muchos de sus habitantes pertenecen al sector educativo y la comunidad en general se caracteriza por ser vecinos solidarios.
Ella estudió Administración Hotelera y vivió 20 años en Cartagena, donde conoció a mucha gente y le surgió la idea de vender ropa o prendas de vestir, realizando su mercadeo inicial mediante catálogos. Belia hace un poco mas de 2 años, trabajó en una empresa que cerraron, y con sus ahorros construyó un local y creo su negocio “Belia Boutique” cuando se fue a vivir nuevamente a San Juan Nepomuceno, lugar donde nació y sigue atendiendo a su clientela de Cartagena y agregando a su negocio nuevos clientes de San Juan Nepomuceno. Para ella su negocio ha sido muy importante, porque depende económicamente de él, aunque también recibe sus ingresos de su apartamento, arrendado porque vive en casa de sus padres. En la actualidad aplica a primer crédito con la Fundación Mario Santo Domingo por valor de $ 2.300.000 para comprar prendas de vestir para damas caballeros y niños, y calzado elegante ya solicitado por sus clientes.

Su sueño es ampliar su local y más adelante tener un carro para viajar a traer mercancías desde Bogotá y Medellín. Su gran desafío fue quedar desempleada y sostenerse mediante su negocio y otro de sus grandes desafíos y aprendizaje, fue la cuando hizo una oferta inicial de créditos a pesonas que no conocía y perdió parte de su dinero ahorrado, porque las cuentas por cobrar crecieron, pero quedaron dineros incobrables, con los que ya no cuenta; finalmente con esta experiencia negativa aprendió a ser muy cuidadosa en la selección de sus clientes y en la actualidad eso es precisamente lo que hace elegirlos bien.

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
  • 516
    View loans »
    Colombia Loans Fundraising
  • $14,666,500
    Funds lent in using Kiva
  • 1,918.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Belia Cecilia buy clothing and elegant footwear for women, men, and children; which has been requested by her customers.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2010
Listed
Apr 8, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011