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Yarely
Yarely C. R. lives in the neighborhood of Villa Sol de Soledad. She has three children between the ages of 10 and 16. Yarely previously worked for a company and also had a side business preparing and selling food. However, her health began to deteriorate and now works as an independent sales representative offering products such as cosmetics, kitchenware, accessories, and silver jewelry through specialized catalogs. Yarely also manages a small store in the house of her godmother, who has provided her with much support.


Four years ago, Yarely started her business when a friend also joined the catalog program. She now shows her products through a promotional system and selects only those customers who have the ability to pay in order to avoid losing money. Yarely says she has been able to move her children forward and make all the necessary efforts to grow her business. She receives a great deal of financial and emotional support from her husband, who helps her to remain calm.


At the moment, she is requesting a loan from Fundación Mario Santo Domingo in the amount of 2,000,000 COP to purchase items from which she will receive commission such as costume jewelry, cosmetics, and perfumes. Yarely has participated in the FMSD programs for two years and says this loan will increase her capital so that she can begin investing in the construction of her house. She also says FMSD allowed her to get out of a job that was damaging to her health and work independently. In addition, she believes that the organization gives financial access to good clients like her who cannot afford to conduct business in cash but have opportunities to take advantage of sales promotions for products offered in the catalogs.


Her dream is to finish her house, which is in the advanced stages of construction, and make it more habitable. She hopes to spend time with her family because she currently lives at her parents’ house. Yarely wants her children to become prepared and take advantage of her efforts to create opportunities for them while they are healthy and young.

View original language description ↓
Yarely C. R., vive en el barrio Villa Sol de Soledad, ella tiene 3 hijos entre 10 y 16 años de edad; antes trabajaba en una empresa y simultáneamente se dedicaba al comercio, pero como trabajaba en el área de preparación de alimentos, su salud empezó a deteriorarse y en la actualidad tiene un trabajo independiente: se dedica a vender mercancías como cosméticos, artículos de cocina, accesorios y prendas de plata, mediante revistas especializadas y también tiene un pequeño punto de ventas ubicado donde en la casa de su madrina quien la ayuda mucho.

Inició su negocio hace 4 años cuando una amiga la incorporó al programa de una revista, ahora ella muestra los productos que ofrece mediante este sistema de promoción y selecciona solo a clientes que tengan capacidad de pago para no perder dinero. Dice que para sacar a sus hijos adelante ella debe hacer todos los esfuerzos necesarios para hacer crecer su negocio, aunque recibe un gran respaldo de su cónyuge a nivel económico y emocional, esto la hace sentirse tranquila.

En la actualidad solicita a la Fundación Mario Santo Domingo un crédito por valor de $2.000.000 para comprar artículos que tiene encargados como fantasías, cosméticos y perfumes, desde hace dos años está con los programas de esta organización y ella dice que con este dinero ha podido aumentar su capital, invertir en el levante de muros de su vivienda y le ha servido de mucho porque pudo salirse de un empleo que le estaba haciendo daño a su salud y trabajar de manera independiente; también considera que con ellos puede tener dinero disponible para buenos clientes que no tienen para comprar de contado y ella los financia y aprovecha las ofertas que traen los productos exhibidos en las revistas.
Su sueño es terminar de construir su casa que ya está muy avanzada y ponerla mas habitable, para pasarse con su familia porque en la actualidad vive en la casa de sus padres. Quiere que sus hijos se preparen y progresen y que aprovechen los esfuerzos que ella puede hacer ahora que tiene buena salud y juventud.

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
  • 247
    View loans »
    Colombia Loans Fundraising
  • $13,361,775
    Funds lent in using Kiva
  • 1,973.9
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Yarely purchase costume jewelry, cosmetics, and perfumes.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2010
Listed
May 15, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011