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Nancy Esther
Nancy V. is a married woman who owns the business 'La Terraza D. Nacho' (Nacho's Sidewalk Café) which is located in Las Palmas neighborhood in Barranquilla. Her business is located outsiD. her home and is surrounded by trees that refresh the stay of people who pleasantly enjoy the music and drinks she offers, together with their families.

Nancy started her business with her husband and childrens' help. She takes advantage of the fact that there is a soccer pitch opposite her home where people play soccer every day. On weekends and on holidays, they play championship matches. Nancy makes her largest number of sales on Saturdays, Sundays and holidays because people who play on the pitch don't only enjoy the music which is playing but also like to have refreshing drinks with their families. They spend the day with their families in Nancy's sidewalk café.

Nancy has been a member of Fundación Mario Santo Domingo for 5 years. Her Kiva loan is her fifth loan and she will use it to buy drinks and confectionery since the end of year is approaching and it is filled with parties. She hopes to increase her sales of soft drinks, alcoholic drinks and confectionery which will increase her return on investment by 20%. Her stock turnover is every 20 days, her return on sales is 25%, her current liquidity is 3.1%, her future liquidity is 2.1%. Her capacity to fulfill payment obligations with the loan is 68% and her future indebtedness is 49%.

Nancy's biggest challenge is to continue strengthening her business with each injection of capital that she makes. For this reason, she very much appreciates the loans she receives because with them she has managed to expand her business, help support her family, adapt her home and even maintain a healthy relationship which makes her really happy.
View original language description ↓
Nancy V. es una mujer casada propietaria del negocio “La Terraza D. Nacho”, un sitio en el barrio las Palmas D. Barranquilla, ubicado en la parte externa D. su vivienda y rodeado D. arboles que refrescan la estadía D. quienes van a compartir sanamente y en familia la música y las bebidas. Este negocio lo inició Nancy con la ayuda D. su esposo y D. sus hijos, aprovechando que frente a su casa está ubicada una cancha D. futbol, donD. practican ese deporte todos los días, y los fines D. semanas y festivos juegan partidos D. campeonato. Su mayor volumen D. ventas es justamente los días sábados, domingos y días feriados, porque la gente que juega en la cancha, no solo se divierte con la música que suena, sino que también toman bebidas refrescantes junto a sus familiares, es decir los convierte en día D. integración familiar que disfrutan es esta mencionada terraza. Nancy tiene 5 años D. pertenecer a la Fundación Mario Santo Domingo y con su credikiva, el quinto financiamiento, comprará refrescos, bebidas y confitería, pues se acerca el final del año lleno D. fiestas y con ello se aumenta el consumo D. bebidas, licores y confitería lo cual incrementará en un 20% la rentabilidad sobre la inversión, en tanto su rotación D. inventarios es D. 20 días, su rentabilidad sobre las ventas 25%, la liquidez actual 3,1%, liquidez futura 2.1%, su capacidad D. pago con el crédito es D. 68% y su endeudamiento futuro 49% . Su mayor desafío es continuar fortaleciendo sus negocio con cada inyección D. capital que haga a su negocio, por eso valora mucho los créditos, pues con ellos ha logrado ampliarlo y con ello contribuir con el sostenimiento D. su familia, así como adecuar su vivienda y hasta sostener una convivencia saludable, lo que la hace verdaderamente felíz.

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
  • 182
    View loans »
    Colombia Loans Fundraising
  • $12,852,400
    Funds lent in using Kiva
  • 1,899.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Nancy Esther to buy soft drinks, alcoholic drinks and confectionery wholesale.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 10, 2010
Listed
Dec 7, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011