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Milena Patricia
Milena A. lives in the city of Cartagena and sells cosmetics through specialized catalogs that she presents to all of her customers. She also provides advice as to what products should be used based on a customer’s profile and conditions. Milena started her business two years ago when a neighbor convinced her to contact a company that sells through catalogs. After making her first sales, Milena enjoyed the work because of the income she generated since she was unemployed at the time. She had not been able to find a position as an administrative assistant.


This is her first loan with Fundación Mario Santo Domingo, as well as her first with Kiva. Milena will use the funds to buy cosmetic products such as crèmes, household products, jewelry, personal use products, make-up, and facial treatments to expand her inventory. She has already improved her income through her business and has plans to strengthen it even more. Her goal is to create jobs through her business because she dreams of traveling all over the world and making progress.

View original language description ↓
Milena A. vive en la ciudad de Cartagena y se dedica a la venta de productos cosméticos mediante revistas especializadas, así ella va donde todos sus clientes muestra su revista y también los asesora respecto a que productos pueden usar de acuerdo a sus perfil o condiciones. Desde hace dos años se ha dedicado a este negocio y logró su vinculación a esta empresa que trabaja comercialmente a través de catálogos, por medio de una vecina y desde que inició sus primeras ventas Milena empezó a gustarle esta actividad, porque le genera ingresos y se encontraba desempleada, porque como asistente administrativa no lograba ubicarse laboralmente. Este es el primer financiamiento con la Fundación Mario Santo Domingo y también es su primer credikiva, con el comprará productos cosméticos como cremas, productos para el hogar, joyerías, productos de aseo personal, maquillajes y tratamientos faciales, para ampliar su mercado. Con este negocio ha logrado mejorar sus ingresos y planea fortalecerlo mucho más, porque su meta es convertirse en generadora de empleos a través de esta actividad para ver cumplir su sueño de viajar por todo el mundo y progresar .

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
  • 192
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 1,892.9
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Milena Patricia purchase cosmetics, household products, jewelry, personal use products, make-up, and facial treatments.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2011
Listed
Feb 14, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012