Check out some available loans that are similar to this one!
Nerly G. has her own business selling stationery supplies, cosmetics and ladies' accessories. With a little bit of capital she began selling beauty products and was so successful once she established a customer base that she decided to reinvest her earnings. She added three display cases to enhance her corporate image and began growing in the market. Through her business she has been able to cover her personal expenses and meet her son's needs.

Her dream and biggest challenge is to expand and have a shop one day so she can increase earning and give her son a good education so he can have a successful career. Though she has her own working capital, many times she needs more money to meet customer demand. Her goal is to be able to stock a little bit of everything so she can position her business well.

This is Nerly's first loan through the Mario Santo Domingo Foundation. She plans to use it to buy school material, clothing accessories and sandals for the school year which is about to begin. Her products have a high rotation rate now that youths and adults are going back to school.
View original language description ↓
Nerly G. tiene un negocio de variedades donde vende papelería, cosméticos y accesorios femeninos. Ella con un pequeño capital deicidio empezar a vender productos de belleza y le fue muy bien cuando comenzó a ganar clientes y a reinvertir sus ganancias; así fue que cuando fue creciendo en mercado, adicionó tres vitrinas para organizarlo mejor y lograr una imagen empresarial apropiada. Con su negocio ha logrado responder a sus gastos personales y a las necesidades de su hijo. Su sueño y gran desafío es convertirlo en un gran almacén para continuar aumentando sus utilidades y brindarle una educación que le asegure muchos éxitos profesionales a su hijo. Aun que posee un capital de trabajo, muchas veces requiere de más dinero para responder a los clientes, pues aun no tiene todo lo que ellos piden y su meta es tener un poco de cada producto para que ellos encuentren lo necesario y Nerly logre el posicionamiento de su negocio.
Este es su primer financiamiento con la Fundación Mario Santo Domingo y también su primer credikiva con el cual comprará útiles escolares, interiores, accesorios de vestir y sandalias, aprovechando la temporada escolar, que es la que impera en este momento, en el que jóvenes y adultos ingresan a clases y sus productos rotan frecuentemente.

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

  • $11,100
    Average annual income
  • 356
    View loans »
    Colombia Loans Fundraising
  • $15,636,375
    Funds lent in using Kiva
  • 1,881.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Nerly to buy stationery supplies, school materials, ladies' accessories and school shoes.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Jan 31, 2011
Feb 22, 2011
Currency Exchange Loss:
Sep 15, 2012