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Virginia Maria
27 year-old Victoria lives in Cundinamarca (Bogotá) with her husband and one-month-old daughter. She works together with her husband selling and repairing cell phones. They also sell accessories and repair jewelry and watches. They set up the business 4 years ago in San Fernando neighborhood where it is still located. This is a commercial area where there are stores selling vehicle spare parts and accessories. Victoria takes good advantage of this market in order to sell cell phone minutes and cell phone top ups for all the operators on the market.

This couple's business has assets which include a laptop, equipment for repairing jewelry, display cases and the cell phones which they sell. Their working capital is invested in the stock that they have for sale: cell phones, cases, hands-free phones, and other products. They sell for cash so they don't have accounts receivable, and their stock turnover period is 22 days. In the future, Virginia plans to set up another location but first she will try to position herself with completely distinctive and innovative products which will attract her existing (and potential) customers' attention and make them want to buy.

Victoria is currently requesting her first loan from Fundación Mario Santo Domingo which she will use to buy cell phones and accessories, and spare parts for cell phones, in order to improve her current stock and modernize her business. Victoria's dream is to continue building a prosperous and successful family future, together with her husband, so that when her daughter grows up she will enjoy the best well-being possible.
View original language description ↓
Victoria de 27 años vive en Cundinamarca (Bogotá), con su cónyuge y su hija de un mes de nacida ella trabaja junto con su esposo en la comercialización y reparación de celulares, venta de accesorios, arreglos de joyería y relojería, negocio que inició hace 4 años, en el barrio San Fernando donde aun lo tiene ubicado y es un sector comercial donde operan almacenes de repuestos para vehículos y lujos, mercado que Victoria aprovecha muy bien para desde este punto vender minutos a celulares y recargas de todos los operadores que funcionan en el mercado. El negocio de esta pareja posee activos representados un portátil, equipos para el arreglo de joyas, vitrinas y celulares para la venta principalmente; su capital de trabajo está representado en inventario de mercancía para la venta: celulares, carcasas, manos libres, entre otros; realiza sus ventas de de contado por lo cual no tiene cuentas por cobrar y su rotación de inventarios es de 22 días.
Virginia planea mas adelante emprender un nuevo punto de servicios, pero primero intenta lograr posicionarse con productos totalmente diferenciadores e innovadores que despierten la atención y el interés de compra, por parte de sus clientes actuales y potenciales.
En la actualidad está solicitando su primer credikiva a la Fundación Mario Santo Domingo, con el cual comprará equipos celulares y accesorios, repuestos de celulares para mejorar el surtido actual y modernizar la venta. Mientras su sueño es continuar con su cónyuge construyendo un futuro familiar prosperó y exitoso para que cuando su hijo crezca, encuentre las mejores condiciones de bienestar que le sean posibles.

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
  • 268
    View loans »
    Colombia Loans Fundraising
  • $13,600,025
    Funds lent in using Kiva
  • 1,865.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Virginia Maria to buy modern accessories and spare parts for cell phones, in order to modernize her current stock.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2011
Listed
Mar 26, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 18, 2012