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Sandra
Sandra B. is a 30 year-old woman who lives in the Santo Domingo neighborhood with her husband and their 2 children, aged 10 and 4. She decided on her own initiative to start a business so she could increase the household income, buying merchandise such as women's clothing, and selling it to a small number of customers. Her dream to strengthen her business led her to persist and work constantly to expand it. In this way she started to attract new customers and now, not only does she sell clothing, but she also sell shoes, and she sells in large quantities, satisfying the demand of all of her good and profitable customers. Her goal and great challenge is to have a busy point of sales where she could offer a large variety of products, so that she could respond to the needs of her customers in a timely manner. Her greatest goal is to have her own home where she could also have space for her business. While she works toward that dream, she manages accounts receivable that rotate every 15 days, and a profit margin no less than 40 percent. She will continue to drive the performance of her business so that in the future she can accomplish her goals. Now she has come to the Fundación Mario Santo Domingo to apply for a Kiva loan that she will use to purchase clothing, shoes, and cosmetics. With these products she can fill outstanding orders from her customers, which will ensure that her investment will be successful.
View original language description ↓
Sandra B. es una mujer D. 30 años, que vive en el barrio Santo Domingo con su cónyuge y sus dos hijos en las edades D. 10 y 4 años ; elL. por iniciativa propia decidió aumentar sus ingresos familiares, comprando mercancía como ropa femenina y vendiendo a unos cuantos clientes, su sueño por fortalecer su negocio L. llevó a persistir constantemente y a trabajar para ampliarlo, así fue como empezó a conseguir nuevos clientes y ahora no solo venD. ropa sino también calzado en mayor cantidad y toda mercancía que solicitan sus buenos y rentables clientes. Su meta y gran desafío es tener un punto D. ventas muy concurrido con gran variedad D. productos para ofrecer, para que sus clientes se sientan satisfechos con su respuesta oportuna. Su gran desafío es tener una casa propia a L. que pueda adicionar un local donD. adecuar su negocio. Así mientras desarrolL. su sueño, maneja unas cuentas por cobrar que rotan cada 15 días, un margen D. utilidad no menor D. 40% y continúa ordenando su desempeño, para cumplir mas adelante sus propósitos. En L. actualidad acuD. a L. Fundación Mario Santo Domingo para acceder a un credikiva, con el cual comprará ropa, calzado, cosméticos sobre pedidos que han hecho sus clientes, lo cual garantiza que su inversión sea exitosa.



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
  • 496
    View loans »
    Colombia Loans Fundraising
  • $14,967,675
    Funds lent in using Kiva
  • 1,870.9
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Sandra to buy clothing, shoes and cosmetics to fill her customer's orders.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 30, 2011
Listed
Mar 28, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012