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Nelsy Sofia
Nelsy Sofia M. S. is married and has two children aged 12 and 15. She started her business selling merchandise as she needed to make an income for her family so that she could support her husband in running their household. Above all, she wanted to be able to look after her family, work independently and be her own boss.

This is Nelsy's second loan from Fundación Mario Santo Domingo. By working with the organization, she has managed to increase her working capital and gradually increase her profits. She will use her Kiva loan to buy thongs (flip flops), notebooks, sweaters, shirts, threads, buttons, deodorants and jeans to sell. Her dream is to own another sales location in a shopping mall where she will be able to expand more easily. Her main challenge is being able to buy what people need and are requesting because she has very little capital in relation to the increase in her number of customers. In the meantime, she continues to experience a rapid turnover of stock, make profits, re-invest them and cover her family expenses.
View original language description ↓

Nelsy Sofia M. S. es una mujer casada que tiene 2 hijos en las edades de 12 y 15 años; ella iniciò el negocio de vender mercancias impulsada por la necesidad de generar un ingreso familiar, para apoyar la gestion de su esposo en el hogar, pero sobre todo para atender a su familia y trabajar independientemente, con tal de ser su propio jefe. Este es el segundo financiamiento que recibe de la Fundaciòn Mario Santo Domingo, organización con la cual ha logrado aumentar su capital de trabajo y gradualmente sus ganancias, tema en el cual trabaja cuando acude a finanaciamientos. Con su credikiva comprarà chancletas, libretas, sueteres, camisas, hilos, botones, desodorantes y jeans para la venta. Su sueño es tener otro punto de ventas en un centro comercial, donde logre expandise con mayor facilidad. Su màximo desafio es lograr comprar lo que la gente necesita y le solicita, porque tiene muy poco capital con relaciòn al aumento de sus clientes. Mientras tanto continua rotando rapidamente sus inventarios para ver la utilidad, reinvertirla y cubrir sus gastos familiares.

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
  • 503
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,817.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Nelsy Sofia to buy thongs (flip flops), notebooks, sweaters, shirts, threads, buttons, deodorants and jeans to sell.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 6, 2011
Listed
Apr 11, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012