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Luz Angela
Luz Ángela C. D. F. is a widowed woman and the mother of 3 children age 25 to 30 years. She is dedicated to the sale of merchandise by means of specialized product guides, an activity that she started in the year 2007, when her son lent her money to do it. She began selling cosmetics that she bought from magazines and also where she found discounts. This is her second loan from the Mario Santo Domingo Foundation, with which she will buy footwear and women's clothes, taking advantage of the fact that mothers day approaches and ensuring that she has merchandise in stock, so that the families can purchase their respective gifts. Her dream is to have a workshop where she can design and make her own clothing, but her greatest challenge is to improve the physical conditions of her dwelling for this purpose. In the meantime Luz Ángela continues to endeavor every day to manage to enlarge her income, working with an average profit margin of no less than 15%, with a projection of increasing it.
View original language description ↓
Luz Ángela C. D. F., es una mujer viuda, madre D. 3 hijos en las edades D. 25 a 30 años, dedicada a la comercialización D. mercancía mediante guías especializadas D. productos, actividad que inició desD. el año 2007, cuando su hijo le prestó dinero para hacerlo y comenzó vendiendo cosméticos que compraba a través D. revistas y también donD. encontraba descuentos. Este es el segundo financiamiento que recibe D. la Fundación Mario Santo Domingo, con él comprará calzado, ropa femenina aprovechando que se acerca el día D. las madre y tiene mercancías encargadas, para que las familias hagan su respectivo obsequio. Su sueño es tener una confección donD. ella misma pueda diseñar y confeccionar su propia ropa, pero su gran desafío es mejorar las condiciones físicas D. su vivienda para este propósito. Mientras tanto Luz Ángela continua esforzándose todos los días por conseguir aumentar sus ingresos y trabajando con una rentabilidad promedia no menor del 15 %, con una proyección D. incrementarla.

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
  • 162
    View loans »
    Colombia Loans Fundraising
  • $13,194,000
    Funds lent in using Kiva
  • 1,817.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Luz Angela to buy footwear and women's clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2011
Listed
Apr 11, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012