Check out some available loans that are similar to this one!
Vilma Evelia
Vilma is 54 years old and has a business renting PlayStations and other video game systems. She started this activity 15 years ago when she was living in the city of Medellín with her husband and their two children, ages 26 and 29. After her husband died she came to the town of Malambo to her mother's home and eight years ago started a business offering recreational options to kids and youths through video games. Over many years Vilma's business did not have any competition and she was able to strengthen it some. A little while ago a neighbor started up a similar business, and Vilma needs to improve her service and modernize so she can compete. For this reason, she is turning to a Kiva loan to purchase a television, an Xbox, controllers and video games, and her goal in the future is to improve her storefront. She is requesting the loan to increase her working capital and generate alternatives for her customers to access modern and educational games.
View original language description ↓
Vilma de 54 años tiene un negocio de servicios de alquiler de PlayStation, elL. inició esta experiencia hace 15 años, cuando vivía en L. ciudad de Medellín con su esposo y sus dos hijos en las edades de 26 y 29 años. Una vez su esposo falleció llegó al municipio de Malambo a casa de su madre e inició hace 8 años su negocio donde ofrece alternativas lúdicas a niños y jóvenes a través de videojuegos. Durante muchos años el negocio de Vilma no tuvo competencia en el sector y lo logró fortalecerlo un poco. Hace corto tiempo un vecino emprendió esta actividad y elL. necesita mejorar el servicio y modernizarlo, para poder competir, por eso recurre a su credikiva para comprar 1 televisor, un XBOX, controles y cassette de juegos y tiene como meta más adelante mejorar su local. En L. actualidad está solicitando su credikiva para aumentar su capital de trabajo y generar alternativas a sus clientes de acceder a juegos modernos e instructivos.

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
  • 265
    View loans »
    Colombia Loans Fundraising
  • $13,496,050
    Funds lent in using Kiva
  • 1,825.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Vilma Evelia to purchase a television, an Xbox, controllers and video games.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2011
Listed
May 27, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013