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Niza Esther
Niza learned how to be a merchant over 20 years ago when she would accompany her mother who was also in this kind of business even though she never thought she’d support herself by it. She decided to call on it when her spouse lost his job and they needed to generate income to cover household expenses where there were three children whose ages were 9, 20 and 15.

So now, Niza works in her own business selling clothes, cosmetics, colognes and all sorts of merchandise that her customers order from her. She sells on credit to housewives, independent workers and employees who permanently refer new and good clients to her. Her greatest challenge is stretching her capital to be able to respond in an opportune way to her customers. This is why she approached Fundación Mario Santo Domingo to request a loan.

The Kiva loan will be her first loan and she’ll use it to respond to her customers that have requested clothes, shoes, colognes and general merchandise for men because Father’s Day is approaching and every family wants to flatter their father by giving him a gift.

Currently her children are studying. Her oldest son is in the university and she dreams with him that he’ll reach his objective of becoming a prestigious social communicator and that her other two children also will be able to access a quality education.

While Niza builds her dream she continues to work persistently to increase her capital generating a profit margin of no less than 25% which she means to increase aiming all her efforts toward this end. She is excited and willing to reach her personal and family goals in order to be happy with her husband and children.
View original language description ↓
Niza desde hace más de 20 años aprendió a ser comerciante porque acompañaba a su madre a que desempeñara esta actividad y aunque nunca pensó vivir de ella, decidió acudir a esta experiencia cuando su cónyuge quedó sin empleo y necesitaban generar ingresos para los gastos del hogar, en el cual existen 3 hijos en las edades de 9, 20 y 15 años. Así que ahora Niza trabaja en su propio negocio de vender ropa, cosméticos, colonias y toda mercancía que encarguen sus clientes. Ella vende a crédito a amas de casa, trabajadores independientes, empleados que permanentemente le refieren nuevos y buenos clientes; su mayor desafío es hacer que le alcance su capital de trabajo para poder responder oportunamente a sus clientes y esta es la razón por la cual se acercó a la Fundación Mario Santo Domingo para solicitar un crédito; el credikiva es el primer financiamiento y lo aprovechará para responderle a sus clientes, que han solicitado ropa, calzado, colonias ye general mercancía masculina, pues se acerca el día del padre y cada familia quiere halagar a su progenitor haciéndole un regalo. En la actualidad sus hijos estudian y su hijo mayor está en la Universidad y sueña con que él, logre alcanzar su objetivo de ser un comunicador social prestigioso y que sus otros dos hijos también, puedan acceder a una educación de calidad. Mientras Niza construye su sueño, continua trabajando persistentemente para aumentar su capital, generando una rentabilidad no menor del 25 % la que planea incrementar, dirigiendo todos sus esfuerzos hacia ello, porque está entusiasmada y dispuesta a alcanzar sus metas personales y familiares con tal de sentirse feliz con su esposo y sus hijos.

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
  • 253
    View loans »
    Colombia Loans Fundraising
  • $13,361,775
    Funds lent in using Kiva
  • 1,830.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Niza Esther to buy clothes, shoes, colognes and general merchandise for men.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2011
Listed
Jun 4, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012