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Delfina
Delfina and her husband have a store which is located in Las Nieves neighborhood, on the main road. The business is registered with the Chamber of Commerce and in it they sell provisions, groceries, drinks, meat and essential household products. Delfina has 16 years experience and has been running her store in these rented premises for 7 years. She has built up an image that creates good personal and commercial references. 92% of Delfina's sales are cash sales and she maintains a margin of no less than 20% as she has a high stock turnover period for her sales volume. She buys from her suppliers with cash and her stock turnover period is 25 days.

When Delfina and her husband set up their store "El Descanso Costeño" they used the severance pay that her husband received from when he used to work in the city of Bucaramanga, in Santander department. Before setting up their own business, they worked in stores belonging to family members in order to gain good experience. Seven years ago they turned this experience into their own way of earning money, working for themselves in their own store.

Delfina will use her Kiva loan (which is her first loan) to buy products with which to stock her business as Father's Day is approaching and families celebrate this day by giving gifts to their fathers. Delfina plans for them to find these gifts in her store.

Delfina's dream is to own her own home and a very comfortable business. She also plans to increase her working capital, which is her biggest challenge. It is necessary to work harder and harder ever day as a family.
View original language description ↓
Delfina y su esposo tienen una tienda ubicada en el barrio las nieves sobre la vía principal del barrio, el negocio se encuentra registrado en la Cámara de comercio y en él se dedica a la venta de víveres, abarrotes, bebidas, carnes, productos de la canasta familiar y de primera necesidad, en general. Delfina tiene 16 años de experiencia y 7 de funcionamiento en el mismo local arrendado, en el cual ha construido una imagen que genera buenas referencias personales y comerciales a su alrededor. El 92 % de sus ventas son de contado y maneja un margen no menor de 20% debido a que hay una alta rotación de mercancías por volumen de ventas, las compras a sus proveedores las realiza de contado y maneja inventarios que rotan cada 25 días . Cuando iniciaron la tienda “El descanso Costeño”, acudieron a una liquidación del esposo de Delfina cuando trabajaba en la ciudad de Bucaramanga en el departamento de Santander. Antes de emprender su negocio trabajaron en tiendas de sus familiares para lograr una buena experiencia, que hace 7 años convirtieron en su propia forma de ganar dinero, con un trabajo independiente, como el de la tienda; con su credikiva, que es su primer financiamiento comprará productos de miscelánea, para surtir su negocio a propósito del día del padre que se acerca, en el cual las familias celebran entregando regalos al progenitor del hogar, que delfina planea que encuentren en su “Tienda el descanso costeño”, porque su sueño es tener su propia casa y un negocio muy confortable, y para aumentar su capital de trabajo, que es u mayor desafio, es necesario esforzarse cada día mas en familia.

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
  • 365
    View loans »
    Colombia Loans Fundraising
  • $14,070,600
    Funds lent in using Kiva
  • 1,793.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Delfina to buy products for her general store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2011
Listed
Jun 21, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012