Check out some available loans that are similar to this one!
Graciela
Graciela is a 44-year-old enterprising woman. She lives with her partner and their two children, ages 3 and 7, in the city of Barranquilla. She has a business there that offers many types of services. On the one hand she offers Internet and telecommunication services. She also sells clothes, sandals, school supplies and accessories. At a commercial corner in her own house, she began this business five years ago. Her brothers, who also have a similar business, motivated her. She saw that their business went well and that is why she started her own business, selling clothes in different neighborhoods around her house. This is how she obtained her first customers. Three years ago she moved to another house. She installed her business in a good place. She was able to display clothes and also other articles such as stationary and general supplies. Finally she added new display counters and goods in order to expand her offerings. Her business now has four computers and their respective booths; She also sells mobile telephone services. She developed her business with her niece, who is a great teammate. She sells her items by layaway to her neighbors. Her dream is to convert her business into a main location with branches. It will help pay for the education of her children. She hopes for them to become professionals and successfully reach their potential. This loan from KIVA is the first loan that Graciela has received from the Mario Santo Domingo Foundation. With it she will buy clothes, jewelry, paper articles, and ice cream in order to offer a greater diversity of products. As a Santander woman, Graciela says, “She knows a lot about business as it is what the people of the Santander Department are famous for and it is their principal characteristic”.
View original language description ↓
Graciela de 44 años es una mujer muy emprendedora, que vive con su cónyuge y sus 2 hijos en las edades de 3 y 7 años en la ciudad de Barranquilla. Allí tiene un negocio a través de cual realiza varias actividades, por un lado ofrece servicios de internet y de telecomunicaciones, así mismo vende ropa, chancletas, útiles escolares y accesorios, en un punto comercial ubicado en su propia casa. Su idea de negocio lo inició desde hace 5 años, cuando entusiasmada por sus hermanos también dedicados al comercio al detalle, observó que les iba muy bien y fue así como decidió emprender su propia aventura, vendiendo ropa en barrios diferentes al de su residencia, donde construyó su primera clientela. Desde hace tres años se mudó a otra vivienda y fortaleció su negocio en un local bien acondicionado, allí no solo empezó a exhibir su ropa sino nuevos artículos, como la papelería accesorios y variedades en general y finalmente añadió nuevos equipos y enseres para diversificar su oferta y convertir su negocio en lo que hoy es; en él cuenta con 4 computadores y sus respectivas cabinas, porque vende también el servicio de telefonía móvil. Su negocio lo desarrolla con su sobrina que es su gran colaboradora, allí vende principalmente de contado a vecinos del sector y su sueño es convertirlo en un punto de referencia para ubicar sucursales, las que en un futuro fortalezcan el emprendimiento de sus hijos, con los que sueña y tiene el gran desafío de ofrecerles las oportunidades de estudio, que le sean posible, con tal de llevarlos a que sean profesionales y potencialicen su éxito. El credikiva es el primer financiamiento que Graciela hace a la Fundación Mario Santo Domingo, con el comprará ropa, fantasías, artículos de papelería y helados para diversificar aún más su oferta, porque como mujer Santandereana, Graciela afirma “que sabe mucho de negocios, porque esa una gran tradición de los oriundos del departamento de Santander y es su característica principal.

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
  • 362
    View loans »
    Colombia Loans Fundraising
  • $14,083,800
    Funds lent in using Kiva
  • 1,778.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Graciela to buy clothes, imitation jewelry, paper articles and ice cream in order to diversify her business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2011
Listed
Jul 8, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012