Check out some available loans that are similar to this one!
Katerine
Katerine, 21, is the owner of a store that sells uniforms and clothing for policemen. Her idea arose after working for a store that sold the same line of articles and she saw that it was a profitable business so decided to branch out on her own. She rented a store location in the neighborhood of Los Almendros, just a few blocks from the police academy in the same neighborhood. She lives with her parents, and her business operates within full legal requirements. She has a licence from the chamber of commerce that was issued at the beginning of this year.

Her sales are the sum of everything she sells. She has very few accounts receivable since most of her transactions are carried out in cash, just as most of her purchases. She is need of capital to increase her stock since she has a number of good orders and great potential. Her accounts payable are low, as was expected since she has good financial autonomy which allows her to make payments when needed. The credikiva loan is her first through the Mario Santo domingo Foundation. She plans to buy different merchandise to stock her business, such as Elite and Aérea brand holsters, caps, cell-phone holders, printed neckerchiefs and ties.
View original language description ↓
Katerine de 21 años de edad es ya propietaria de un almacén donde vende uniformes y prendas de vestir especialmente para la policía. Su idea de negocio surgió después que dejó de trabajar en un almacén en el cual vendían la misma línea, que le dejaba buenos ingresos y por eso decidió emprender el suyo propio; así fue como inició en un local arrendado ubicado en el barrio los almendros, a pocas cuadras de la escuela de policía del mismo barrio. Ella vive en casa con sus padres y su negocio funciona con el lleno de los requisitos legales, tiene cámara de comercio expedida a principios del presente año. Sus ventas son un resumen de todas las mercancías que vende, maneja bajas cuentas por cobrar, debido a que el grueso de las ventas se realiza de contado, al igual que las compras las cuales las maneja en esta misma modalidad . En la actualidad requiere invertir capital de trabajo para aumentar inventarios, pues tiene buenos pedidos y un gran potencial, porque presenta bajo endeudamiento actual y esperado y una buena autonomía financiera, lo que le permite cubrir los pagos de la solicitud realizada. Su credikiva es el primer financiamiento que hace a la Fundación Mario Santo Domingo, con el comprará mercancía para surtir su negocio, pues en su oferta quiere contar con chapuza falega, elite, aérea, gorras, portacelular, pañoletas estampadas y moñas.

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
  • 177
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 1,747.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Katerine to buy different brands of holsters, caps, cell-phone carriers, printed neckerchiefs and ties.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2011
Listed
Jul 22, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012