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Judith
Judith lives in the city of Barranquilla and this is where she carries out her business. She lives with her husband and two children who are 3 and 5. She started her business 13 years ago, selling a variety of merchandise with minimal capital. Gradually, with the support of a family member, she managed to increase her working capital and she gradually added other products such as sweet treats and home products, perfumes, ladies' accessories, etc. At the same time, she increased her number of customers. Through her links to Fundación Mario Santo Domingo, Judith has managed to become a stronger entrepreneur, through the training programs which she has attended. Her loans have allowed her to increase her capital and her business vision.

Judith's dream is now focused on continuing to work hard in her business so that she can manage to own her own home. She plans to apply to join the Villas de San Pablo macro project in the city which is run by Fundación Mario Santo Domingo as part of the fulfilment of their mission to develop sustainable communities. Judith's greatest challenge is managing her time as she must also meet her responsibilities as a mother and a wife. While she achieves her dreams, she continues to ensure that she maintains a profitability on her sales of no less than 29%. She plans to increase this figure with her Kiva loan. Judith will use her loan to buy bedspreads, perfumes and ladies' accessories that she has orders for and this will be a successful experience thanks to her discipline and her great experience in selecting profitable customers, in order to achieve healthy sales on credit.
View original language description ↓
Judith vive en la ciudad de Barranquilla donde desarrolla una actividad comercial y vive con su cónyuge y sus dos hijos en las edades de 3 y 5 años. Su negocio lo inicio hace 13 años vendiendo mercancía variada con un mínimo capital. Gradualmente con el apoyo de un familiar logró aumentar su capital de trabajo y fue agregando poco a poco otros productos como dulces y artículos para el hogar, perfumes, accesorios femeninos etc., con los que también fue incrementando su clientela. Judith mediante su vinculación a la Fundación Mario Santo Domingo ha logrado fortalecerse como emprendedora, mediante programas de capacitación en los cuales ha participado, formalización empresarial y sus créditos le han permitido incrementar su capital y todo ello su visión empresarial.
El sueño de Judith ahora se concentra en continuar trabajando fuertemente en su negocio, para lograr tener su casa propia y para eso planea su postulación al macroproyecto Villas de San Pablo en la ciudad, promovido por la Fundación en el cumplimiento de su misión de desarrollar comunidades sostenibles. Su mayor desafío es el manejo del tiempo pues también debe responder a sus responsabilidades de madre y esposa. Mientras sus sueños se cumplen Judith continua esmerándose por sostener una rentabilidad sobre las ventas no menor de 29%, que planea aumentar con su credikiva con la cual inicia su trabajo y lo dirigirá a la compra de cubrelechos, perfumes y accesorios femeninos, que tiene encargada y generaran muy seguramente una experiencia exitosa debido a su disciplina y gran experiencia en la seleccion de clientes rentables, para lograr ventas a crèdito sanas.

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
  • 163
    View loans »
    Colombia Loans Fundraising
  • $13,203,500
    Funds lent in using Kiva
  • 1,745.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Judith to buy bedspreads, perfumes and ladies' accessories that she has orders for.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2011
Listed
Jul 21, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012