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Noris Alicia
Noris is 53 years old and lives in Soledad, a town near the city of Barranquilla. She has three children (ages 19, 25, and 31). Noris has an established business where she has been selling cosmetics through specialty catalogs since 2000. She has developed a large market and worked her way up to becoming a director over a group of sales representatives. As a result of boosting her sales and acquiring enough capital, she was able to get promoted within a three-year period. At that point, she also decided to sell shoes and then added a line of natural health products that she continues to offer to this day. Noris distributes her products to neighbors, relatives, and to several referrals since they are her best customers.


Since joining Fundación Mario Santo Domingo, Noris has been able to diversify her products and now dreams of continuing to expand her customer base. However, she does not have sufficient capital that will allow her to fulfill her customers’ orders in a timely manner. Her greatest challenge is finding a retail shop in the city of Barranquilla where she can generate cash sales and maintain a healthy list of profitable customers. While she works to attain this goal, Noris is able to maintain profitability from her sales of no less than 14%. She plans to utilize her loan as an injection of operating capital. This Kiva loan is her second one with Fundación Mario Santo Domingo. She will use the funds to buy a variety of merchandise including natural products, shoes, cosmetics, and perfumes that have been ordered by her customers. Noris wants to respond to these orders in an effective manner.

View original language description ↓
Noris de 53 años vive en Soledad, municipio muy cerca de la ciudad de Barranquilla, y tiene tres hijos en las edades de 19, 25 y 31 años de edad. Allí en este municipio estableció su negocio de vender mercancías cosméticas, mediante guías especializadas de productos desde los años 2000, desarrollando un gran mercado, que la llevó a convertirse en directora de grupos de vendedoras e impulsar las ventas y conseguir un capital que la impulsó durante tres años, donde adicionó calzado y poco a poco fue organizándose en la línea de productos médicos naturales, con los que hoy trabaja también, distribuyéndolos entre su clientes, que son sus vecinos, familiares, y muchos referidos de sus mejores compradores. Desde su vinculación con la Fundación Mario Santo Domingo ha logrado diversificar sus productos y tiene el sueño de continuar incrementando su clientela, pero su capital no es suficiente para responder a pedidos de manera muy oportuna. Su mayor desafío es tener un punto comercial en la ciudad de Barranquilla, donde mayormente venda de contado y continuar manteniendo una cartera sana conformada por clientes rentables. Mientras esto ocurre, Noris trabaja con el firme propósito de lograrlo, manejando una rentabilidad sobre las ventas no menor del 14% , que planea aumentar haciendo inyecciones de crédito a su capital de trabajo. De esta manera su credikiva es el segundo financiamiento que hace a la Fundación, con él comprará mercancía variada, productos naturales, calzado cosméticos y perfumería sobre pedidos que le han hecho sus clientes, pues quiere impactarlos respondiéndole efectivamente.

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
  • 539
    View loans »
    Colombia Loans Fundraising
  • $14,638,350
    Funds lent in using Kiva
  • 1,760.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Noris Alicia to purchase natural products, shoes, cosmetics, and perfumes.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2011
Listed
Aug 2, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012