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Elicia Esther
Elicia is a brilliant woman who has always worked in her field of expertise. She is a seamstress and she offers repair and tailoring services. She is also a manicurist, offering her services in her clients' homes or in her house. She is a great business person who also has a store from where she sells merchandise such as clothing, accessories for men and women, perfumes, and cosmetics. She completes her sales on credit, detailing payment schedules with her clients. Elicia is the woman leader of the household. She has two children, 1 and 19 years old and she has always managed to take the reins of the household, earning an income and providing her daughter with educational opportunities. She is already in university and she is studying a career. For the past 8 years she has been carrying out her activities, ever since was trained by a corporation to improve her work. She has a great dream to have a beauty shop in a well-traveled shopping center, equipped with the entire infrastructure necessary to make her clients feel more comfortable. Her working capital is not enough to achieve her goals but now she has taken the first step by requesting a Kiva loan. It is the first loan she accesses through Fundacion Mario Santo Domingo (Kiva Field Partner) and she will purchase fabrics, threads, buttons, and products she needs to offer beauty services to her clients, including nail polish, hair dye, nail files, and irons. As Elicia works to achieve her dream she acquires a profit margin of 38%. It permits her to keep expanding and reinvesting into her business, and she has also been able to carry out some home improvements. Her greatest challenge is to proviD. her children with the best possible well-being. They are precisely the motor that drives her each day to continue her daily quest for success.
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Elicia es una mujer brillante, que siempre permanece trabajando en todo lo que sabe hacer: elL. es confeccionista, y ofrece servicio D. reparación y costura D. ropa, es manicurista y ofrece este servicio a domicilio o en su casa, y es una gran comerciante a L. vez pues tiene un mercado a quienes venD. mercancías como ropa, accesorios femeninos masculinos, perfumes, cosméticos, mediante crédito y planeado en cuotas pactadas con sus clientes. Elicia en condición D. mujer jefe D. hogar y con dos hijos en las edades D. 1 y 19 años, se las ha arreglado para tomar las riendas D. su hogar y genera ingresos y oportunidades D. estudios para su hija que ya está en L. universidad y estudia una carrera. DesD. hace 8 años está ejerciendo sus actividades desD. que se capacitó en una corporación para desempeñarse mejor. Hoy tiene un gran sueño y es el D. tener un salón D. belleza en un centro comercial concurrido, con toda L. infraestructura para que sus clientes se sientan confortables. Su capital D. trabajo no es suficiente para lograr sus metas y ahora inicia su camino a través D. su credikiva, primer financiamiento que hace a L. Fundación Mario Santo Domingo con el cual comprará telas, hilos, botones, e insumos para su negocio D. donD. ofrece servicios para embellecer a sus clientes, como, esmaltes, tintes, lijas y aliseres. Mientras Elicia trabaja para alcanzar su sueño, adquiere con su negocio un margen D. utilidad D. 38%, que le permite seguir creciendo y reinvirtiendo parte D. este en su negocio y con el ha logrado hacer mejoras a su vivienda. Su Mayor desafío es lograr el máximo bienestar para sus hijos, porque ellos son justamente el motor que L. impulsa diariamente a continuar en L. búsqueda del éxito.

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

  • $11,100
    Average annual income
  • 525
    View loans »
    Colombia Loans Fundraising
  • $14,939,450
    Funds lent in using Kiva
  • 1,795.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Elicia Esther to purchase fabrics, threads, buttons, and other products she needs for her business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2011
Listed
Aug 19, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012