Check out some available loans that are similar to this one!
Veronica
Verónica is 34 years old. She lives in the town of La Playa with her spouse and her two children, aged 5 and 15. She has a business offering telecommunications services and video games, called “Comunícate ya” ["Get in touch now"]. She opened the business after receiving severance pay from a company where she used to work. She started with two computers and two simple tables in the city of Santa Marta, where she lived at that time, and she worked alongside her daughter while also pursuing her household activities. When she moved to the city of Barranquilla, she set up the same business, and she gradually added more computers. Later, she added more services: online video games, photocopying, scanning, fax and transcriptions. Currently, her business has expanded and she is renovating her shop to better organize her business and offer better service. Her goal for the future is to continue studying, since she is a college student and dreams of studying computer programming and systems analysis so that she will know more about the subject and can improve her business. She is currently applying for her first Kiva loan, financed through the Mario Santo Domingo Foundation, with which she will buy two computers, two tables and two chairs, because vacation time is approaching and she wants to offer better service since demand will be increasing. Her greatest challenge is the lack of working capital that would let her achieve her goals rapidly and keep working. With the Kiva financing, she can increase her opportunities to invest and multiply her investment. Currently, her financial indicator of profitability on sales is 56%, and she maintains a contribution margin of 64.28%, and she is planning for growth on that basis.
View original language description ↓
Verónica de 34 años de edad vive en la urbanización La Playa con su cónyuge y sus dos hijos en las edades de 5 y 15 años de edad. Ella tiene un negocio donde ofrece servicios de telecomunicaciones y de videojuegos llamados “Comunícate ya” negocio que inició después de haber recibido una liquidación de la empresa en la cual trabajaba, iniciando con dos equipos y dos mesas sencillas en la ciudad de Santa Marta donde en ese momento residía y trabajaba acompañada de su hija mientras desarrollaba las actividades domésticas. . Cundo se mudó a la ciudad de Barranquilla emprendió el mismo negocio y gradualmente fue agregando otro computados, posteriormente servicios de internet video juegos, fotocopiaje, scaner, fax y transcripciones. En la actualidad su negocio se ha extendido y está adecuando su local para organizar su negocio y ofrecer un mejor servicio. Su meta más adelante es continuar estudiando, pues es bachiller y sueña con estudiar análisis y programación de computadores para conocer más del tema y perfeccionar su negocio. En la actualidad está aplicando su primer credikiva, financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará dos equipos de computación, dos mesas, dos sillas, pues bien la época de vacaciones y quiere ofrecer un servicio más efectivo pues su demanda se incrementará. Su mayor desafío es la falta de capital de trabajo para lograr rápidamente alcanzar sus metas y permanece trabajando para lograr con financiamiento de Kiva aumentar sus posibilidades de invertir y multiplicar su inversión. Actualmente sus indicadores financieros de rentabilidad sobre las ventas es de 56% maneja un margen de contribución de 64,28% y desde aquí planea su crecimiento.

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
  • 556
    View loans »
    Colombia Loans Fundraising
  • $14,903,600
    Funds lent in using Kiva
  • 1,778.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Veronica to buy two computers, two tables and two chairs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2011
Listed
Sep 3, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012