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Yasunary
Yasunary is 35 and lives in Soledad with her husband and 4-year-old son. There she sells women's and men's shoes, women's accessories, perfumes, and watches. She started her business 2 years ago when she started selling shoes as her star product. Today she has added accessories, school supplies, jewelry, toys, beauty supplies, and even sweets. Her growing clientele has driven the need for working capital to respond to orders, especially in the time when her sales are picking up. Since the holiday of the "Day of Love and Friendship" is coming up, her challenge is to get the necessary resources to inject capital into her business to be able to respond appropriately to the demand. This is the reason she is turning to Kiva for her first loan through Fundación Mario Santo Domingo. She will use it to buy women's and men's shoes, women's accessories, perfume, and watches. Her customers want to show their affection to their loved ones and friends on this date.

Her future goal is to have a grocery store where she can display her products and protect herself in the future with various points of sale. She continues working hard to keep her business with the numbers that show the potential of financial growth. She has a profitability of 25%, is 98.24% independent, and has an inventory turnover of 54 days. Her accounts payable turnover is 9 days. These are all indicators that will drive her growth.
View original language description ↓
Yasunary de 35 años, vive en Soledad con su cónyuge y su hijo de 4 años de edad. Allí se dedica al comercio de calzado para damas, caballeros, accesorios femeninos, perfumes y relojes; negocio que inició hace 2 años cuando inició con la venta de calzado como su producto estrella, hoy ha adicionado accesorios, útiles escolares, joyas, juguetes productos de belleza y hasta dulcería. Su creciente clientela ha impulsado la necesidad de capital de trabajo para responder a pedidos especialmente en la época en que repuntan las ventas, como el mes del amor y de la amistad que se acerca, pero su desafío es conseguir recursos para inyectar capital a su negocio y poder responder oportunamente la demanda. Esta es la razón por la cual acude a su credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará calzado para damas, caballeros, accesorios femeninos, perfumes y relojes sobre pedidos, pues sus clientes quieren demostrar su cariño a sus seres queridos y amigos en esta fecha. Su meta más adelante es tener un almacén, donde exhiba sus productos y proyectarse en un futuro a varios puntos de ventas. Mientras esto ocurre sigue trabajando esforzadamente por sostener su negocio con indicadores financieros con potencial de crecimiento, como una rentabilidad sobre las ventas no menor del 25% una autonomía del 98,24%, una rotación de inventarios de 54 días, mientras sus cuentas por cobrar rotan cada 9 días, indicadores desde los cuales impulsará 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

  • $6,070
    Average annual income
  • 253
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,778.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Yasunary to buy shoes for women and men, women's accessories, perfume, and wathces.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2011
Listed
Sep 3, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 18, 2012