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Jeyson
Jeyson is 23 and lives in the city of Cartagena with his wife and 1-year-old son. He has a business there named "Variedades Jeisylibiana," where he sells women's accessories, clothing, shoes, cosmetics, perfume, cologne, and costume jewelry. His business started as a display case at the door of his home, to which he gradually added display cases, various merchandise, and everything his growing customer base requested that he didn't have. He finally fixed up a location in his home where he lives and made his business a general store, where he currently works. He makes his sales daily, and the majority of them are paid for with cash. His sales on credit aren't significant. He also has a small amount of furniture and household equipment, which is why his current assets are more representative that his total assets. His goal is to grow his business and to stabilize it in such a way that his work brings more well-being every day to his family. Currently his working capital is insufficient to respond to his growing customer base, and that is why he wants to increase it with this loan. It is the first loan that he has received from Fundación Mario Santo Domingo, and he will use it to buy the merchandise he sells the most of, like feminine accessories, clothing, cosmetics, and perfume.
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Jeyson de 23 años, vive en la ciudad de Cartagena con su cónyuge y su hijo de un año, allí mismo tiene un negocio llamado Variedades Jeisylibiana, donde vende accesorios femeninos, ropa, calzado, cosméticos, perfumes, colonias y bisutería en general. El negocio de Jeyson inició como una “chaza” en la puerta de su casa, a la que gradualmente fue adicionando vitrinas, mercancías variadas y todo lo que su creciente clientela solicitaba y él no tenía; finalmente adecuó un local en la vivienda donde habita e hizo de su negocio toda una miscelánea, como en la actualidad se encuentra. Sus ventas son diarias y en su mayoría de contado, por lo cual sus cuentas por cobrar no son significativas, también se refleja un menor valor en muebles y enseres razón por la que sus activos corrientes son más representativos que los activos totales. Su meta es hacer crecer su negocio y estabilizarlo de tal manera que su trabajo proporcione mayor bienestar cada día a su familia. En la actualidad su capital de trabajo resulta insuficiente para responder a su creciente clientela y esta es la razón por la cual quiere aumentarlo con su credikiva, primer financiamiento que recibe de la Fundación Mario Santo Domingo con el cual comprará la mercancía que más circula, como accesorios femeninos, ropa y la línea cosmética y de perfumería.

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
  • 177
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 1,778.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Jeyson to buy merchandise that he sells the most of, like women's accessories, clothing, cosmetics, and perfume.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2011
Listed
Sep 3, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012