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Nelis Beatriz
Nelis is 43 years old and lives with her two children, aged 16 and 21 years old. She owns a school store where she sells soft drinks and packed lunches. She initiated the business with her savings and also with the support of the educational institute at which her son studies. This support afforded her the opportunity to have the school store, a business which generates income for the support of her two children. She began by selling fruit cups and gradually introduced other products, such as sodas, juices and snacks in general.

Her goal is to obtain funding as her working capital is not sufficient to achieve growth. This is precisely why she has turned to credikiva and it is the first time she has approached the Fundación Mario Santo Domingo for financing, with which she will buy new lines of snacks to diversify and have a well-stocked shop. This investment will be successful for the potential of the fixed customers that she has at the school and also for her personal work experience in the business and her strong drive to improve her children's welfare everyday.
View original language description ↓
Nelis de 43 años vive con sus dos hijos en las edades de 16 y 21 años y es la propietaria una tienda escolar donde vende refrescos y mecatos, negocio que inició con sus ahorros y el apoyo del centro educativo donde estudia su hijo, que le posibilitó tener la tienda escolar, negocio del cual genera sus ingresos para el sostenimiento de sus dos hijos. Allí inició vendiendo salpicón de frutas y gradualmente fue introduciendo otros productos, como gaseosas, jugos y pasabocas en general. Su meta es lograr recursos de financiación, porque su capital de trabajo se torna insuficiente para lograr su crecimiento y esta es justamente la razón por la cual acude a su credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo con la cual comprará nuevas líneas de pasabocas para diversificarlo y ver su negocio bien surtido. Esta inversión será exitosa por el potencial de clientes fijos que tiene en el colegio y su capacidad personal de trabajo, experiencia en el marco de este negocio y su gran impulso por aumentar cada día más el bienestar de sus hijos.

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
  • 303
    View loans »
    Colombia Loans Fundraising
  • $13,796,725
    Funds lent in using Kiva
  • 1,792.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Nelis Beatriz to buy new lines of snacks to diversify and have a well-stocked shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2011
Listed
Sep 5, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012