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Jenifer Patricia
Since 2007, 20-year-old Jenifer has had a photography studio in El Centro neighborhood, in the town of Galapa, in the city's metropolitan area. She works there together with her husband. They shoot photos, make banners, produce marquetry and film. Her business has very good infrastructure. She has developing equipment and provides excellent-quality work. Her main customers are mothers who want to record important dates such as graduations, birthdays and children's weddings or weddings of close family members.

Jenifer's goal for the future is to own her own premises so that she can improve her family's well-being with more income for her family. Right now, she needs her first Kiva loan in order to buy a camera and equipment for developing photographs. A general assessment of her business shows that her assets are basically concentrated in her work equipment. Her working capital is low and she would like to expand her stock of raw materials in order to aid the growth of her business. She has great growth potential as she has a very good profit margin and an adequate turnover of both her stock and portfolio. Her good infrastructure and experience are important in guaranteeing the success of this investment. Her dream, and also her biggest challenge, is getting her son ahead in life so that he can become an upstanding, very successful person. This is the main driving force behind her hard work.
View original language description ↓
Jenifer de 20 años tiene un estudio fotográfico ubicado en el barrio El Centro del municipio de Galapa, área metropolitana de la ciudad, desde el año 2007, allí labora junto con su esposo y realizan estudios fotográficos, pendones, marquetería y filmaciones. En su negocio tiene una muy buena infraestructura con equipos de revelado y excelente calidad en sus trabajos. Sus principales clientes son las madres de familias que desean registros de fechas importantes, como grados, cumpleaños, matrimonios de sus hijos o familiares más cercanos. Su meta más adelante es tener un local propio para aumentar el bienestar de su hogar con mayores ingresos para su familia. En la actualidad requiere su primer credikiva para la compra de una cámara fotográfica y material para revelado de fotografías. El balance general de su negocio muestra que sus activos están concentrados básicamente en sus equipos de trabajo; su capital de trabajo es bajo por ello quiere ampliar su stop de materias primas, para aportarle al crecimiento de su negocio, tiene un gran potencial de crecimiento pues maneja un muy buen margen de rentabilidad y sus inventarios y su cartera rotan adecuadamente; su buena infraestructura y experiencia son importantes para garantizar el exito de esta inversión. Su sueño y gran desafío es sacar adelante a su hijo hasta convertirlo en una persona de bien y muy exitosa y esto es el motor principal por el cual trabaja esforzadamente.

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
  • 513
    View loans »
    Colombia Loans Fundraising
  • $14,940,300
    Funds lent in using Kiva
  • 1,792.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Jenifer Patricia to buy a camera and equipment for developing photographs.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2011
Listed
Sep 6, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 18, 2012