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Sonia
Sonia, age 61, has three children ranging in age from 31 to 35. She dreams of seeing them become successful people. She has a beauty salon. This enterprising idea started when she separated from her husband 28 years ago. She decided to get training in order to become self-sufficient and productive for her children’s well-being.

In her business she offers services to improve the self-image and professional services for both genders of all ages. Her services are cutting hair, manicure, pedicure, make-up, straightening, and hair styling. Her advice is her main value added.

She has been connected to the Fundación Mario Santo Domingo through 17 loans. With the loans she has managed to improve her business location and provide comfortable spaces for her customers. Above all, she has the actual products on hand, which she sells to her customers that request them.

This is her 18th Kiva loan. She plans to use it for maintenance on her furniture like the styling chair. She has more customers, and she needs more of them. She will make good use of the ones she has stored. She will also buy supplies in volume in order to meet her demand.

Her goal for later is to get new work stations and sustained stability. She wants to open other beauty shops. Meanwhile, Sonia manages an accounts payable turnover of every 34 days. From there she is planning her growth.
View original language description ↓
Sonia de 61 años de edad tiene 3 hijos en las edades de 31 a 35 años con los que sueña ver convertidos en personas exitosas. Ella tiene un salón de belleza idea emprendedora que inició cuando se separó de su esposo hace 28 años, y decidió capacitarse para ser autosuficiente y genera bienestar a sus hijos. En su negocio ofrece como servicios el mejoramiento de la imagen personal y profesional de todos los géneros y en todas las edades, pues sus líneas son corte de cabello, manicure, pedicure, maquillaje, desrizado, peinados y su asesoría es su principal valor agregado. Desde hace 18 años está vinculada a la Fundación Mario Santo Domingo mediante 17 créditos, con los cuales ha logrado mejorar sus instalaciones y ofrecer espacios confortables a sus clientes y sobre todo tener productos en existencia, que vende a sus clientes que lo soliciten. Su credikiva es el financiamiento # 18 que hace a esta organización, con él panea, hacer mantenimiento de sus muebles, como silletería giratoria pues han aumentado sus clientes y requiere otras más, y va aprovechar las que tiene guardadas, igualmente comprará insumos en volumen para atender su demanda. Su meta más adelante es lograr nuevos puestos de trabajo y estabilidad sostenida, para lograr la apertura de otros puntos de servicio. Mientras esto ocurre, Sonia maneja una rotación de cuentas por cobrar de 34 días y desde allí 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

  • $6,070
    Average annual income
  • 262
    View loans »
    Colombia Loans Fundraising
  • $13,343,550
    Funds lent in using Kiva
  • 1,793.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Sonia to provide maintenance to her furniture like her salon chair and to buy supplies in volume.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2011
Listed
Sep 7, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 18, 2012