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Naida Esther
Naida is 71 years old. She sells varied merchandise. She is married and has 6 children ranging in age from 40 to 50 years old. At first she sold soft drinks and beer but gradually her working capital has increased with the support of 6 loans she has taken out with the Fundación Mario Santo Domingo. With them, she has been able to convert her business into a variety store with display cases full of different things. At present, she is preparing for her first Kiva loan with which she will buy cosmetics, and women's accessories to sell. At the end of this year there are going to be a lot of deals from suppliers and she wants to take advantage of that. Her customers are also going to begin to have their bonuses on hand and will buy in greater volume. Her dream is to continue progressing and have a lot of satisfying experiences. She finds these in the work she does, since her children are grown and independent.
View original language description ↓
Naida de 71 años de edad se dedica a la venta de mercancías variadas; ella es casada y tiene 6 hijos en las edades de 40 a 50 años.; al principio vendía gaseosas y cervezas, pero gradualmente su capital de trabajo se ha incrementado, apoyada mediante 6 financiamientos que ha realizado en la Fundación Mario Santo Domingo, con ellos ha logrado convertir su negocio en una variedad o miscelánea con vitrinas bien surtidas. En la actualidad se prepara para su primer credikiva con el cual comprará cosméticos, accesorios femeninos, para venderlos, en este fin de año que se acerca con muchas ofertas de sus proveedores y ella quiere aprovecharlas. Igualmente sus clientes empiezan a tener en sus manos bonificaciones primas etc y a comprar en mayor volumen. Su sueño es continuar progresando y tener muchas satisfacciones, las que encuentra en la actividad que desempeña, pues sus hijos ya están grandes e independientes.

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
  • 247
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,912.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Naida Esther to buy cosmetics, and women's accessories to sell.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2011
Listed
Oct 5, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 18, 2012