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Pastricia El Carmen
Patricia sells shoes and clothes to a large number of current clients who are made up of her neighbors, friends, family, and referrals in the Soledad municipality in the city of Barranquilla. Her experience as an entrepreneur began when she first worked selling computer parts. Feeling that she had good business sense, she decided to go solo and took a risk by investing her savings in merchandise like shoes and clothes to sell to her co-workers. Later she connected with a factory that offers its products through catalogues, and there she got her own distributor. Finally she began to buy directly from a shoe supplier and another supplier for clothes. With that she reduced her costs since she bought at a better price. Now she would like to continue growing, and that’s the reason she’s approached Kiva, first financing through Fundación Mario Santo Domingo. With that she will buy underwear, outerwear, and shoes in order to meet the great customer demand of the busiest shopping season and the New Year’s celebration.
View original language description ↓
Patricia vende calzado y ropa a un importante número de clientes que hoy tiene y lo conforman además de sus vecinos, amigos, familiares y referidos ubicados en el municipio de Soledad y en la ciudad de Barranquilla. Su experiencia emprendedora comenzó, cuando se dedicó por primera vez a vender insumos para computadores y al sentir que tenia aptitudes para el negocio decidió independizarse y arriesgándose a invertir unos ahorros en mercancías, como calzado y ropa y para vendérsela a sus compañeros de trabajo; posteriormente se vinculó a una empresa que ofrece sus productos mediante catálogos, donde obtuvo su propio código y finalmente empezó a comprar directamente a un proveedor de calzado y a otro de ropa, con los cuales disminuyó sus costos, pues compró a un mejor precio. En la actualidad quiere seguir creciendo y esta es la razón por la cual acude a su credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará, ropa interior, exterior y calzado, para satisfacer la gran demanda de sus clientes, en la época más comercial del año como la celebración del año nuevo.

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
  • 486
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,942.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Pastricia El Carmen to buy underwear, outerwear, and shoes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 29, 2011
Listed
Dec 31, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013