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Amalfi
Amalfi, age 42, has a family that consists of her husband and two children (ages 22 and 15). She is the owner of a business that offers mobile phone calling services. In addition, she offers video game and movie video services. The idea for this business came to her quite spontaneously. Her husband enjoys playing video games, so she bought the gaming equipment and every afternoon the children gathered at her house to play. They began forming a line, so she started renting out the games. Over time, more of her neighbors began visiting, so she was able to save some money to invest. Today she has two video game consoles and three televisions. At the moment, her customer base is constantly increasing and consists mainly of children and young people, especially students. Recently, customers have asked about photocopying, a service that she does not offer.


For this reason, she is requesting a Kiva loan, her first form of financing through Fundación Mario Santo Domingo. She will use the money to buy two video games, two televisions, and a photocopier. Her dream is to expand her business and organize it into an Internet café that is quite comfortable. In the meantime, Amalfi is able to maintain sales profitability of 62%, a sign that points to the start of her growth.

View original language description ↓
Amalfi de 42 años de edad tiene una familia conformada por su cónyuge y dos hijos en las edades de 22 y 15 años; ella es la propietaria de un negocio mediante el cual ofrece servicios de llamadas a celulares y también ofrece servicios de juegos y videos. Su idea de negocio nació muy espontáneamente, a su esposo le gustaba jugar play, compró su equipo de juegos y todas las tardes lo niños se reunían en su casa a jugar, ellos hacían fila y así fue como Amalfi empezó a alquilarlo, gradualmente se agregaron mas vecinos y por eso logró unos ahorros e invirtió; hoy tienen 2 play y 3 televisores. En la actualidad su clientela de niños y jóvenes se incrementa permanentemente, no sabe de donde sale tantos clientes especialmente estudiantes, últimamente hasta le preguntan por el servicio de fotocopiaje del que aun carece. 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 2 juegos de play 2 televisores y una fotocopiadora. Su sueño es ampliar su negocio y organizar un café internet muy confortable. Mientras esto ocurre maneja una rentabilidad sobre las ventas del 62%, desde la cual parte para empezar su ascenso.

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
  • 480
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,812.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Amalfi to buy two video games, two televisions, and a photocopier.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2012
Listed
Jan 31, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012