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Cinder Del Socorro
Cinder, 33, is a married woman with three children, who are 12 to 15 years old. She has a business selling a variety of merchandise to customers on credit. Her clients are located close to home in nearby neighborhoods and in the city of Barranquilla, where she has relatives who refer new customers to her.

Cinder began her life as a merchant six years ago with a small inventory, but gradually acquired new products and thereby options of selling through the specialized catalogs of multinational businesses to which she has established ties. Lately, an entrepreneur associated with the Fundación Mario Santo Domingo has been selling her the bedcovers she makes so that Cinder can re-sell them and earn money as well. Now she has many orders for her products but must have available working capital in order to fill her customer’s orders in a timely fashion. Consequently she is applying for a Kiva loan, her first financing from Fundación Mario Santo Domingo. She will buy a variety of merchandise, such as perfume, underwear, costume jewelry and bed covers.

Cinder’s later goal is to finish upgrading her dwelling, which she recently acquired, and to continue expanding her business in order to fulfill her dreams of helping her children attain a successful future.
View original language description ↓
Cinder de 33 años, es una mujer casada que tiene 3 hijos en las edades de 12 a 15 años. Ella tiene un negocio donde vende mercancía variada que distribuye entre sus clientes, mediante el sistema de crédito; ellos están ubicados alrededor de su vivienda en barrios cercanos y en la ciudad de Barranquilla, donde tiene familiares que le remiten nuevos clientes. Su experiencia data desde hace 6 años cuando inició su vida como comerciante con pocos productos, pero poco a poco logró nuevos proveedores y así mismo opciones de vender mediante guías especializadas de productos de empresas multinacionales, en las que se ha vinculado. Últimamente una microempresaria, vinculada a la Fundación Mario Santo Domingo, le está vendiendo cubre lechos que elabora, para que Cinder los venda y gane dinero también; ahora tiene muchos pedidos pero debe contar un capital de trabajo disponible, para lograr responder a su clientela tal como estos lo requieren. Por eso está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará mercancía variada como perfume, ropa interior, fantasía, y cubrelechos. Su meta mas adelante es terminar de adecuar su vivienda, la cual recién la adquirió y continuar creciendo en su negocio, para alcanzar sus sueños de potencializar un futro exitoso a sus hijos.

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
  • 263
    View loans »
    Colombia Loans Fundraising
  • $13,600,025
    Funds lent in using Kiva
  • 1,765.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Cinder Del Socorro to buy a variety of merchandise such as perfume, underwear, costume jewlry and bedcovers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2012
Listed
Mar 21, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 18, 2012