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Beatriz
Beatriz is 25 years old and lives south of the city, where she makes a living designing and selling shoes and handbags; she sells them both wholesale and retail. Her business is based out of her apartment. She purchases materials for her business such as rubber, fique fiber, micro suit fabric, insoles, and packing material. She designs the shoes and then takes the materials to a cobbler who makes the shoes for her. Once the shoes are finished Beatriz packs them up and delivers them to her customers. She also makes handbags, though that is a smaller part of her business. She sells her items for cash and for credit. Beatriz gets new customers through the Internet, on Facebook, in street markets, and by handing out fliers and business cards. She also sells to two stores in Santa Marta. The competition is low, and she meets the competition with the quality of her products, her success in fulfilling orders, and the overall satisfaction of her customers. Her shoes are very beautiful and original with ecological patterns. Her business has directly created two jobs—hers and the cobbler’s—and contributes to the business of the two vendors who sell her products in the city of Santa Marta.

Beatriz has an excellent financial record. Her business is small, since she sells most of her products for cash. Her infrastructure is adequate for this type of business, and her financial record reflects an economic situation that is both stable and solvent. However, as Beatriz’s clientele expands, her biggest challenge is having enough working capital to purchase materials for her business. That is why she has decided to take out a loan. This is Beatriz’s first loan with Fundación Mario Santo Domingo, and she will use it for working capital. She will use it to maintain a cash fund for purchasing the materials she needs to produce shoes and handbags, which she will sell wholesale and retail. Beatriz also wants to register her brand with the relevant government agencies, since that has been one of her goals.
View original language description ↓
Beatriz de 25 años vive al sur de la ciudad donde se dedica al diseño y comercialización de calzado y bolsos, al por mayor y al detal. Su negocio está ubicada en su propio apartamento; en su taller ella compra los materiales como caucho, fique, microsuit, plantilla deportiva No.9, tela para empaques, diseña los zapatos y se los lleva a un zapatero, quien los termina de confeccionar. Una vez fabricados, los empaca y los entrega a sus clientes. También elabora bolsos, en menor medida. Sus ventas son de contado y también trabaja la modalidad de credicontado. Sus clientes los consigue por Internet, en el Facebook, en ferias, repartiendo volantes y tarjetas de presentación. También le vende a dos almacenes en Santa marta. La competencia es baja, y la enfrenta con calidad, cumplimiento de pedidos y satisfacción integral de sus clientes. Realmente, los zapatos son muy lindos y originales, con estampados ecológicos, y genera dos empleos directos ella y el zapatero, y dos indirectos que son los dos vendedores que tiene en la ciudad de Santa Marta.
Cuenta con excelentes estados financieros. La cartera que aparece es pequeña, porque prácticamente vende de contado. Presenta infraestructura física adecuada para este tipo de negocios y sus estados financieros reflejan una situación económica estable y solvente. Como cada día sus clientela crece, el capital de trabajo ara hacer las compras es u gran desafío, esta es la razón por la cual acude a un credikiva, primer financiamiento que hace ala Fundación Mario Santo Domingo, dirigido a capital de trabajo, con el fin de mantener un fondo en efectivo para comprar las materias primas necesarias en la elaboración de los zapatos y los bolsos, al por mayor y de contado. También desea registrar su marca ante las entidades gubernamentales respectivas y esta es una de sus metas

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
  • 302
    View loans »
    Colombia Loans Fundraising
  • $13,796,725
    Funds lent in using Kiva
  • 1,755.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Beatriz to purchase materials for making shoes and handbags.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2012
Listed
Mar 29, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013