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Dubis
Dubis, 29, lives in Soledad with her partner and her 7-year old daughter. She operates a business selling products that she buys from speciality catalogs. She picked up the idea from a friend who operated a similar business and started selling to family and friends. Her business grew so fast that she soon ran out of working capital. She decided to order directly from her supplier to get a better margin and, in turn, better pricing for her customers. She is applying to Fundacion Mario Santo Domingo for a Kiva loan that she will use to stock her business with underwear, perfumes, jewelry and creams. She says the investment will allow her to buy merchandise directly from her supplier, rather than from an intermediary, something that will give her access to discounts and lower her costs. Her goal for the future is to open a small general store where she could sell the kinds of products that her neighbors most want.
View original language description ↓
Dubis de 29 años vive en Soledad con su cónyuge y su hija de 7 años; ella se dedica a generar ingresos mediante la venta de mercancía variada, que promociona utilizando guías especializadas de productos. Su negocio lo inició cuando una amiga le prestó la revista en la que ella vendía y Dubis se dedicó a promocionarla entre sus familiares y amigos mas cercanos; muy pronto otras personas empezaron a hacerle pedidos y su capital de trabajo se tornó insuficiente para lograr responderle a su clientela rápidamente, convirtiéndose esto en un gran desafío, porque para hacerlo necesita vincularse directamente a la revista, pues así obtendría un margen de ganancias superior y ofrecería mejores precios a su clientela. . Esta es justamente la razón por la cual acude a su credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará ropa interior, perfumes, bisutería y cremas; su inversión se torna exitosa en tanto no tendrá que utilizar intermediarios que incrementan el precio de venta de los artículos, accederá a descuentos especiales y responderá oportunamente a su clientela, para finalmente mas adelante cumplir su sueño de organizar un pequeño almacén, donde venda de todo un poco basada en la necesidad de la comunidad objeto de su atención.

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
  • 303
    View loans »
    Colombia Loans Fundraising
  • $13,796,725
    Funds lent in using Kiva
  • 1,758.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Dubis to stock her retail business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2012
Listed
Mar 29, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2013