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Angélica
Angélica is 34 years old and lives in the town of Soledad. She has two children, ages 9 and 12. She sells miscellaneous merchandise from her house such as feminine and household accessories and telecommunications services such as cell phones, cell phone usage minutes, food products and printing services. She began this business because she didn’t have a formal job. She needed a lot of documentation to get a formal job and she wasn’t able to get the paperwork for a good job. With the responsibilty of two children and her rent for her house, she began her own business four years ago. Little by little it has been growing. She has bought two display cabinets, a computer and a printer. Each day it is challenging to serve her customers with the infrastructure that she currently possesses. She needs a second printer to keep up with her business, a copy machine to offer a new service and she needs have a variety of products in her display cabinets. This is her first application with KIVA through “The Mario Santo Domingo Foundation”. With this loan she will buy a copy machine and various merchandise to provide a variety of items in her display cabinets. This investment will be successful as it is in response to customer demand. She is making these purchases with the knowledge she has as a businessperson. Her dream for the future is to have an internet café with the infrastructure necessary to make her customers comfortable while they participate in these modern services.
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Angélica de 34 años de edad vive en el municipio de Soledad y tiene 2 hijos en las edades de 9 y 12 años. Ella se dedica al comercio mediante una miscelánea ubicada en su casa donde vende artículos de misceláneas, como accesorios femeninos, de hogar y ofrece el servicio de telecomunicaciones mediante celulares, vendiendo minutos, productos alimenticios y ofrece el servicio de impresiones. Su vida de negocio inició porque no tenía un trabajo formal y fueron muchas las hojas de vida que llevara a empresas, donde no pudo ingresar para obtener un empleo formal y de calidad. Con la responsabilidad de sus dos hijos, su inquilino de un local de su propiedad, le insinuó que emprendiera su propio negocio y esto fue hace 4 años, desde los cuales ha ido poco a poco creciendo, compró dos vitrinas, un computador, impresora y cada día que pasa resulta desafiante atender la clientela, con la infraestructura que hoy cuenta. Su mercado le señala la necesidad de tener una impresora mas, una fotocopiadora para ofrecer un nuevo servicio y mantener las vitrinas bien surtidas. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el que comprará una fotocopiadora y mercancía variada con la cual surtirá sus vitrinas. La inversión planea ser exitosa porque responde a la demanda y la hace en el marco de su experiencia como comerciante. Su sueño más adelante es tener un café internet, con la infraestructura necesaria para que sus clientes se sientan en un ambiente confortable, mientras satisfacen sus necesidades de estos servicios tan modernos.

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
  • 514
    View loans »
    Colombia Loans Fundraising
  • $14,939,400
    Funds lent in using Kiva
  • 1,770.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Angélica to buy a copy machine and various merchandise to restock her display cabinets.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2012
Listed
Apr 19, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013