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Nancy Maria
Nancy lives with her two children, ages 6 and 11, in the municipality of Soledad. There she works selling beauty products like slimming creams, bath products, etc. that she imports from a neighboring country. She also sells clothing of many types, which her sister makes, as her sister is a seamstress who makes and sells dresses.

Some of the products her customers ask for, she buys downtown and she also has access to promotional items with particular discounts in her specialized directories. Her goal for the future is to have a wholesale outlet and a warehouse to distribute to other vendors. Right now, she is applying for a micro-loan, the first financial loan she's made with the Fundación Mario Santo Domingo, with which she will buy clothing and a great variety of cosmetics and multipurpose products. She intends to use these products to widen her clientele for Mother's Day and make greater sales. As this happens, her dream is to acquire a vehicle and guarantee a successful future for her children.
View original language description ↓
Nancy vive con sus 2 hijos en las edades de 6 y 11 años, en el municipio de Soledad. Allí se dedica a la comercialización de productos de belleza, como cremas reductoras, de baño para cuerpo, etc. los cuales le envían desde un país vecino y también vende ropa en diversas líneas, que elabora su hermana, dedicada a la confección y distribución de vestidos. Algunos productos que les piden sus clientes los compra en el centro de la ciudad y también accede a artículos que vienen promocionados con descuentos especiales en guías especializadas. Su meta mas adelante es tener un almacén y un depósito para distribuir entre clientes vendedores. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará ropa y una gran variedad de productos cosméticos y multiusos, con los que piensa impactar a su clientela el día de las madres y hacer su mejor venta. Mientras esto ocurre su sueño es adquirir un vehículo y lograr que sus hijos tengan un futuro exitoso.

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
  • 178
    View loans »
    Colombia Loans Fundraising
  • $12,852,400
    Funds lent in using Kiva
  • 1,765.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Nancy Maria to buy clothing and a wide variety of cosmetics and multipurpose products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2012
Listed
Apr 25, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013