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Sibeliz is 38 years old, she lives with her spouse and her 3 children (aged 8 to 14) in the town of Galapa. For the past seven years, she has used her home as a beauty salon where she uses beauty techniques to improve the personal and professional image of ladies, gentlemen, and children. Her idea for a business was born after she finished her State certification at SENA (National Service for Learning a Trade). That is how she decided to start her own business, using as seed capital a sum of money gifted to her by her spouse. Sibeliz's goal is to buy commercial premises where she would be able to attend to her customers in a more comfortable fashion. Her biggest challenge is to secure enough capital to attain smooth growth, and this why she asks for a Kiva loan. It is her first loan with field partner Fundación Mario Santo Domingo. She will use the funds to buy more beauty products: hair products, shampoo, conditioner, lotions. Buying greater quantities of these products, which she uses daily in her line of work, will help her obtain a discount for buying in bulk. This is, along with her great experience in this trade and her willingness to make her business grow, why she is confident that her loan will be put to good use.
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Sibeliz de 38 años vive con su cónyuge y sus 3 hijos en las edades de 8 a 14 años en el municipio de Galapa, donde se dedica desde hace 7 años, a mejorar la imagen personal y profesional de damas, caballeros y niños mediante técnicas de belleza que aplica desde el lugar donde habita. Su idea de negocio nació una vez terminó de capacitarse en el Servicio Nacional de Aprendizaje “SENA” y decidió emprender su propia aventura de negocio; así fue que con el apoyo de su cónyuge, con un dinero que le regaló, lo convirtió en su capital semilla de inicio. Su meta es tener un local comercial donde concentrar su clientela para atenderla en un ambiente muy confortable. Su mayor desafío, es tener el capital de trabajo suficiente, para lograr un crecimiento armonioso, esta es la razón por la cual acude a su credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará insumos de peluquería en mayor proporción, como productos capilares, champo, enjuague, lociones, las cuales utiliza en su tarea diaria y ganará descuentos por comprar en mayor volumen. Este es justamente la razón de éxito de su credikiva, acompañada de su gran experiencia en este negocio y su disposición para hacerlo crecer.

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
  • 487
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,755.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Sibeliz to buy more beauty products such as hair products, shampoo, conditioner, lotions.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Apr 24, 2012
May 14, 2012
Currency Exchange Loss:
Jun 17, 2013