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Heidy
Heidy, 34, lives in the south of the city with her daughter, 3, who is the driving force of her life. She dreams about seeing her daughter become a successful professional.

Heidy started her business life selling things made of silver. Gradually she has added clothing and footwear, which are the main things she sells to the customers in the neighborhood and referrals who work in different businesses. Her business "has been of great use to her" because she has been able to get her daughter ahead and take university classes.

Currently she has received four loans with Fundación Mario Santo Domingo with which she has been able to increase her working capital, grow, and stir interest in her credibility among her suppliers.

Her Kiva loan is the fifth loan she has requested from Fundación Mario Santo Domingo. With it she will buy clothing for women, men, and children as well as purses.

This loan will be successful because she knows the market well. She will invest her Kiva loan at the peak of the commercial season and will respond to the needs of her customers, quickly turning around any products she buys. While this happens, she manages a turnover of accounts for charging for no less than 30 days, a profitability no less than 30%. From there she plans her business growth with the support of her Kiva loan.
View original language description ↓
Heidy de 34 años vive al sur de la ciudad, con su hija en la edad de 3; ella es el motor de su vida y que sueña con verla convertida en una profesional de éxito. Heidy inició su vida comercial vendiendo artículos de plata, gradualmente ha ido agregando ropa, calzado, que son los principales artículos que vende a clientes del barrio y referidos que trabajan en diferentes empresas. Su negocio le “ha servido de mucho”, porque con él ha logrado sacar a su hija adelante y estudiar una carrera universitaria. En la actualidad ha recibido 4 financiamientos con la Fundación Mario Santo Domingo, mediante los cuales ha logrado aumentar su capital de trabajo, crecer y despertar cada vez más su credibilidad entre sus proveedores. Su credikiva es el quinto financiamiento que hace a la Fundación Mario Santo Domingo, con el comprará ropa para damas, caballeros e infantil y bolsos, será exitosa esta inversión porque conoce bien el mercado, inyectará su capital de credikiva en una temporada de buen auge comercial y responderá a las necesidades de su clientela, rotando rápidamente los productos que compre. Mientras esto ocurre, maneja una rotación de cuentas por cobrar no menor de 30 días, una rentabilidad no menor del 30% y desde allí planea su crecimiento empresarial con el apoyo de su credikiva.

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
  • 466
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,770.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Heidy to buy clothing for women, men, and children, and to buy purses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 9, 2012
Listed
May 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013