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Maricela
Marciela is 29 years old, she is married, and she is the mother of two children that are 4 and 9 years old. She sells miscellaneous items from her home, where her neighbors and people from nearby neighborhoods come to find items for their households, such as stationary, household goods, disposable products, items for basic needs, etc.

She began this business 4 years ago next door to her home and she earned a sufficient income to support her household. In time, her customers increased and the growing demand became her biggest challenge. She needed capital in order to support the needs of all her customers. This is why she contacted credikiva. This will be her first financing through Fundación Mario Santo Domingo. She seeks the loan so that she can buy a larger volume than she normally buys (of disposable and miscellaneous products), so that she has sufficient supply of the items that sell quickly. This will also lower her costs of constantly buying the products that she sells, as she will get a volume discount for buying in bulk.

Her goal is to support her growing business and to become the biggest supplier in her sector. To meet this goal, she will manage a turnover of accounts receivable of less than 36% with an inventory turnover of 54 days. Her financial advisors indicate that this is appropriate for her type of business and from her projected business growth.
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Maricela de 29 años, casada y madre de dos hijos en las edades de 4 y 9, se dedica a la actividad comercial, mediante un punto de ventas o miscelánea, ubicado en su propio hogar, donde los vecinos de su barrio y de los alrededores, encuentran muchos artículos para la familia, como papelería, mercancías para el hogar, productos desechables, artículos de la canasta familiar etc. Con este negocio, iniciado hace 4 años a un lado de su vivienda, logra ingresos para apoyar el sostenimiento del bienestar de su hogar. Cada vez mas, su clientela se incrementa y responderle en temporadas de gran movimiento comercial, se convierte en su gran desafío, por eso requiere capital de trabajo, para poder salirle al paso a su creciente demanda. Esta es la razón por la cual acude a su credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará en mayor volumen que el acostumbrado, productos desechables y de miscelánea, para tener un inventario suficiente, con artículos de mayor rotación y se ahorraría los costos del incremento constante de los productos que vende, además de obtener un mayor descuento por el volumen de sus compras. Lo que se convierte en las principales razones de éxito de su inversión credikiva, complementada con su gran experiencia en el manejo de la clientela. Su meta mas adelante es lograr un mayor creciminto de su negocio convirtiendose en la mas grande disribuidora del sector; Mientras esto ocurre maneja una rotación de cuentas por cobrar no mayor del 36%, una rotación de inventarios de 54 dias, indicadores finacieros,aapropiados para este tipo de negocios y desde los cuales proyectamos su crecimiento empresarial

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
  • 209
    View loans »
    Colombia Loans Fundraising
  • $12,876,400
    Funds lent in using Kiva
  • 1,762.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Maricela to buy disposable and miscellaneous products in bulk.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2012
Listed
May 21, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013