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Linda
Linda, 19, is a young merchant who has worked selling products through specialized guides. She also helps her mother make industrial cleaning cloths that she herself sells and with which she generates additional income. Her main dream is to improve her living conditions through the growth of her business. As the mother of a one-year-old child she is responsible for turning him into a successful person, just as Linda dreams about.

She constantly makes the effort in her business and always is waiting for the market opportunities, with the goal of getting income. For this reason, little by little her clientele has increased and she needs to increase her working capital, get some money together so she can have more favorable purchasing terms with special discounts and wholesale. Currently she has to wait for her customers to pay her.

This is why she is coming for a Kiva loan, the first financing she has received from Fundación Mario Santo Domingo. With it she will buy an industrial machine with which she will increase her production of cleaning cloths and so have more profitability. In addition, she will invest in perfume orders and in cosmetics.

We are certain of the success of her Kiva loan because she is supported by her mother, who knows the industrial cleaning cloth market and is the one who is driving her. In addition, she buys her merchandise on the basis of requests from her most profitable customers, whom she looks after, so she needs to respond opportunely to meet their needs.
View original language description ↓
Linda de 19 años de edad, es una joven comerciante, que desde hace un año, se dedica a la venta de productos mediante guidas especializadas. Ella también ayuda a su madre en la fabricación de limpiones industriales que ella misma vende y con lo cual genera otros ingresos. Su principal sueño es mejorar sus condiciones de vida mediante el crecimiento de su negocio, pues en condición de madre de un hijo de un año, tiene en sus manos, toda la responsabilidad de lograr convertirlo en persona exitosa, tal como Linda sueña. En su negocio se esfuerza permanentemente y siempre está pendiente de las oportunidades del mercado, con el fin de lograr ingresos, por eso poco a poco su clientela se ha incrementado y necesita aumentar su capital de trabajo, pues en la actualidad debe esperar a que le paguen sus clientes, reunir un dinero para poder comprar en condiciones mas favorables, con descuentos especiales y en mayores volúmenes. Esta es la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará una máquina industrial, con la que incrementará su producción de limpiones, pues con ello obtiene mas rentabilidad, además de invertir en perfumería encargada y en cosméticos. A su inversión credikiva, le auguramos éxito porque está apoyada por su madre, quien conoce el mercado de limpiones industriales y ella es quien la está impulsando, así mismo porque la mercancía la compra sobre los pedidos de sus clientes mas rentables, a los que cuida y por eso debe responder oportunamente, para que estén satisfechas sus necesidades.

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
  • 560
    View loans »
    Colombia Loans Fundraising
  • $14,876,100
    Funds lent in using Kiva
  • 1,829.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Linda to buy an industrial machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2012
Listed
May 29, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013