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Karina Grey
Using a small amount of money which a friend of her mother lent her, Karina started her business selling clothes three years ago, as she was still very young, but very keen to get ahead. This is proved by the fact that she finished her high school studies at the same time as strengthening the business to the point of selling a variety of products such as shoes, cosmetics, perfume and other articles ordered through catalogues for a specialized brand she has links with.

Karina places her orders and approximately every 16 days, she receives and distributes the merchandise to her customers in the neighborhood and nearby areas where she lives called Siete de Abril, offering them layaway plans [to repay loans in 15 days]. She requests her first Kiva loan to buy a larger volume of merchandise as sometimes while she is awaiting payment, orders are placed that she cannot fulfill due to a lack of capital.

For the last 12 years, she has been living with her long-term partner, who runs a family recycling business, and their two children between the ages of 1 to 4 years of age. They are a very close-knit family and they work together, an example of which has been all the support which they have shown in the face of the difficult situation of overcoming her mother-in-law's illness, both Karina and her partner spend part of their time giving her special care and attention, without neglecting the businesses.

Karina dreams of growing on a professional level, studying public accounting, on a personal level, helping her children grow up with good ethics and on a business level, she wants to have a large store where she can sell all types of merchandise.
View original language description ↓
Con un pequeño capital que le prestó una amiga de su madre, Karina inicio hace tres años su negocio de venta de ropa, siendo aún muy joven pero con muchas ganas de salir adelante. Así lo demuestra el hecho de haber culminado sus estudios de bachiller y simultáneamente fortalecer el negocio hasta el punto de vender variedad de productos como calzado, cosméticos, perfumería y otros artículos encargados a través de catálogos de una marca especializada a la que se encuentra vinculada; Karina realiza sus pedidos y aproximadamente cada 16 días recibe y distribuye la mercancía entre sus clientes del barrio donde vive llamado Siete de Abril y aledaños, ofreciéndoles créditos con pagos quincenales. Solicita su primer credikiva para comprar un mayor volumen de mercancía ya que algunas veces mientras espera que le paguen, le hacen pedidos que no puede atender por falta de capital. Vive desde hace 12 años con su compañero permanente que se dedica a administrar un negocio familiar de reciclaje y con sus dos hijas entre las edades de 1 y 4 años. Son una familia muy unida y se colaboran entre sí, una muestra de eso ha sido todo el apoyo que se han brindado ante la difícil situación de sobrellevar la enfermedad de su suegra, tanto ella como su compañero dedican parte de su tiempo en su especial cuidado y atención, sin descuidar por otra parte los negocios. Karina sueña con seguir creciendo a nivel profesional estudiando contaduría pública, a nivel familiar contribuyendo a que sus hijas crezcan con buenos principios y a nivel del negocio desea tener un gran almacén donde pueda vender toda clase de mercancía.

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
  • 245
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,770.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Karina Grey to buy merchandise such as shoes, clothes and perfume for sale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2012
Listed
Jun 9, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013