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Nelly Esther
Nelly is 53 years old. She is married and has two children with whom she lives in Las Nieves neighborhood. This is where she sells hardware products such as screws, spare parts, wire, electric components, pipes, ironwork, etc. Sometimes Nelly lacks capital with which to buy more stock. She is requesting her first Kiva loan so that she can invest in buying new products for her hardware store and also spare parts (mainly for pressure cookers and fans). Nelly started her business through her husband who received some money from his pension and bought a display case in which to stock some articles in their living room. Gradually their orders grew, as did their customer base. Up to now the business has done very well and has been popular with their neighbors. Their dream is to further grow their business and to have better infrastructure so that they can also start to offer general store products and other miscellaneous goods. This will help to increase their profits. Nelly works every day in order to fulfill her dream. She is a hard-working woman who is devoted to her family.
View original language description ↓
Nelly es una mujer de 53 años, casada y con dos hijos que vive en el barrio Las Nieves donde comercializa artículos de ferretería como tornillos, repuestos, alambres, elementos de electricidad, tubos, herrería, entre otros. Algunas veces carece de capital disponible para comprar mayor surtido, es por esto que solicita su primer credikiva que le permita invertir en la compra de nuevos productos para la ferretería y repuestos principalmente de ollas a presión y abanicos. Nelly inició esta actividad motivada por su esposo, quien al recibir un dinero que le debían producto de su pensión obligatoria, compró una vitrina que surtió de algunos artículos en la sala de su casa. Poco a poco sus pedidos fueron creciendo al igual que sus clientes, hasta el momento le ha ido muy bien y ha tenido acogida entre los vecinos del barrio, por eso su sueño es hacer crecer cada vez más su negocio, tener una mayor estructura donde pueda ofrecer también artículos de miscelánea y variedades, con los que pueda incrementar su rentabilidad. Nelly trabaja día a día para lograr su sueño, es una mujer trabajadora y dedicada a su familia.

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
  • 187
    View loans »
    Colombia Loans Fundraising
  • $13,230,600
    Funds lent in using Kiva
  • 1,773.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Nelly Esther to buy a variety of hardware items and also spare parts for pressure cookers and fans.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2012
Listed
Jun 14, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 30, 2013