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Adalgisa
Adalgisa, 53 years old, is a married woman with three children who are between 25 and 35 years old. She lives with her family in Malambo, located on the west bank of the Magdalena River. This is one of five towns that form the metropolitan area of Barranquilla, a city about 20 minutes away. There, Adalgisa makes a living by selling various merchandise, especially cosmetic products, which she promotes through specialized guides. She is a member of a business that supplies her catalog to sell her items. Initially, she began helping her friends to sell and six years ago, when she had a good experience, she decided to generate her own family income by making a living through this commercial activity.

Since she has been doing well for three years, she makes her orders directly to the magazine and does not need intermediaries because her business has grown. Adalgisa has had the opportunity to meet many people through her business, whom also request other products that she doesn't have in her catalog. Therefore, she buys them from independent service providers and has been able to establish good business relationships by buying clothes, bags, shoes, etc. In transactions, she asks for 50% of the total when she delivers the product and the balance is paid 15 days later.

Currently, she is applying for a Kiva loan. She learned about this organization through a friend in town. This is her first loan through Fundación Mario Santo Domingo. With the loan, she will buy bags, clothes, and women's accessories because she has advance orders made by her clients. She also wants to have sufficient working capital to complete these orders by discount shopping so she can offer a good price and have loyal customers.
View original language description ↓
Adalgisa de 53 años de edad, es una mujer casada, madre de tres hijos en las edades de 25 a 35 años, que habita con su familia en Malambo, municipio localizado en la ribera oriental del río Magdalena y es uno de los cinco que conforman el área metropolitana de Barranquilla, ciudad que se encuentra a 20 minutos. Allí se dedica a la venta de mercancía variada especialmente de productos cosméticos, que promociona mediante guías especializadas, pues está afiliada a una empresa que le proporciona su catalogo para la venta de los artículos. Inicialmente empezó ayudando a sus amigas a vender y dese hace 6 años cuando ganó una buena experiencia, decidió generar sus propios ingresos familiares dedicándose a esta actividad comercial. Como le ha ido bien desde hace 3 años hace sus pedidos directamente a la revista y no necesita intermediarios, porque su negocio ha crecido; en su negocio ha tenido la oportunidad de conocer a mucha gente, que también le solicitan otros productos que no tiene su catalogo y por eso compra a proveedores independientes y ha logrado con ellos establecer buenas relaciones comerciales, comprándole ropa, bolsos, calzado etc. En sus transacciones pide el 50% cuando entrega el producto y el saldo lo recupera en 15 días, posteriores a esa fecha. En la actualidad está aplicando a un credikiva, pues conoció de esta organización a través de su amiga en el municipio. Este es el primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará bolsos, ropa, accesorios femeninos, porque tiene encargos que han realizado sus clientes y desea tener el capital de trabajo suficiente para responderles, comprando con descuentos para ofrecerles un buen precio y fidelizarlos.

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
  • 389
    View loans »
    Colombia Loans Fundraising
  • $14,624,375
    Funds lent in using Kiva
  • 1,778.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Adalgisa to buy bags, clothes, and women's accessories.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2012
Listed
Jul 12, 2012
Currency Exchange Loss:
Possible
Ended:
May 20, 2013