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Luz Dary
Luz Dary is 47 years old. She is a married woman who lives in the south of the city together with her husband and her two children who are 18 and 21 years old. She has been selling bags, belts and footwear for 15 years since she started her business to make a second income for her family and improve the welfare of her household. Luz Dary sells bags and leather goods every day direct to end consumers. She mainly sells on credit although she also occasionally sells for cash. She buys directly from manufacturers for cash. Her customers are company workers who make a salary and so her business has done very well. On pay days she goes to visit her customers in order to collect payment. She is currently applying for a Kiva loan. It is her seventh from Fundación Mario Santo Domingo and previous loans have enabled her to have capital available. This has increased her possibilities for buying merchandise and increased her sales volumes. Luz Dary will use her Kiva loan to respond to orders that her new customers have promised to place with her. These are customers who have been referred to her and who will help her to strengthen her business even further. Luz Dary will buy footwear, bags and wallets in larger quantities. She plans to grow her business as she hopes to support her children in finishing their university studies. Her biggest challenge is finding new manufacturers so that she can diversify the fashionable designs she sells as this attracts customers. It also helps her to stay in the market.
View original language description ↓
Luz Dary de 47 años de edad es una mujer casada que vive al sur de la ciudad con su esposo y sus dos hijos en las edades de 18 y 21 años de edad. Su trabajo diario es comercializar bolsos, correas y calzado desde hace 15 años, época en la cual inició su negocio, para generar una alternativa de un segundo ingreso familiar, con el cual aumentara cada vez más el bienestar de su hogar. Luz Dary vende diariamente y directamente bolsos y artículos de cuero a consumidores finales, en las modalidades de crédito principalmente, aunque también vende de manera ocasional de contado. Así mismo compra directamente a productores, de contado los artículos a sus clientes, quienes son trabajadores de empresas que devengan un salario con los cuales les ha ido muy bien, pues en los días de pago, se acerca a ellos para lograr que su cartera tenga un cobro efectivo. En la actualidad está aplicando a un credikiva, séptimo crédito que recibe de la Fundación Mario Santo Domingo, mediante el cual ha logrado tener un capital de efectivo disponible, que aumentó sus posibilidades de comprar mercancías, con las cuales logró el aumentó en su volumen de ventas. Con su credikiva responderá a compromisos de pedidos adquiridos con sus clientes nuevos, que han sido referidos y con los cuales fortalecerá aun más su actividad, comprando calzado, bolsos, billeteras en mayor volumen. Su meta de trabajo y crecimiento de negocio, está fundamentada en la ilusión de lograr apoyar la finalización de los estudios universitarios de sus hijos y su mayor desafío es encontrar nuevos productores, que le faciliten diversificar los diseños en el marco de la moda, pues esto atrae clientela, conveniente para lograr sostenerse siempre en el mercado..

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
  • 297
    View loans »
    Colombia Loans Fundraising
  • $13,971,825
    Funds lent in using Kiva
  • 1,784.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Luz Dary to buy footwear, bags and wallets in larger quantities.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2012
Listed
Jul 15, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2013