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Gloria Esther
Gloria, 52, owns a store in Malambo. She lives there with her husband and a son, 34. She started her business 5 years ago after taking over a store that her son started to raise money for his studies. She has grown the business since then and her income from it helps to support her family. She stocks all the everday products that people in her neighborhood want. She listens to her customers and stocks new products when she can. That's where Kiva comes in: Gloria wants to stock new products for her store and needs this Fundacion Mario Santo Domingo loan to fund the investment. She will buy feminine accessories, kitchenware and other products that her customers have asked her to sell. Your loan will allow her to keep her customers and also provide her neighborhood with a store nearby that they can easily come to. Gloria is a hard-working woman. She starts her day at 6 in the morning and often works 12 hours a day, Mondays to Sundays. She is confident that all her hard work will pay off one day.
View original language description ↓
Gloria de 52 años de edad es la propietaria de una tienda ubicada en el centro de Malambo, donde habita con su esposo y tiene un hijo de 34 años de edad. Desde hace 5 años empezó su experiencia emprendedora, iniciada por su hijo para genera ingresos suficientes, pues estaba recién egresado de sus estudios y no tenia empleo. Posteriormente esta actividad la continuó Gloria, quien ha logrado sostenerla y está empeñada en hacerla crecer mucho más aprovechando su clientela y el punto comercial. En su tienda vende ranchos, víveres, refrescos y en general artículos de la canasta familiar. Gradualmente su clientela pregunta por artículos de miscelánea que aun no tiene y que si ella contara con un capital de trabajo suficiente, pudiera complacer a su mercado. Esta es justamente la razón por la cual acude a un Credikiva, primer financiamiento que hace ala Fundación Mario Santo Domingo, mediante el cual comprará accesorios femeninos, artículos de cocina, fantasía, papelería en general etc Con su credikiva aprovechara el potencial de clientes que van a comprar a otros establecimientos, teniendo Gloria un punto de venta que les queda a un mas cerca y es en este aspecto en el que radica el éxito de un credikiva. Gloria es una mujer muy trabajadora ella inicia su jornada de trabajo desde las 6 de la mañana y muchas veces trabaja mas de 12 horas diarias y de lunes a Domingo. Pero muy seguramente pronto encontrará respuesta de prosperidad a todos estos esfuerzos.

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
  • 191
    View loans »
    Colombia Loans Fundraising
  • $12,876,400
    Funds lent in using Kiva
  • 1,788.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Gloria Esther to stock her retail business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2012
Listed
Jul 29, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2013