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Ledy
Ledys, 62, is waiting for the second season in the year when sales are best. Her 32 years’ experience as a merchant have taught her how to work each season and this is the one she puts her greatest effort and all working capital into in order to attain higher income that will generate family wellbeing.

Among the products she sells the most are footwear, cosmetics and women’s costume jewelry. Large part of what she sells she does so on credit among customers she’s won over during her career as a merchant. She’s been associated with Fundación Mario Santo Domingo for more than 20 years and she’s gotten 20 loans that have made it possible for her to grow in all aspects: personal, family and business.

Her goal is to continue expanding her working capital and this is the season to do so which is why she’s come by to request a Kiva loan to buy clothes, footwear, perfumery, costume jewelry, small home appliances based on prior orders and also to have on-hand before end-of-year prices rise. With her Kiva loan she will be able to qualify for advance purchase pricing and will have merchandise for a good price because she’s anticipated their rise in price and will be able to keep her customers to whom she owes her business satisfied.
View original language description ↓
Ledys de 62 años de edad espera la segunda temporada del año para hacer su mejor venta del año; su experiencia de 32 años de ser comerciante, le ha enseñado como trabajar en cada época y esta es en la que invierte su mayor esfuerzo y todos los recursos de capital de trabajo, para lograr incrementos en sus ingresos, que generen bienestar para su familia. Entre los productos que mas vende están el calzado, los cosméticos y la fantasía femenina, gran parte de ellos los vende a crédito, entre clientes que ha ido ganando a lo largo de su vida empresarial. Desde hace mas de 20 años está vinculada a la Fundación Mario Santo Domingo, donde ha recibido 20 financiamientos, que le han permitido progresar en todos los sentidos, personal, familiar y empresarial. Su meta es continuar ampliando su capital de trabajo y esta es la época para hacerlo, por eso se ha acercado a solicitar un credikiva, con el cual comprará ropa, calzado, perfumería, fantasía y electrodomésticos menores, sobre pedidos y también para tener en existencia, antes de que aumenten sus precios de fin de año. Con su credikiva ganará el costo de la oportunidad y tendrá mercancía a un buen precio, pues se ha anticipado al incremento de estos y así logrará satisfacer a su fiel clientela, a quien se debe su negocio.

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
  • 162
    View loans »
    Colombia Loans Fundraising
  • $12,834,025
    Funds lent in using Kiva
  • 1,790.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Ledy to buy merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 8, 2012
Listed
Aug 22, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013