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Lica Del Carmen
Lica, 39, lives with her spouse and four children, ages 1 through 19, in the town of Soledad where she conducts the business activities with which she generates income to contribute to the growth of her household. Lica sells a variety of merchandise such as clothing, cosmetics, and perfume. She started this business when a friend offered her products she sold through specialized catalogues. This was how Lica began her first business activity, without being affiliated with the organization her friend was in.

It went very well for Lica because little by little her business grew, so she began to give loans to new customers and to explore markets on their referrals. Today, with the income from her business, she supports her household expenses, she has a select clientele, and she grants short-term loans adjusted to her customers' ability to pay.

Currently she is requesting her first Kiva loan, although this is her third loan from Fundación Mario Santo Domingo. With the previous loans she has managed to increase her working capital, expand her clientele, and generate more profits all the time.

Her first Kiva loan will allow her to invest in a greater volume of clothing and cosmetics than she is accustomed to and give continuity to the growth to which she is committed, so that she and her spouse can achieve greater well-being for their family.
View original language description ↓
Lica de 39 años, vive con su cónyuge y sus 4 hijos en las edades de 1 a 19 años en el municipio de Soledad, donde desarrolla su actividad comercial con la que genera ingresos que aporta al desarrollo de su hogar. Lica vende mercancía variada, como ropa, cosmético y perfumería en general. Este negocio lo inició cuando una amiga le ofreció productos, que esta vendiera mediante guías especializadas, fue así como Lica hizo su primer ejercicio comercial, sin aun ser afiliada de la organización en que su amiga estaba. A Lica le fue muy bien, porque paso a paso su negocio fue creciendo, así empezó a hacerle créditos a nuevos clientes y a explorar mercados que estos le referían. Hoy con sus ingresos provenientes de su negocio, apoya los gastos de su hogar, tiene una clientela exclusiva y otorga créditos a cortos plazos, ajustados a la posibilidad de pago de su clientela. Actualmente está aplicando a su primer credikiva, aunque es el tercer crédito que hace a la Fundación Mario Santo Domingo; con los anteriores financiamientos ha logrado incrementar su capital de trabajo, ha aumentado su clientela y ha generado cada día más utilidades. Su primer credikiva le permitirá invertir en un mayor volumen al acostumbrado, en ropa, perfumes, cosméticos, para dar continuidad a su propuesta de crecimiento en que está comprometida, para unida a su cónyuge, lograr un mayor bienestar para 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

  • $11,100
    Average annual income
  • 483
    View loans »
    Colombia Loans Fundraising
  • $15,261,400
    Funds lent in using Kiva
  • 1,830.0
    Colombia Pesos (COP) = $1 USD
Expired
A loan of $1,650 helped Lica Del Carmen to buy clothing, perfume, and cosmetics.
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2012
Listed
Aug 26, 2012
Currency Exchange Loss:
Possible
Expired:
Sep 25, 2012