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Estela
Estela is 62 years old. She is a married woman with one 32 years old son. Her dream is for him to always be prosperous and succesful. She is a merchant, selling products via specialized catalogs. She offers them to a clientele she has established over 5 years. She started this business with the purpose of helping her husband to increase their household income, while he retires as a driver. Her customers are private residents of the area. They order merchandise from her according to the season. She sells on credit and they pay her every two weeks. She pays for her merchandise up front. The products with the biggest rotation are cosmetics, perfume and fantasy articles, among others. Right now, she is applying for a Kiva loan with which she will buy cosmetics, beauty products, fragrance, jewelry and skin care products to respond to her customers. Her immediate goal is to increase her sales and her clientele and in the future obtain a home improvement loan to improve her house and feel much happier.
View original language description ↓
Estela de 62 años, es una mujer casada que tiene tiene 1 hijo de 32 años, con el que sueña verlo siempre próspero y muy exitoso. Ella se dedica al comercio de productos mediante guías especializadas o catálogos, que ofrece a una clientela construida desde hace 5 años, cuando generó esta alternativa, con el fin de ayudar a su esposo a aumentar los ingresos del hogar, mientras se pensionara como conductor. Sus clientes son particulares y vecinos del sector, quienes le encargan mercancía variada de acuerdo a cada época; Sus ventas las realiza a crédito y le pagan cada 15 días y sus compras las hace de contado; las mercancía de mayor rotación, son los productos naturales como cosméticos, perfumería y articulos de fantasia entre otros. En la actualidad está aplicando a un credikiva mediante el cual comprará, cosméticos, productos de belleza, fragancia, bisutería y productos que cuidan la piel; con ello responderá a su clientela, pues su meta inmediata es incrementar sus ventas y su clientela y a futuro obtener un crédito de mejoramiento de vivienda, para aumentar sus condiciones habitacionales y sentirse mucho mas felíz.

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
  • 469
    View loans »
    Colombia Loans Fundraising
  • $15,266,950
    Funds lent in using Kiva
  • 1,800.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Estela to buy cosmetics, beauty products, fragrance, jewelry and skin care products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 10, 2012
Listed
Sep 27, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013