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Yulieth Patricia
Yulieth is 27 years old and lives with her husband, her 3-year-old son and 5-year-old daughter in the town of Soledad, a town on the Caribbean coast of Colombia. She has a business whereby she sells perfume and merchandise by catalogue to neighbours and friends in her neighbourhood, going door to door managing to generate income that benefits the livelihood of her home. Five years ago she started this business as a form of employment, with so few job opportunities in the city, she decided to start her own business venture. Initially she sold merchandise through only one magazine or specialized guide and in the last 5 years, continued to increase her product offerings and now sells undergarments, blouses, perfume and footwear.

Yulieth is applying for a Kiva loan to buy more of these products, to sell to her customers. These products are currently at very good discounts and the objective is to take advantage of these offers to gain new customers and increase her revenue and this is precisely the success of her Kiva loan investment. With two small children, Yulieth wants very much to improve the lives of family therefore, one of her goals is to save revenue of her business to buy a family car and to make her distribution job easier as well as to share more in her family.
View original language description ↓
Yulieth tiene 27 años y vive con su esposo, un hijo de 3 años y una hija de 5 años en el municipio de Soledad, municipio en la costa caribeña de Colombia. Ella tiene un negocio mediante el cual vendiendo perfumes y mercancías por catalogo a vecinos y amigos en su barrio, caminando casa a casa, logra generar ingresos que benefician el sustento de su hogar. Hace 5 anos que empezó este negocio como su forma de empleo, pues con tan pocas oportunidades laborales en la ciudad, decidió emprender su propia aventura de negocios. Inicialmente vendió productos mediante una sola revista o guía especializada y posteriormente en sus últimos 5 años, siguió aumentando su oferta de productos y ahora vende ropa interior, blusas, perfumes y calzados. Yulieth esta aplicando a un credikiva, para comprar mas de estos productos y vender a sus clientes; estos productos en la actualidad vinieron con muy buenos descuentos y el objetivo es aprovechar estas ofertas para ganar nuevos clientes y aumentar sus ingresos y esto es justamente el éxito de su inversión credikiva. Pues con dos hijos pequeños, Julieth quiere mucho, mejorar la vida de su familia, por eso una de sus metas es ahorrar los ingresos de su negocio para comprar un vehículo familiar y facilitar su tarea de distribución así como compartir mucho mas en 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

  • $6,070
    Average annual income
  • 261
    View loans »
    Colombia Loans Fundraising
  • $13,343,550
    Funds lent in using Kiva
  • 1,800.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Yulieth Patricia to buy undergarments, blouses, perfume and footwear.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2012
Listed
Oct 7, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013