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Zahare
Zahare is 21 years old and studies at the university. For a long time her mother had various stores in the commercial center of the city, but she decided to close them so that she could become a psychologist. She hoped that her daughter would take over the business and continue serving her clients, and in fact, Zahare decided to continue the business. She sells merchandise, specifically shoes, clothing, and accessories such as watches and jewelry. Everything is imported from the United States and is brought by her friend that frequently travels internationally. Her customers are friends and colleagues from the university. Because of this, Zahare often brings her merchandise to the university to sell it there, taking advantage of all of her social networks.

Now Zahare is seeking a loan from Kiva, her first loan from La Fundación Mario Santo Domingo. With the loan she will purchase merchandise in bulk, such as shoes and clothing. In the high seasons, such as the second half of the year, the demand of her customers increases greatly and she wants to be able to buy greater quantities of merchandise and take advantage of her friend's travels. Zahare hopes that her income from her business will be able to help her continue studying and that she will be able to graduate from the university so that she will have a future filled with success.
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Zahare tiene 21 años y estudia en la universidad. Su madre tenía varios almacenes durante mucho tiempo en un centro comercial de la ciudad, pero decidió cerrarlos para trabajar como psicóloga. Así fue que ella quiso que su hija siguiera sirviendo a estos clientes, por esta razón Zahare decidió seguir trabajando, en la venta de mercancías, específicamente zapatos, ropa, accesorios como relojes y bisutería, todo importado de los Estados Unidos, traído por una amiga que viaja mucho al exterior. Sus clientes son amigos y compañeros de la universidad: de hecho, Zahare trae su mercancía a la universidad para venderla allí, aprovechando de todas sus redes sociales para hacer las ventas y también distribuye entre otros clientes a quienes envía los productos a su casa.
En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará un mayor volumen de mercancías como calzado y ropa, pues en temporadas altas, como el segundo semestre del año, la demanda de sus clientes aumentan mucho, y quiere poder comprar mas cantidades de mercancía, aprovechando de los viajes de su amiga. Ella espera que sus ingresos por este negocio la puede ayudar a seguir estudiando y poder graduarse de la universidad para lograr en un futuro ser mucho mas exitosa.

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
  • 298
    View loans »
    Colombia Loans Fundraising
  • $13,837,750
    Funds lent in using Kiva
  • 1,801.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Zahare to buy merchandise, such as shoes and clothing, in bulk.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 25, 2012
Listed
Oct 8, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013