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Ingris
Ingris is 34 years old and has a business located in the city center, where she sells varied merchandise such as hats, glasses, belts, and compact disks, to customers who frequently visit the city center. From a young age she was a businesswoman, selling bocadillos [guava jelly] and gradually expanded her inventory. She got the opportunity to buy a colmena [sales stall] in a market and then stocked it with other products already mentioned.

Every day Ingris serves her business and offers articles from 7:00 am to 7:00 pm. Sometimes she buys on credit and others in cash. In other words, not all the times she finds good prices because she can't buy in volume when there are discounts because she doesn't have enough working capital to do so. This is why she is applying for a Kiva loan, first financing she makes to Fundación Mario Santo Domingo, with which she will buy belts, compact disks, hats, so she will have a lot of diversity in her inventories. This is precisely what will make the investment of her Kiva loan successful.
View original language description ↓
Ingris de 34 años de edad, tiene un negocio ubicado en el centro de la ciudad, donde vende mercancía variada como gorros, gafa, correas y compact disk, a clientes que usualmente visitan el centro de la ciudad. Desde muy joven se dedicó a la actividad comercial, vendiendo bocadillos y poco a poco fue ampliando su inventario, pues se le presentó la oportunidad de comprar una colmena (puesto de ventas), en el mercado que surtió con otros productos ya mencionados. Todos los días desde la 7 de la mañana hasta las 7 de la noche Ingris atiende su negocio y ofrece artículos, que algunas veces compra a crédito y otras de contado, es decir no todas las veces encuentra buenos precios, por no comprar en volumen cuando existen posibilidades de descuentos, debido a que no cuenta con el capital de trabajo suficiente para hacerlo. Esta es la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará correas, discos compactos, gorros y así tendrá mucha diversidad en sus inventarios, y esto es justamente lo que hace que su inversión de su credikiva sea 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

  • $11,100
    Average annual income
  • 552
    View loans »
    Colombia Loans Fundraising
  • $14,876,100
    Funds lent in using Kiva
  • 1,799.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Ingris to buy belts, CDs, and hats.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2012
Listed
Oct 17, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013