Check out some available loans that are similar to this one!
Angela Judith
Angela is 26 years old. She lives in the community of Soledad, 15 minutes from the city. There she sells packaged foods and snacks, and she also sells cosmetics, women's accessories, and perfumes, which she publicizes through special guides or catalogs, which she distributes among her customers, to whom she offers credit, so that they can easily pay for the products they want from Angela's offerings. She also sells soft drinks and beverages such as beers and carbonated beverages, which she offers principally on weekends and for cash. Her principal satisfaction is selling merchandise with special discounts to her customers. Because there are many offers that arrive in her magazine, and even though she places her orders, the working capital that she has is not sufficient to manage to invest in everything that this demand requires of her, in addition to investing in the other products that sell for cash, such as soft drinks, beverages, and snacks. This is the reason why she is turning to a Kiva loan, with which she will buy cosmetics, perfumes, women's accessories, snacks, soft drinks, and beverages, articles that have an important turnover in this second period of the year and with which she will impact her customers. For her business, she has a dream of making it prosper, with the goal of offering a quality education to her children. While she works with conscientiousness so that this can happen, she manages a 15-day turnover on accounts receivable and an average profitability on sales of 15%, indicators from which we project her business growth and we predict much success in her management.
View original language description ↓
Angela de 26 años de edad, vive en el municipio de Soledad a 15 minutos de la ciudad; allí se dedica al comercio de productos alimenticios empacados o mecatos y también vende productos cosméticos, fantasía y perfumería, que promociona mediante guías especializadas o catálogos, los cuales distribuye entre su clientela a quienes les otorga créditos, para que estos fácilmente puedan pagar el producto que desean de la oferta de Angela, quien así mismo, vende refrescos y bebidas como cervezas, gaseosas, los que ofrece principalmente los fines de semana y de contado. Su principal satisfacción es vender mercancías con descuentos especiales a su clientela, porque son muchas las ofertas que llegan en su revista y ella aunque hace sus pedidos, el capital de trabajo con el que cuenta, no es suficiente para lograr invertir en todo lo que esta demanda le exige, mas los otros productos que vende de contado, como refrescos, bebidas y mecatos. Esta es la razón por la cual acude a un credikiva con el cual comprará cosméticos, perfumeria, accesorios femeninos, mecatos, refrescos y bebidas, artículos que tienen rotación importante en este segundo periodo del año y con los cuales impactará a su clientela. Con su negocio tiene el sueño de hacerlo prosperar, con el fin de brindarle una educación de calidad a sus hijos; mientras trabaja con esmero para que esto ocurra, maneja una rotación de cuentas por cobrar de 15 días, una rentabilidad sobre las ventas promedia de un 15% indicadores desde los cuales hacemos las proyecciones de su crecimiento empresarial y auguramos muchos éxitos en su gestión.

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
  • 231
    View loans »
    Colombia Loans Fundraising
  • $12,881,350
    Funds lent in using Kiva
  • 1,797.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Angela Judith to buy cosmetics, perfumes, women's accessories, snacks, soft drinks, and beverages to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Oct 20, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013