Check out some available loans that are similar to this one!
Johanna
Johana, 32 years old, lives with her husband and two children, 3 and 9 years of age, in the south of the city where she has her business. She has over 8 years of experience, and using her natural inclination for sales taught herself how to run her business. Today she sells small home appliances, clothing, and health and beauty products using specialized guides or catalogues. Products are distributed on credit directly to the client, and her days begin around 2:00pm and last until 6:00pm as the rest of the day she tends to her home. Her goal is to have her own commercial space where she can exhibit her products and position herself well in the market, because her dream is to have her own home.

She is currently applying for a Kiva loan, her first from the Fundación Mario Santo Domingo, with which she will buy beauty and health products, clothing and small appliances, which are some of the items her clients order in pre-sales. She will buy these products in bulk with this loan, and the lower prices that she receives will be passed on, not only to her own profits, but also in the better prices that she offers to her clients. This is what will make her loan from Kiva a success.
View original language description ↓
Johana de 32 años de edad, vive con su cónyuge y sus 2 hijos en las edades de 3 y 9 años al sur de la ciudad, donde se dedica a la actividad comercial. Su experiencia data desde hace 8 años, dando curso libre a su natural inclinación por las ventas, generó su propio emprendimiento. Así fue como inició su negocio y hoy vende electrodomésticos para el hogar, ropa, productos para la salud y para la belleza mediante guías especializadas o catálogos. Los artículos son distribuidos a crédito directamente a su clientela y su día de trabajo inicia, desde las 2 :00 hasta las 6 de la tarde, pues el resto del día atiende las actividades domésticas y reproductivas propias de su hogar. Su meta es tener un local comercial, donde pueda exhibir sus productos y posicionarse en el mercado, porque su sueño de prosperidad es tener una casa propia y trabajando de la mano de su cónyuge lo va a obtener. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará productos de belleza, para la salud, ropa y electrodomésticos menores, que son parte del pedido de sus clientes que ha registrado cuando realizó la preventa; a ellos una vez invierta impactará con los precios de sus productos, los cuales al comprar de contado son mucho mas favorables y trasladará este beneficio, no solo a sus utilidades, sino al precio de ventas que ofrecerá a su clientela y esto es justamente lo que hace que su credikiva sea exitoso.

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
  • 280
    View loans »
    Colombia Loans Fundraising
  • $13,610,900
    Funds lent in using Kiva
  • 1,797.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Johanna to buy beauty and health products, clothes, and small appliances.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2012
Listed
Oct 21, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013