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Miriam
Miriam, 56, is the mother of five children aged between 20 and 35. She’s a widow and has succeeded in generating income to support her home by means of her business. She sells varied merchandise via specialized catalogues, a business she started 20 years ago with help from a girlfriend who started her off by giving her merchandise to sell and earn money. She gradually amassed capital of her own and traveled to the city of Medellín where some of the country’s best leather items and clothing are manufactured. She purchased there precisely the merchandise she used to start her business and to date has secured a market share with customers who like the wallets, purses, footwear and other articles made from first-class leather.

She generates income with her business and has been able to educate her children. Her goal is to continue expanding it until all her children have their own houses because that’s one of the dreams that impels her. She’s currently applying for a Kiva loan, her first financing from Fundación Mario Santo Domingo that she’ll use to buy underwear and outerwear, footwear, beauty and personal hygiene products to sell among her clientele because these are the items that rotate best among her customers and many of them have already placed preorders. Because the second semester of the year is a season of increased sales, she’s going to take advantage of this juncture to make her Kiva loan successful.
View original language description ↓
Miriam de 56 años, es madre de 5 hijos en las edades de 20 a 35 años. Ella en condición de viuda, ha logrado generar ingresos para sostener su hogar mediante su negocio, en el que comercializa mercancía variada a través de guías especializadas o catálogos; negocio que inició hace 20 años con la ayuda de una amiga, quien la impulsó entregándole mercancía, para que las vendiera y ganara dinero, Poco apoco fue construyendo su propio capital y viajó a la ciudad de Medellín, lugar donde producen uno de los mejores artículos de cuero y confecciones en el país y donde compró justamente esta mercancía con las que abrió su mercado y hasta la presente ha logrado posición en en un segmento de clientes a quienes les gusta las carteras, bosos, calzado y articulos elaborados en cuero de primera clase. Con su negocio genera ingresos y ha logrado educar a sus hijos. Su meta es continuar ampliandolo, hasta que todos sus hijos tengan su propia casa, pues es uno de los sueños que la impulsan. En la actualidad esta aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprara ropa interior y exterior, calzado, productos de belleza y de aseo personal, para venderlo entre su clientela, pues son estos artículos que mas rotan entre su clientela y muchos de ellos han sido encargados en su preventa. Atendiendo que el segundo semestre del año, en una de las épocas de mayor movimiento comercial, va a aprovechar esta coyuntura, para hacer de su credikiva una inversión 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
  • 361
    View loans »
    Colombia Loans Fundraising
  • $14,083,800
    Funds lent in using Kiva
  • 1,799.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Miriam to buy clothes, underwear, footwear, beauty products and personal use items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Oct 22, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013