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Rosalba
63-year-old Rosalba lives in the southern area of her town. She sells merchandise and products through directories and catalogs, because she works with a company that provides them. In her business she has been selling lotions, haircare products, perfumes, garments and shoes for the past 12 years. She started her business in the year 2000, because she decided to get an income in order to help support her family. She sells for cash and on a daily basis, from 8 a.m. to 8 p.m. Her customers are friends and neighbors who work as employees of various companies. Rosalba has had five loans with Fundación Mario Santo Domingo; this is her sixth loan, and she plans to use it to purchase garments and undergarments, shoes and beauty products. These products have appeared in her catalogs at special prices, and she needs to make an impact on her customers with good offers. With her previous loans she has succeeded in increasing her working capital and expanding her clientele. Her current investment will be successful because she'll meet all the orders her customers have made. With that, she'll get her capital to rotate much more and she'll increase her profits.
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Rosalba de 63 años de edad vive al sur de la ciudad y se dedica ala venta de mercancía y productos que promociona mediante guías especializadas o catálogos, pues está vinculada a una empresa que se los provee. En su negocio vende cremas, productos capilares, perfumería, vestuario y calzado, desde hace 12 años cuando inició su negocio en el año 2000, decidida a generar ingresos para apoyar el sostenimiento de su familia. Sus ventas las realiza de contado diariamente desde las 8 de la mañana hasta las 8 de la noche y sus clientes son vecinos y referidos, que trabajan en diversas empresas como empleados. Rosalba ha realizado 5 financiamientos con la Fundación Mario Santo Domingo; su credikiva es el sexto y con el planea comprar, ropa exterior e interior, calzado y productos de belleza, que llegaron en sus catálogos con preciso especiales y necesita impactar a su clientela con una buena oferta. Con sus financiamientos anteriores ha logrado, aumentar su capital de trabajo, y a cobertura de su clientela hoy su inversión será exitosa porque cumplirá a su clientela con los pedidos que le han hecho y con ello su capital rotará mucho más obteniendo nuevas ganancias.

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
  • 551
    View loans »
    Colombia Loans Fundraising
  • $14,652,075
    Funds lent in using Kiva
  • 1,829.8
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $825 helped Rosalba to purchase garments, undergarments, shoes and beauty products.
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Oct 29, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014