Check out some available loans that are similar to this one!
Yarid Luz
Yarid, 35, is married and has two young children, ages 2 and 4. She is a merchant and a beauty stylist who lives in the town of Soledad, in the metropolitan area of the city of Barranquilla. She has 2 years experience selling cosmetics and perfumes, and applying beauty treatments. With her business she has earned the income to support the well-being of her family.

Yarid went from being employed to starting her own business once she decided to be independent, offering consumer beauty products and services. Her sales are made daily, in cash and also by credit, to a clientele made up of friends, neighbors and referrals. Her goal is to later have larger, independent facilities, but her biggest challenge in the short term is not having enough working capital to achieve it.

This is why she is requesting a loan from credikiva, with which she will buy cosmetics, shoes, perfumes, beauty products like dyes, nail polish, etc. Along the way, Yarid strives to turn her dreams into reality, relying in the first place on this financing, which she foresees as a success because it comes at a time of a lot of commercial activity. The customers have money to spend because of premiums and bonuses from work, and she usually does very well during this season.
View original language description ↓
Yarid de 35 años de edad vive en el municipio de Soledad, área metropolitana de la ciudad de Barranquilla; ella es comerciante y estilista de belleza y está casada y tiene dos pequeños hijos de 2 y 4 años. En su negocio tiene 2 años de experiencia vendiendo productos cosméticos, perfumería y aplicando tratamientos de belleza; con esta actividad ha generado ingresos para apoyar el bienestar de su familia. Yarid pasó de ser empleada a emprender su propio negocio, una vez decidió ser independiente ofreciendo servicios de belleza y productos derivados de este oficio, dirigido a consumidores finales. Sus ventas las realiza de contado, diariamente y también a crédito, a una clientela conformada entre amigos, vecinos y referidos por estos. Su meta mas adelante es tener instalaciones independientes y de mayor tamaño, pero su mayor desafío para cumplirla a corto plazo, es que su capital de trabajo no es suficiente para lograrlo. Esta es la razón por la cual acude a un credikiva, con el cual ,comprará cosméticos, calzado, perfumería, productos de belleza como tintes, esmaltes etc. Mientras todo esto ocurre Yerid se esmera trabajando con el fin de convertir sus sueños en realidad, apoyándose en primera instancia en este financiamiento, con el que prevee tener éxito, porque ocurre en una época de mucho movimiento comercial, donde la clientela tiene dinero disponible por efecto de primas y bonificaciones laborales y a ella usualmente le va muy bien en esta temporada..

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
  • 534
    View loans »
    Colombia Loans Fundraising
  • $14,658,975
    Funds lent in using Kiva
  • 1,832.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,375 helped Yarid Luz to buy cosmetics, shoes, perfumes, beauty products.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2012
Listed
Oct 30, 2012
Currency Exchange Loss:
Possible
Ended:
May 7, 2014