Check out some available loans that are similar to this one!
Nelvis Judith
Nelvis is 35 years old and makes a living selling various goods from her home, located in the southwest of her city. She lives with her spouse and 5-year-old son.

In her business, she mainly sells kitchen utensils, undergarments, bedspreads, sheets, medications, multivitamins, and beauty products. She has two years of experience in the commercial sector, since the moment when she decided to support the management of the family income. Until that point, this had been almost completely the responsibility of her spouse. She had studied to be a nurses' aid, and she only had temporary jobs.

She markets the products which she sells by making visits to new clients and offering pre-sales to returning clients, who send her referrals to help her manage her business.

She makes her purchases on credit, taking into account the ability of her clients to pay and the possibilities of monthly and weekly payments, according to the frequency which has been agreed upon.

Her goal is to expand her business in order to increase her profits and to continually support the wellbeing of her family. She currently needs to expand her working capital, which is why she has applied for a Kiva loan.

This is her first loan with the Mario Santo Domingo Foundation, which she will use to buy undergarments, outerwear, medications, multi-use products and Christmas decorations. She will then be able to satisfy the orders of her clients, which she took during her pre-sale and which will help her to generate more income. This will allow her to achieve success with the investment from her Kiva loan.
View original language description ↓
Nelvis de 35 años de edad, se dedica al comercio de mercancías variadas en su domicilio ubicado al suroccidente de la ciudad, donde habita con su cónyuge y su pequeño hijo de 5 años. En su negocio vende utensilios de cocina, ropa interior, cubrelechos, sábanas medicamentos, multivitamínicos y productos de belleza principalmente. Ella tiene 2 años de experiencia en la actividad comercial, desde que decidió apoyar la gestión de ingresos que hasta ese momento estaban a cargo de su cónyuge casi en su totalidad, pues había estudiado auxiliar de enfermería y solo contaba con trabajos provisionales. Los productos que vende, los promociona a través de visitas a nuevos clientes y haciendo preventa a antiguos, que le envían referidos para apoyarla en su gestión empresarial. Sus ventas las realiza a crédito, teniendo en cuenta la capacidad de pago de su clientela y la posibilidad de sus cuotas mensuales, semanales de acuerdo a la frecuencia que pacte con cada uno de ellos. Su meta es ampliar su negocio para aumentar sus ingresos y apoyar cada vez más el bienestar de su familia. En la actualidad requiere ampliar su capital de trabajo por eso está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará ropa interior, ropa exterior, medicamentos, multiusos y adornos navideños, con los cuales responderá a los pedidos de sus clientes, que tomó en su preventa y le ayudará a generar mas ingresos, lo cual es la razón de éxito de su inversión de credikiva.


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

  • $11,100
    Average annual income
  • 472
    View loans »
    Colombia Loans Fundraising
  • $15,266,825
    Funds lent in using Kiva
  • 1,824.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Nelvis Judith to buy undergarments, outerwear, medication, multi-use products, and Christmas decorations.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Possible
Ended:
May 20, 2014