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Carmen Segunda
Carmen is 49 years old and works selling shoes and silver jewelry in the town of Palmar, located in the department of Atlántico, where she lives with her spouse and their three children, who are ages between six and eighteen. She used to work as a domestic and was able to save up money little by little and invested in some merchandise. She gradually built her customer base, which is now well-established. She makes her sales on credit and works out one-month repayment terms with the buyers.

She has twice received financing from Fundación Mario Santo Domingo. This organization has helped her grow and increase her and her family's wellbeing. There is currently a market demand to which she can't respond with the returns on her sales, because that money wouldn't be enough to satisfy it. That is why she is requesting a Kiva loan. She will use this financing to purchase shoes and silver jewelry, especially since Christmas and New Year's Eve are approaching and her customers have already placed orders in order to dress up for the holidays, which they want to enjoy with their families.
View original language description ↓
Carmen de 49 años de edad, se dedica a la venta de calzado y prendas de plata, en el municipio de Palmar, ubicado en el departamento del Atlántico, donde vive con su cónyuge y sus 3 hijos en las edades de 6 a 18 años. Ella inicialmente trabajaba en casa de familia y poco a poco logró ahorrar y empezó a invertir en pocas mercancías; gradualmente fue construyendo su clientela, que hoy ha consolidado y les vende a crédito, en plazos pactados con el comprador a un mes. Ella ha recibido 2 financiamientos de la Fundación Mario Santo Domingo, organización, que la ha apoyado en su crecimiento y el aumento de su bienestar y el de su familia. En la actualidad el mercado tiene una demanda, a la cual no puede responder con el dinero de su recuperación de cartera, porque no lograría satisfacerla. Esta es la razón por la cual acude a un credikiva, financiamiento con le cual comprará calzado y prendas de plata, aprovechando que se acercan las navidades y el año nuevo y su clientela ya ha hecho pedidos, para lucir elegantes en estas lindas fiestas de fin de año, las cuales desean disfrutar unidos a su familia.

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
  • 213
    View loans »
    Colombia Loans Fundraising
  • $12,876,400
    Funds lent in using Kiva
  • 1,816.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Carmen Segunda to purchase shoes and silver jewelry.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2012
Listed
Nov 21, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013