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Adtrid
Astrid, 37, lives in the city of Barranquilla. She’s a communal mother, that is, she participates in a program of the Colombian government by which pre-school age children are assigned to her and to her home so that she can care for them and feed them while their parents who are her neighbors work.

By means of this community work, Astrid has met many people who have become her main customers in her business selling beauty products on credit. She learned this business from her mother more than 14 years ago since she worked selling assorted merchandise and taught her how to choose her beauty products credit customers, how to collect her accounts receivable and her parents also gave her initial capital to work with. This is how she started and today it’s a business that generates income she can support her home consisting of her spouse and three children aged between 6 and 15 with.

Her goal is to multiply her sales and this is one of her greatest challenges because she does not have sufficient working capital to quickly increase them, especially during this end-of-year season when she’s able to sell out everything she stocks. This is why she’s calling on a Kiva loan to buy talc, cologne, shampoo, creams and hair products because her greatest goal is to expand her market; she will gradually accomplish this with well-applied business loans.
View original language description ↓
Astrid es una mujer de 37 años de edad, que vive en la ciudad de Barranquilla, ella es madre comunitaria, es decir forma parte de un programa del gobierno colombiano, en el cual asignan niños en la primera infancia para que en su vivienda sean cuidados y alimentados mientras sus padres, que son sus vecinos trabajan. Astrid en esta actividad comunitaria, ha logrado conocer a muchas personas y se han convertido en sus principales clientes de su negocio, de venta de productos de tocador que distribuye a crédito. Este negocio lo aprendió de su madre, hace mas de 14 años, pues ella se dedicaba a la venta de mercancía variada y la enseñó a seleccionar a sus compradores de productos a créditos, a recuperar las cuentas por cobrar y también sus padres le dieron un capital para que trabajara. Así fue como empezó, y hoy es un negocio que le ofrece ingresos con los que apoya el sustento e su hogar, conformado por su cónyuge y sus 3 hijos en las edades de 6 a 15 años. Su meta es multiplicar sus ventas y esta es uno de sus mayores desafíos, porque no cuenta con el suficiente capital de trabajo, para rápidamente incrementarlas, especialmente en la época de fin de año, en la cual todo lo que ofrece lo vende. Esta es la razón por la cual acude a un credikiva, mediante el cual comprará talcos, colonias, shampoo, cremas y productos capilares, pues su propósito más importante, es lograr ampliar su mercado y esto es justamente lo que gradualmente logrará, con créditos bien aplicados a su negocio.

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
  • 192
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 1,816.7
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Adtrid to buy talc, cologne, shampoo, creams and hair products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2012
Listed
Nov 23, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013