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Felipa
Felipa is 56 years old and has a business in which she sells a little of everything, including beer, stationery, accessories for the home, internet services and telecommunications. Her business is located in a part of her home, where she lives with her spouse and four children, who are between the ages of 10 and 20 years. Felipa began her life as an entrepreneur by buying a crate of beer which she then sold retail. The immediate profits she earned from this venture encouraged her to reinvest and gradually increase her product line with various merchandise, such as women’s accessories, stationary and even an internet café. Most of her sales are done on a cash basis, although she also has customers to whom she sells on credit, but before offering financing she observes their behavior and only gradually gives them this option. Her workday begins at 7 am and lasts until 10 pm. She puts a lot of effort into her business because she is determined to add a second floor to her home so that she can separate her personal life from her workspace and have some more peace.

Felipa is currently applying for a Kiva loan, which is her first financing through Fundación Mario Santo Domingo. She will use the loan to buy beer by the crate, which she will distribute through stores and commercial establishments. She plans to make good use of the approaching holiday season when consumption increases and inventories of drinks are exhausted very quickly at a time of maximum selling potential. At the same time, in order to satisfy the demand of her customers, she will buy clothing, footwear and women’s accessories, so that her customers and their families will be well dressed for Christmas and New Year with clothing from her shop. This will allow her to earn a little more than the usual, as always occurs at year end.
View original language description ↓
Felipa de 56 años tiene un negocio donde vende de todo un poco, cervezas, papelería, detalles para el hogar, servicios de internet y telecomunicaciones, en un espacio ubicado en su domicilio, donde habita con su cónyuge y sus 4 hijos en las edades de 10 a 20 años. Felipa inició su vida de emprendimiento comprando una caja de cervezas, que vendió al detalle y obtuvo de manera inmediata utilidades que la entusiasmaron para reinvertir y aumentar su oferta poco a poco con otros artículos como mercancías variadas, accesorios femeninos, papelería y hasta agregó un café internet. Sus ventas las realiza de contado y también tiene una clientela de clientes a los que vende a crédito, pero antes de otorgarle financiamiento observa su comportamiento para gradualmente darle esta opción. Su día de trabajo inicia desde las 7 de la mañana hasta la 10 de la noche, porque trabaja con mucho esmero, pues tiene el gran propósito en un futuro, de hacer una segunda planta a su casa, para independizar su vida personal de su espacio productivo y tener un mayor sosiego. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará cervezas por cajas, para distribuirlas en las tiendas y establecimientos comerciales, aprovechando las fiestas que se acercan, época en la cual el consumo aumenta, mientras en estos negocios se termina muy pronto los inventarios de bebidas dejando de vender en su máximo potencial. Así mismo comprará, para atender la demanda de su mercado, ropa, calzado y detalles femeninos, para que los clientes y sus familias, se vistan muy elegantes y reciban las navidades y el año nuevo, con ropa que ha comprado en la miscelánea de Felipa que le permite a ella ganar un poco más de lo acostumbrado, como ocurre siempre a final del año.

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
  • 272
    View loans »
    Colombia Loans Fundraising
  • $13,623,825
    Funds lent in using Kiva
  • 1,802.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Felipa to buy beer by the crate, clothing, footwear and women’s accessories.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2012
Listed
Dec 14, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014