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Beatriz has a variety store where she’s been selling a wide selection of goods for 16 years. Her inventory’s diversity has led to her sustainability and every season she’s willing to invest everything necessary to meet her needs. This is how at the end of the year Christmas and New Years are the main reasons for her sales and this is why she needs working capital to have everything her customers need without exception because her prices are fair and her variety store is very well-known in her neighborhood; they even wait for her f she’s away shopping or doing other chores her business requires. She sells for cash and some on credit. She’s very happy in her business because she says she needs answer to no one, that is, she likes the autonomy with which she’s developed her capacity to work.

She’s currently applying for a Kiva loan, her first financing with Fundación Mario Santo Domingo to buy assorted clothing and shoes that will do until the next season, like Mother’s Day, arrives and she can also sell them then. Her Kiva loan will be very successful because of the busy commercial season in which it will be invested because all her customers will have their needs, wishes and interests met in her variety store.
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Beatriz tiene una miscelánea donde ofrece gran variedad de productos desde hace 16 años, la diversidad de su oferta ha logrado su sostenibilidad y ella en cada época está dispuesta a invertirle todo lo relacionado con las exigencias de ella. Así es como a final de año las navidades y el año nuevo son los motivos principales de sus ventas y por eso necesita capital de trabajo, para lograr tener todo lo que su clientela necesita sin excepción, pues sus precios son justos y el reconocimiento de su miscelánea en el barrio es notorio, hasta la esperan si ella se ausenta por hacer sus compras u otros trámites que su negocio requiere. Sus ventas las hace de contado y algunas a crédito; ella está muy feliz en su negocio, porque dice no rendirle cuentas a nadie, es decir le gusta su autonomía y con ella ha desarrollado su capacidad de trabajo. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará ropa variada y calzado que le sirvan hasta que llegue otra temporada comercial, como el día de las madres, donde también pueda ofrecerlas. Su credikiva será muy exitoso por la época de gran movimiento comercial en la cual será invertido, porque todos sus clientes tendrán la respuesta a sus necesidades, deseos e intereses, en su miscelánea.

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
  • 275
    View loans »
    Colombia Loans Fundraising
  • $13,826,450
    Funds lent in using Kiva
  • 1,797.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Beatriz De La Asunción to buy assorted clothes and shoes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2012
Listed
Dec 17, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013