Check out some available loans that are similar to this one!
Milena
Milena lives in the city of Malambo with her spouse and her 2 children who are 4 and 10 years old. There she has a hairdresser's shop, where she offers personal and professional image improvement to all her neighbors of the neighborhood and other nearby sectors. The product lines with which she works are cutting hair, hairstyles, make-up, manicure and pedicure, among others, which she offers to her clients who are men, women, girls and boys. She serves her clients daily from 7 in the morning until 9 at night or later if it's necessary.

She started her dedication to beauty many years ago by making home visits, but little by little she assembled her customers concentrated in her neighborhood and since 4 years ago started working from a place in her home. All of this was done with the goal of generating income that would benefit her family, be attentive to her children and in addition develop her potential in this trade, which is what Milena likes the most.

Currently she is applying for a Kiva loan, the first financing that she is requesting with Fundación Mario Santo Domingo, with which she will buy supplies such as shampoo, hair products and general beauty products in greater volume. With this purchase she will gain special discounts which will allow her to reduce her costs and make a little more, in addition to transferring some good prices to her customers, which makes her Kiva loan a successful investment.
View original language description ↓
Milena vive en el municipio de Malambo con su cónyuge y sus 2 hijos en las edades de 4 y 10 años; allí tiene una peluquería, donde ofrece mejoramiento dela imagen personal y profesional a todos sus vecinos del barrio y de otros sectores cercanos; las líneas de productos en las cuales trabaja son el corte de cabello, peinado, maquillaje, manicure, pedicure entre otras, los cuales realiza a sus clientes que son hombres, mujeres niñas y niños, a los que atiende diariamente desde las 7 de la mañana hasta las 9 de la noche o mas si es necesarios. Su dedicación a la belleza la inició hace muchos años trabajando a domicilio, pero poco a poco concentró su clientela concentrándose en su barrio y desde hace 4 años inició en un local de su casa, todo ello con el fin de generara r ingresos que beneficiaran a su familia, estar atenta a sus hijos y además desarrollar su potencial en este oficio, que es lo que mas le gusta a Milena. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará en mayor volumen insumos como Shampoo, productos capilares y en general de belleza; con ello ganará descuentos especiales que le permiten disminuir sus costos y ganar un poco mas, además de trasladarle unos buenos precios a su clientela., lo cual hace de su credikiva una inversión exitosa.

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
  • 495
    View loans »
    Colombia Loans Fundraising
  • $14,967,675
    Funds lent in using Kiva
  • 1,797.0
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,675 helped Milena to buy supplies such as shampoo, hair products and general beauty products in greater volume.
99% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 17, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014