Check out some available loans that are similar to this one!
Ana Cristina
Ana Cristina has a general store where she sells stationary products, clothing, shoes, costume jewelry, makeup, etc. Her sales are made cash on hand and on credit to some customers. She opens her store at 8 a.m. and closes at 8 p.m. everyday, this makes her customers know that between the hours that the store is open they can find whatever they need because Ana Cristina is thoughtful enough to please her customers. Her customers are from her neighborhood and surrounding areas. Each season sales increase and Ana Cristina needs enough work capital to please her customers, it is challenge and during December she gets great family satisfaction because her customers buy more and her income increases as well. That is why she needs a credikiva, her first loan with Fundación Mario Santo Domingo, with it she will buy clothing, shoes and Christmas merchandize to please her customers and to keep them loyal all the while she increases her income.
View original language description ↓
Ana Cristina tiene una miscelánea donde vende artículos de papelería, ropa, calzado, fantasía, cosméticos etc. Sus ventas las realiza de contado y también aplica créditos a algunos clientes; ella abre sus puertas desde las 8 de la mañana, hasta las 8 de la noche de cada día, esto hace que su clientela conozca que allí en ese horario, pueden encontrar los artículos que ellos requieren, porque Ana Cristina está atenta a complacerlos siempre. Sus principales clientes están ubicados en la comunidad donde habita y en sectores aledaños a ella. Cada vez que se presenta una temporada, donde usualmente se incrementan las ventas, para Ana Cristina, tener el suficiente capital de trabajo para complacerlos a todos, es un desafío; esto es justamente lo que ocurre en Diciembre, época de grandes satisfacciones familiares, porque se incrementa el consumo de su clientela y sus ingresos también aumentan. Razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará ropa, calzado y artículos navideños, para complacer a su clientela y continuar fidelizándolos, mientras ella estaría aumentando sus ingresos.

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
  • 304
    View loans »
    Colombia Loans Fundraising
  • $13,782,800
    Funds lent in using Kiva
  • 1,794.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Ana Cristina buy blouses, jeans, and elegant clothing in greater quantities.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2012
Listed
Dec 19, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 25, 2014