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Angela
Ángela lives with her spouse and 5-year-old son in the city of Cartagena where she works selling silver jewelry and also candy to her main customers who are her neighbors and people from other parts of the city referred to her by them. She sells on credit and for cash working every day from 8am until 6pm.

Her business idea arose because she was jewelry store employee and learned how to recognize quality jewelry, especially items make of silver and sometime later she became independent and started selling chains, earrings and bracelets.

She’s currently applying for a Kiva loan, her first financing with Fundación Mario Santo Domingo to buy a larger amount of silver jewelry items to sell among her customers who have already placed orders for items to sport at Christmas and New Year’s. Her goal is to make the business grow and to own a house because her greatest challenge is to provide the best well-being conditions for her son to have a successful future.
View original language description ↓
Ángela vive con su cónyuge y su hijo de 5 años de edad en la ciudad de Cartagena, donde se dedica a la venta de prendas de plata y también vende dulces entre sus principales clientes, que son sus vecinos y referidos por estos, en otros sectores de la ciudad, a quienes les vende a crédito y de contado, diariamente trabajando desde las 8 de la mañana hasta las 6 de la tarde. Su idea de negocio nació, porque fue empleada de un almacén de joyas y aprendió a conocer la calidad de estas, especialmente las producidas en plata, y tiempo después se independizó e inició la venta de cadenas, aretes, pulsos y pulseras. En la actualidad está aplicando a un creidkiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará en mayor volumen prendas de plata que distribuirá entre sus clientes, quienes desde ya, han hecho sus pedidos para lucirlos en navidad y año nuevo. Su meta es hacer crecer su negocio y tener su propia casa, porque su mayor desafío, es brindar a su hijo las mejores condiciones de bienestar, para que tengan un futuro exitoso.

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
  • 483
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,790.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Angela to buy larger amounts of silver jewelry items.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2012
Listed
Dec 20, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013