Check out some available loans that are similar to this one!
Yudy
Yudy, 47, lives in the southern part of the city with her husband and her 16-year-old daughter, who she dreams of seeing as a successful professional. Before she started her business, Yudy lived for a year in the United States. With her hard work, she was able to save and she began to sell merchandise from that country. When she returned to Colombia, she continued this activity because she had a large number of customers in Sincelejo, a city also located on the Caribbean coast. Little by little, she went strengthening her business and today she has been able to maintain it and generate more income with which she contributes to the wellbeing of her home. Her main customers are employees of private and public businesses, who are familiar with her system of selling on credit and are part of a healthy loan portfolio.
Currently, her orders are greater than her ability to fill them in a timely manner. This is why she is applying for a Kiva loan. This is the first round of financing from Fundación Mario Santo Domingo. She will buy blouses, sweaters, handbags, perfumes, and pants, which will make her family and her customers look elegant for Christmas and the New Year, when they hope to show off their elegance and distinction and to await 2013 with plenty of happiness and unity in her home.
View original language description ↓
Yudy de 47 años de edad vive al sur de la ciudad con su esposo y su hija de 16 años de edad, con quien sueña ver convertida en una profesional exitosa. Yudy antes de iniciar su negocio vivió durante 1 año en Estados Unidos. Con su trabajo persistente logró ahorrar y también empezó a vender mercancías desde ese país; cuando regresó a Colombia continuó esta actividad comercial pues contaba con un importante número de clientes en Sincelejo, ciudad ubicada en la Costa Caribe también. Poco a poco fue fortaleciendo a un mas su negocio y hoy ha logrado sostenerlo y genera mas ingresos con los cuales ayuda al bienestar de su hogar. Sus principales clientes son empleados de empresas públicas y privadas, que conocen su sistema de venta a crédito y forman parte de una saludable cartera de crédito. En la actualidad los pedidos son superiores a su capacidad de respuesta oportuna y esta es la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará blusas, suéteres, bolsos, perfumería y pantalones, que hagan lucir elegante a la clientela y a su familia, en las navidades y el año nuevo, donde esperan lucirse con su elegancia y distinción, para esperar el 2013 con mucha felicidad y unidad en su hogar.

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
  • 466
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,787.3
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Yudy to buy blouses, sweaters, handbags, perfumes, and pants.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2012
Listed
Dec 21, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013