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Betty Isabel
Betty is 58 and has two businesses. On one hand, she sells products through specialized catalogue guides. On the other hand, she offers the service of renting out machines for washing. She has been in sales for 10 years. When she started, she connected herself to a business that offers its products through catalogues. Later, she purchased machines for washing one at a time, and his way has grown. Today she sells clothing for men and women, lingerie, home goods, and toiletries. She accepts cash and credit. Her dream is to increase the number of customers and support her children in the education of her grandchildren.

Currently she is applying for a Kiva loan, her first loan with the Mario Santo Domingo Foundation. Through the loan, she will purchase clothing for women, men, and children. She wants to bring cheer to Christmas and New Year’s parties for her customers. Through selling her clothing, she wants to make them feel very elegant and happy with their families during these festivals that are so important to them. Meanwhile, each time Betty sells an article of clothing, she will earn a little more money.
View original language description ↓
Betty de 58 años tiene 2 negocios, por un lado vende productos mediante guías especializadas y por otro lado ofrece el servicio de alquiler de maquinas para lavar. Su actividad de comerciante data desde hace 10 años, cuando inició vinculándose a una empresa que ofrece sus productos mediante catálogos; posteriormente fue comprando poco a poco las maquinas lavadoras y de esta manera ha ido creciendo. Hoy vende ropa masculina y femenina, lencería, artículos para el hogar, productos de tocador, de contado y también a crédito. Su meta es aumentar el número de sus clientes y apoyar a sus hijos en la educación de sus nietos. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará vestidos para damas, caballeros e infantil, porque quiere alegrar la navidad y las fiestas de año nuevo de sus clientes, logrando que con sus prendas de vestir, se sientan muy elegantes y felices en familia en estas fiestas tan importantes para ellos, mientras tanto Betty estará cada vez que venda una prenda, ganando un poco mas de dinero.

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
  • 577
    View loans »
    Colombia Loans Fundraising
  • $14,702,900
    Funds lent in using Kiva
  • 1,761.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $600 helped Betty Isabel purchase clothing for women, men, and children.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2012
Listed
Jan 5, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2014