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Gladis
Gladis, 66, lives with her husband and son in the southwestern part of the city. She has been a merchant for 24 years because she wanted to help her husband meet her family's needs. Coincidentally, a friend took her to a meeting where she ended up selling a variety of merchandise. Gladis has had several loans with Fundación Mario Santo Domingo, with which she purchased beauty and hair products, perfumes, and creams to sell to customers. She increased her capital and sales potential. She is pleased to have the chance to buy wholesale merchandise, reach her goals, and win prizes that she has sold to earn a bit more money. These prizes are offered to her by the multinational company that sells merchandise to her and provides her with promotional materials.

Her entrepreneurship and loans have helped to make her life and home more comfortable and pleasing, to stabilize her business, and to pave her career path. This makes a good impression on her customers, and they want to visit her business and buy from her. She is applying for her first Kiva loan to buy more beauty products and make improvements to her facilities. This will make her life and that of her family more comfortable, while increasing her working capital and inventory to attract new customers.
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Gladis de 66 años vive con su conyuge y su hijo al sur occidente de la ciudad, desde hace 24 años época de la cual data su expereincia se dedica a la actividad comercial, para dar curso al deseo de apoyar la gestión de su cónyuge en el bienestar de su familia. Así fue como se apoyó en su amiga que casualmente la llevó a una reunión de donde salió vendiendo mercancias variadas. Gladis ha logrado hacer varios créditos a través d ela la Fundación Mario Santo Domingo, con los cuales compró productos de belleza, perfumes, productos capilares y cremas, que vendió a su clientela logrando aumentar su capital y con ello su potencial de ventas; ella está satisfecha porque tuvo la posibilidad de comprar en mayor volumen, cumplir sus metas y como si fuera poco obtuvo premios que vendió en su mercado y ganó un poco mas de dinero, esto último porque está vinculada a una multinacional, donde compra productos y le entregan guias especializadas para que los promociones. Con su trabajo autonomo y el apoyo en finaciamiento, su vida y su casa luce mas cómoda y agradable y su negocio está muy estable, pues pavimentaron las carreteras y esto da mejor imagen a su clientela y deseos de llegar a su negocio a comprarle. En la actualidad está aplicando a su primer credikiva, con el cual comprará más productos de belleza y hará adecuaciones locativas que se encuentran pendientes por hacer, para terminar de darle aun más confort a su vida y a su familia y para aumentar su capital de trabajo adicionando nuevos clientes con los productos que va a vender a su nueva clientela.

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
  • 465
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,777.8
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,700 helped Gladis to buy beauty products and make improvements to her facilities.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2014