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Vanessa
Vanessa is 22 years old and lives in the south of the city in a neighborhood where Barranquilla ends and the municipality of Soledad begins. Here formal economic activities are focused on including work in malls and stores while informal activities occur around them. The local state has relocated them to a commercial plaza where they are now concentrated. Here with their owners, educational action is being taken to formalize their work and improve their productiveness.

Vanessa works here, who since she was very young at 17 years old, began selling goods. Her father strengthened her impetus and gave her seed capital for it. Here she received the encouragement of two friends who made her dream of what has today become her business, where she sells footwear in formal and informal styles. She makes her sales in cash and on a daily basis from 9 am to 9 pm. She makes her purchases in warehouses located in the center of the city and on credit.

She is currently applying for a Kiva loan, her first loan with Fundación Mario Santo Domingo, through which she willl buy with cash and in large volume attractive footwear for one of the most important parties of the city. The Barranquilla Carnival comes with an extravagance of color and masks that reflect the ways of the Caribbean people. This is one of the most commercial times of the year in the department of Atlántico. Her goals are to strengthen their business by purchasing in cash and in high volume. This is just the reason why she is applying for a Kiva loan, with which she will buy sandals and flip flops with designs for the happiest time of the year in the city and Colombian Caribbean. Her greatest challenge is to have enough working capital to have sufficient inventory that will help her impress her clientele and selll much more.
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Vanessa de 22 años de edad, vive al sur de la ciudad en un barrio donde finaliza Barranquilla e inicia el municipio de Soledad y concentra actividades económicas formales, como centros comerciales, almacenes, etc. e informales, que circundan alrededor de estos, los cuales ha reubicado el estado local, en una plaza comercial donde los concentra, realizando con sus propietarios acciones educativas tendientes a su formalización y mejoramiento productivo. Allí mismo está Vanessa, quien desde muy joven, a sus 17 años, se inclinó por el comercio, y su padre fortaleciendo su ímpetu, le dio el capital semilla para ello; así mismo recibió impulso su dos amigas, quienes la hicieron soñar con el que hoy es su negocio, donde vende calzado en las líneas formales e informales principalmente. Sus ventas las realizan de contado y con una frecuencia diaria, desde las 9 de la mañana hasta las 9 de la noche y sus compras las hace en almacenes ubicados en el centro de la ciudad y a crédito. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará en mayor volumen y de contado, calzado alusivo a una de las fiestas mas importantes de la ciudad: El carnaval de Barranquilla, que llega con derroche de colores, disfraces, al son de las tamboras que reflejan el perfil de la gente del Caribe y es una de las temporadas mas comerciales en el departamento del Atlántico. Sus metas son lograr fortalecer su negocio, comprando de contado y en mayor volumen, esta es justamente la razón por la cual acude a un credikiva, con el cual comprará sandalias, chancletas con los diseños ajustados a la temporada mas alegre de la ciudad y del Caribe Colombiano. Su mayor desafío es tener un capital de trabajo suficiente para tener inventarios suficientes que le faciliten impactar a su clientela y vender mucho más.

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
  • 499
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,778.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,425 helped Vanessa to buy sandals and flip flips with seasonal designs.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 4, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014