Check out some available loans that are similar to this one!
Claribel
Claribel, 49 years old, lives in Puerto Colombia, a municipality located on the shores of the sea, with her husband and their two children who are 29 and 30 years old. For four years she has made a living in commerce, an activity with which she generates income that supports the well-being of her family. Her main products are various brands of cosmetics as she works through a system of catalogues, that is to say she makes her promotions with 4 specialized product guides coming from multinational companies with which she establishes her business relations. In her strategy she deals with the market of Puerto Colombia and also she has customers in the city of Barranquilla, located 20 minutes away. In order to deliver the products she requests 50% and gives credit for the rest of the value of the products that each customer chooses, taking into account a payment plan that she establishes with each one, not exceeding 30 days. Gradually, her requests for orders increases, particularly in the special seasons, like the one which occurs soon, when families celebrate Mothers' Day. In her house she always has an inventory of the products that rotate more, so that her clients, when they ask her for something, aren’t leaving empty-handed. She always takes advantage of the offers that the magazines carry, in order to have an impact on her market.

Among her goals is that of organizing a small storehouse and for this she has planned her Kiva loan, her second financing made from the Fundación Mario Santo Domingo. With the first financing she bought a metal display cabinet to organize her inventory and products that have been requested by her clientele, such as perfumes, feminine accessories, items of costume jewelry, etc. The reason for the success of her investment is her great experience, the opportunity to purchase special offers in greater quantities and that she makes them precisely in the season where the sales are increased as a result of the special days like carnivals. That is why she turns to a Kiva loan with which she will buy colognes, perfumes, creams, cosmetics, deodorants and feminine undergarments.
View original language description ↓
Claribel de 49 años de edad vive en Puerto Colombia, municipio ubicado a orillas del mar, con su esposo y sus dos hijos en las edades de 29 y 30 años. Desde hace 4 años se dedica al comercio, actividad con la que genera ingresos que apoyan el bienestar de su familia. Sus principales productos son los cosméticos de diversas marcas pues trabaja mediante el sistema de catálogos, es decir hace sus promociones con 4 guías especializadas de productos provenientes de multinacionales con las que establece sus relaciones comerciales. En su estrategia aborda el mercado de Puerto Colombia y también tiene clientes en la ciudad e Barranquilla ubicada a 20 minutos, ella para entregar el producto solicita el 50% y da crédito por el resto del valor de los productos que cada cliente escoja, teniendo en cuenta un plan de pagos que establece con cada uno, no mayor a 30 días. Gradualmente sus solicitudes de pedidos se incrementan especialmente en las temporadas especiales, como la que ocurre próximamente, cuando celebraron las familias el día de la madres. En su casa siempre cuenta con un inventario de productos que más rotan, para que sus clientes cuando le soliciten no se vayan con las manos vacías, pues siempre aprovecha las ofertas que traen las revistas, para impactar su mercado. Entre sus metas está el de organizar un pequeño almacén y por esto ha planeado su credikiva, segundo financiamiento que hace a la Fundación Mario Santo Domingo, con el primer financiamiento compró una vitrina metálica para organizar su inventario y productos que han sido solicitado por su clientela, como perfumes, accesorios femeninos, artículos de bisutería etc. La razón de éxito de su inversión es su gran experiencia, la oportunidad de comprar promociones en mayores cantidades, y que la realiza justamente en una temporada donde las ventas se incrementan por efecto de los días especiales como los carnavales, por eso acude a un credikiva con el comprará colonias, perfumes cremas, cosméticos, desodorantes, ropa interior femenina

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
  • 487
    View loans »
    Colombia Loans Fundraising
  • $15,259,900
    Funds lent in using Kiva
  • 1,783.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $675 helped Claribel to purchase colognes, perfumes, creams, cosmetics, deodorants and feminine undergarments.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2013
Listed
Feb 15, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014