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Ana Maria
Fifty-three year old Ana lives in the south of the city of Barranquilla and makes her living in commerce. She has sold primarily clothes, perfumes and footwear for the past 9 years. When she started, she followed the tradition of her parents, who used to live in the city of Medellín, and taught her that she should work and earn her daily living.

This is why she started saving when she was young, and investing this resource in merchandise, which she would sell to her closest friends. Little by little, she expanded her clientele and was able to take orders. Currently, her biggest challenge is having sufficient working capital to make purchases in larger volumes and respond to her potential customers.

This is why she is applying for a Kiva loan, her second loan with the Fundación Mario Santo Domingo. She will use this loan to buy sweaters, shirts, underwear, perfumes, cosmetics, footwear, etc.

Her goal down the line is to have her own store and increase her possibilities of having larger loans to be able to make sufficient investments to grow quickly.
View original language description ↓
Ana de 53 años de edad, vive al sur de la ciudad de Barranquilla y se dedica a la actividad comercial; ella vende ropa perfumería y calzado principalmente desde hace 9 años, cuando inició, atendiendo la tradición de sus padres, que Vivian en la ciudad de Medellín y le inculcaron que debía trabajar y ganarse el sustento diario. Por eso desde joven empezó a ahorrar y a invertir este recurso en mercancías, las cuales vendía a sus más cercanas amigas. Poco a poco fue ampliando su clientela y logró aumentar las solicitudes de pedidos; en la actualidad su mayor desafío es tener el suficiente capital de trabajo para hacer compras en mayores volúmenes y responder a su potencial clientela, esta es la razón por la cual acude a un credikiva, segundo financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará suéteres, camisas, ropa interior, perfumes, cosméticos, calzado etc. Su meta más adelante es tener su propio local y aumentar sus posibilidades de tener créditos de mayor volumen para lograr inversiones suficientes para crecer prontamente.

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
  • 263
    View loans »
    Colombia Loans Fundraising
  • $13,610,900
    Funds lent in using Kiva
  • 1,804.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,125 helped Ana Maria to buy sweaters, shirts, underwear, perfumes, cosmetics and footwear.
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Feb 25, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014