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Inmaculada
Inmaculada is 46 years old and lives in the town of Soledad with her husband and two children aged 12 and 18. For 10 years, she has made a living as a businesswoman, she has a store selling various product in her home. She started this business when she became unemployed. She began selling ceramic handicrafts. She would buy cakes and paint them to sell them. Little by little, she added various goods, shelves, and all the furniture she has today, through loans that she has received throughout her life.

At the moment, she offers school items, women's clothing and underwear, perfumes, small household appliances, etc. She sells these for cash or on credit, buying from wholesalers, who offer her better prices. She can then offer her customers the opportunity to obtain items that they can obtain.

Today, Inmaculada is applying for a loan from Kiva. This is her first loan with the Fundación Mario Santo Domingo, which she will use to buy cash to buy shoes at a better price and a display cabinet to stock them, as this is a highly-profitable item which is very in demand on the markets.

Her next goal is to have an independent store to earn more in the future and help her children to become professionals, which will provide them will a successful future.
View original language description ↓
Inmaculada de 46 años de edad vive en el municipio de Soledad con su esposo y sus dos hijos en las edades de 12 y 18 años; ella desde hace 10 años se dedica a la actividad comercial, pues tiene un negocio de artículos variados, ubicado en un espacio en su domicilio; Inmaculada inició este negocio una vez quedó desempleada, inició vendiendo productos artesanales en cerámica, solo comprando los biscochos,(estatuillas sin pintura) que ella misma decoraba con hermosos colores para venderlos. Poco a poco agregó a su negocio mercancías variadas, estantería y toda la infraestructura de la que hoy dispone, apoyada en créditos que obtuvo a lo largo de su vida. En la actualidad ofrece en su estantería artículos escolares, ropa femenina exterior e interior, perfumería electrodomésticos menores etc, y vende estos productos de contado y a crédito, comprando a distribuidores, que le ofrecen los mejores precios, que que le permiten llevar a su clientela la oportunidad de obtener artículos, a los que pueden acceder, porque los pueden pagar a plazos. Hoy Inmaculada está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará de contado, para obtener mejores precios, calzado y una vitrina para surtirla, teniendo en cuenta que este es un producto que le suministra mayor rentabilidad y tiene una gran demanda en el mercado. Su meta más adelante es tener un local independiente para en un futuro ganar más y lograr que sus hijos sean profesionales, lo cual potencializaría su éxito futuro.

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
  • 501
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,816.7
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Inmaculada have capital to buy shoes at a better price and a display cabinet to stock.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2013
Listed
Mar 5, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013