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Kelly
Kelly is 31 years old and makes a living selling women's, men's and children's clothing in her small business, which she set up ten years ago. It is located in the town of Soledad, where she lives with her five-year-old child. She learned how to run a store from a young age, since her father did the same, and it really caught Kelly's attention. For this reason, when she began, she did so carefully and gradually, selling small amounts of merchandize.

Today, her sales have increased. She mainly sells on credit, and her working capital is not large enough to meet the demand for her clothes. For this reason, she is requesting a loan from Kiva, which she will use to buy women's and children's clothing. She has orders to take on and has not managed to rotate her accounts quickly enough to get paid. Her work experience and ability have guaranteed her success in the investment, especially that of the loan from Kiva.
View original language description ↓
Kelly de 31 años de edad se dedica a la venta de ropa femenina, masculina e infantil en su pequeño negocio el cual inició hace 10 años, ubicado en el municipio de Soledad donde habita con su hijo de 5 años de edad. Su actividad como comerciante la aprendió desde muy niña pues su padre la ejerció también y a Kelly le llamó mucho la atención. Por eso cuando indicó lo hizo de manera prudente y poco a poco vendiendo mercancía variada en un pequeño volumen. Hoy sus ventas han aumentado pues vende principalmente a crédito y su capital de trabajo es insuficiente para responder a la demanda de su mercado. Esta es la razón por la cual acude a un credikiva, con el cual comprará ropa femenina, e infantil pues tiene encargos que responder y no ha logrado rotar rápidamente sus cuentas por cobrar. Su experiencia y capacidad de trabajo son los que condicionan su éxito en la inversión y especialmente la de su credikiva.

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
  • 464
    View loans »
    Colombia Loans Fundraising
  • $15,266,825
    Funds lent in using Kiva
  • 1,803.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,125 helped Kelly to buy women's and children's clothing.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Mar 13, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014