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Esilda
Esilda, 38, is a married woman mother of three children who are 3, 8 and 9 years old. She has a freezer at home where she stores frozen food items, especially those derived from wheat flour. She also sells merchandise via catalog. She sells a variety of goods like cosmetics, perfume, costume jewelry, etc. Her business was born seven years ago when she observed a sales promoter and she decided to follow her example. She did so and hasn’t stopped since because she helps her husband support their home this way and generates more well-being for all of them.

She sells for cash and on credit and her main suppliers are multinationals. As a producer, she makes ‘deditos’ [ladyfingers], turnovers and other things made from wheat flour. She makes them and sells them especially during various events and festivities.

She’s currently applying for a Kiva loan, her first financing with Fundación Mario Santo Domingo that she’ll use to buy cosmetics, costume jewelry and wheat flour in bulk to increase production and meet customer demand that’s growing more each day causing her business to expand as well.
View original language description ↓
Esilda de 38 años de edad es una mujer casada y madre de 3 hijos en las edades de 3,8 y 9 años. En su propia vivienda tiene un congelador donde almacena productos alimenticios congelados, especialmente derivados de la harina de trigo. Así mismo vende mercancías mediante guías especializadas de productos o catálogos a través de los cuales ofrece mercancías variadas, como cosméticos, perfumería, bisutería etc. Su negocio nació desde hace 7 años, cuando observando a una promotora quiso seguir su ejemplo y así lo hizo sin aun haberse detenido, pues con ello ayuda a su esposo en el sustento del hogar y genera mas bienestar para todos. En su negocio vende de contado y a crédito y sus principales proveedores son las multinacionales y como productora también prepara deditos, empanadas y otros productos derivados de la harina de trigo, que prepara y vende especialmente para cuando se realicen los diferentes eventos y festividades. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprara cosméticos bisutería y harina de trigo por bulto para aumentar su producción y responder a su clientela que cada día crece y hace que su negocio también se expanda.

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
  • 488
    View loans »
    Colombia Loans Fundraising
  • $15,259,900
    Funds lent in using Kiva
  • 1,804.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $850 helped Esilda to buy cosmetics, costume jewelry and wheat flour in bulk.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2013
Listed
Mar 14, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014