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Rosemary
Rosemary works every day from 7 am to 9 pm in order to support her family’s wellbeing. She helps her husband with the daily sustenance, and together they want to make their dream come true: to give their daughter access to higher education so that she can be successful in the future.

Rosemary is not employed, but she runs a business at home selling varied supplies, such as stationery, imitation jewelry, perfumes, shoes and other items that her customers might order. She opened her store six years ago and with discipline, and good and timely service she has been able to keep it going. Rosemary buys increasingly large amounts because her customers are hooked. She carefully follows the stock levels of those items that have a faster turnover in order to buy them on time. Stationery items, for instance, are constantly sought after, so she must keep them in stock.

This is why she is requesting a credikiva to Fundación Mario Santo Domingo for the first time. She will buy cardboard, pencils, pens, notebooks, tempera paints, paper sheets, pencil sharpeners and covers, among other things. With this investment, she hopes to expand her working capital, make her purchasing process more flexible and improve her bargaining possibilities, which will benefit her loyal customers and result in new and continuous sales.
View original language description ↓
Rosemary desde las 7 de la mañana hasta las 9 de la noche trabaja diariamente con el fin de apoyar el bienestar de su familia ayudando a su esposo con el sustento diario, para entre los dos cumplir el sueño de darle a su hija estudios profesionales de calidad con el fin de que sea exitosa. Rosemary no trabaja de empleada, pues tiene en su domicilio su propio negocio, mediante el cual vende artículos de miscelánea como papelería bisutería, productos de papelería, perfumería, calzado y todo aquello que le solicite su clientela. Su miscelánea o variedad inició desde hace 6 años y con disciplina, calidad en el servicio y oportunidad en la oferta de productos lo ha podido sostener. Rosemary compra cada vez en mayores volúmenes porque su clientela se ha ensanchado y esto hace que esté pendiente rápidamente de la mercancía que mas rota para irla a mercar, hay artículos como las papelería que necesita estar en sus inventarios constantemente y esto es justamente la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará cartulinas, lápices, esferos, cuadernos, temperas, hojas , sacapuntas, pastas con argollas etc. Con su nueva inversión espera ampliar su capital de trabajo, flexibilizar sus procesos de compra y aumentar las posibilidades de conseguir precios que trasladará a sus clientes fieles con el fin de lograr nuevas y permanentes compras.

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
  • 190
    View loans »
    Colombia Loans Fundraising
  • $13,162,950
    Funds lent in using Kiva
  • 1,797.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Rosemary to buy cardboard, pencils, pens and other stationery items.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2013
Listed
Mar 19, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013