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Damith Lissett
Damith is 28 years old and lives with her partner and five year old daughter in the city of Cartagena. Damith has a business selling imitiation gold and silver jewellery and another one selling powedered milk. It was Damith's mother, also a businesswoman, that encouraged her to go into business in 2009. Damith started her work independently, selling chains, bracelets, earrings, watches and, later on, powdered milk. Damith's customers either pay in cash or in installments and most of her customers are friends and people who come to her by word of mouth. She now has a solid customer base. Damith is currently applying for a Kiva loan, her first with the "Fundación Mario Santo Domingo". With it she will buy gold and silver accessories and powdered milk in large quantities. Her customer base has grown and she needs to respond to demand and offer more competitive prices, which she can do by buying in bulk and paying in full - this will allow Damith to get the most out of her investment.
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Damith de 28 años de edad, habita en la ciudad de Cartagena con su cónyuge y su pequeña hija de 5 años. Allí tiene un negocio donve vende productos de joyería en plata y en oro golfi, y también tiene otro negocio de venta de leche en polvo. A Damith la impulsó su madre en la actividad comercial, pues tradicionalmente es comerciante, así fue como en el año2009, inició su actividad independiente, vendiendo cadenas, pulseras, aretes, reloj y la leche en polvo que inició posteriormente a la estructuración de su propia clientela. Sus ventas las realiza de contado y a crédito y sus principales clientes son sus amigos y referidos, con los que ha logrado una clientela fija. En la actualidad está aplicando aun credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará accesorios de oro y plata y leche en polvo, en un mayor volumen, pues su clientela ha crecido y requiere responder a sus pedidos y ser mucho mas competitiva en los precios, y esto lo conseguirá por comprar de contado y en una mayor cantidad, lo que se traduce en el éxito de su inversión.

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
  • 466
    View loans »
    Colombia Loans Fundraising
  • $15,270,025
    Funds lent in using Kiva
  • 1,822.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Damith Lissett to buy gold and silver accessories and powder milk.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Mar 24, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013