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Nanis Maria
Nanis, age 48, lives to the south of the city with her husband. She has two children, ages 7 and 25. Her business activity is selling various products from specialized guides or catalogs, which she always watches for sales. She sells on credit.

When she was very young she worked as an employee. Later, when she could not find work, her business became the best income alternative to help her family and advance her household. Her goal for later on is to have a place and to achieve growth in her business.

However, her greatest challenge is not having enough working capital to achieve this goal. That is the reason that she turns to a Kiva loan, her second loan with the Fundación Mario Santo Domingo. She will use the loan to buy clothes, which she will have ready to deliver to her loyal customers. The season in which the volume of sales increases is approaching. That is why Nanis needs to have working capital to respond to this demand.

With her previous loan from the Fundación Mario Santo Domingo she bought perfume, creams, and hair care products. They came in her catalogs with very good discounts. This was a great opportunity to increase her profits, to have inventory that turned over quickly, and to offer her customers better prices.

She is now supporting her son even more with the university expenses. Her message is one of great gratitude. She asks God to keep you with this good heart and desire to help.
View original language description ↓
Nanis de 48 años vive al sur de la ciudad con su cónyuge y tiene 2 hijos en las edades de 7 y 25 años. Ella en su actividad comercial vende productos variados a crédito, mediante guías especializadas o catálogos, de los que siempre está atenta a su promoción. Desde muy joven trabajó como empleada y posteriormente cuando no conseguía empleo, su negocio se convirtió en la mejor alternativa de ingresos para ayudar a su familia y desarrollar su hogar. Su meta mas adelante es tener un local, lograr crecimiento empresarial, pero su mayor desafío es no tener suficiente capital de trabajo para lograr la meta. Esta es la razón por la cual acude a un credikiva, segundo financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará ropa, con ello tendrá disponibilidad en la entrega de mercancías a sus fieles clientes, especialmente porque se acerca la temporada en la que el volumen de sus ventas se incrementan; así es que Nanis necesita tener un fondo de capital, para responder a esta demanda.
Nanis con su anterior credito a la Fundación Mario Santo Domingo, compró perfumería, cremas y productos capilares, que en sus catálogos llegaron con muy buenos descuentos; esto fue una gran oportunidad para aumentar sus ganancias, tener un inventario que rotó rápidamente y para poder ofrecer mejores precios a sus clientes. Hoy está apoyando cada vez más a su hijo con los gastos de la universidad. Su mensaje es de mucho agradecimiento y le pide a Dios que los mantenga con ese buen corazón y ganas de ayudar. “

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
  • 479
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,823.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $825 helped Nanis Maria to buy clothes.
99% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
Apr 13, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014