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Olga
Olga, 41 years old, lives in the town of Soledad. There, she sells accessories for cellular phones and offers technical maintenance and repair services. Her idea for this business was born in 2009 when her spouse, working as an employee in a store, proposed that she start the same business, and they gathered capital to launch it.

She makes her sales in cash, working from Monday through Sunday, from 7 in the morning to 9 at night. Her main customers are her neighbors from her neighborhood and other sectors, which have, little by little, been adding to her client base. Her goal is to grow and later become a wholesaler to give her children opportunities and have future of greater prosperity.

Currently, she is applying for a Kiva loan, with which she will buy accessories for cellular phones. These are the items that have a higher turnover in her business and make her Kiva loan a successful investment.
View original language description ↓
Olga de 41 años de edad vive en el municipio de Soledad; allí de dedica a la venta de accesorios para celulares y ofrece servicios técnicos de mantenimiento y reparación de estos. Su idea de negocio nació desde el año 2009, cuando su cónyuge, por trabajar como empleado en un local, le propuso iniciar ese mismo negocio y reunieron un capital para emprenderlo. Su oferta la hace de contado, trabajando de lunes a domingos y desde las 7 de la mañana hasta las 9 de la noche. Los principales clientes son sus vecinos del barrio y de otros sectores, que poco a poco se han ido agregando a su base de clientes. Su meta es crecer y más adelante convertirse en mayorista, para darle a sus hijos oportunidades y tener un futuro de mayor bienestar. En la actualidad está aplicando aun credikiva, con el cual comprará accesorios para celulares, pues son los artículos que tienen una mayor rotación en su negocio y hacen de su credikiva una exitosa 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

  • $6,070
    Average annual income
  • 524
    View loans »
    Colombia Loans Fundraising
  • $14,666,500
    Funds lent in using Kiva
  • 1,823.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $600 helped Olga to purchase accessories for cellular phones.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
Apr 13, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2014