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Gigliola
33-year-old Gigliola lives with her spouse and her four-year-old son in the city of Barranquilla, where the people are friendly. It is possibly the place in the country which has received the most immigrants from other countries and from other parts of Colombia, which has made this a city of the most varied idiosyncrasies.

In Barranquilla, called the Golden Gate of Colombia, Gigliola has made a living for three years by selling supplies, food, dairy products, perfume, footwear, and all manner of items which her clientele request daily. Her business’ main customers are neighbours, family, and friends, to whom she sells in cash or on credit. She works every second day from eight in the morning until midday. Her goal is to achieve growth in her business and an increase in profit, and later to have her own house and provide her son with a quality education so that he has great potential to succeed.

Currently her greatest challenge is to have enough working capital in order to allow for the expansion of her business, and this is the reason she is applying for a loan with Kiva, her first financing through Fundación Mario Santo Domingo, with which she will buy supplies, such as rice and oil, and pre-ordered merchandise, such as cologne, footwear, and creams. With this investment she will respond to the expectations of her clientele, of whom she looks to make faithful clients by providing a convenient service.
View original language description ↓
Gigliola de 33 años de edad habita con su cónyuge y su hijo de 4 años, en la ciudad de Barranquilla, donde se disfruta la amabilidad de su gente y es posiblemente el lugar del país que más inmigrantes extranjeros y de Colombia misma ha recibido, lo que han hecho de esta una ciudad de la mas variada idiosincrasia.
Alli en Barranquilla, llamada la Puerta de oro de Colombia, Gigliola desde hace 3 años, se dedica a la venta de víveres, ranchos, lácteos, perfumería, calzado y todos los artículos, que su mixta clientela solicita diariamente. Su negocio tiene como principales clientes a vecinos, familias y amigos, a quienes vende de contado y a crédito, con una frecuencia de cada dos días, en las que realiza sus actividades desde las 8 de la mañana, hasta las 12 del medio día. Su meta poco a poco es lograr el crecimiento de su negocio y el incremento de sus utilidades y mas adelante tener casa propia y proveerle a su hijo estudios de calidad, para que tenga un gran potencial de éxito.
En la actualidad su mayor desafío es tener suficiente capital e trabajo, para dar curso al ensanche de su negocio, y esta es la razón por la cual acude a un credikiva, primer financiamiento que hace a ala Fundación Mario Santo Domingo, con el cual comprará víveres como arroz, aceite y mercancías, encargadas como colonias calzado y cremas. Con esta inversión responderá a las expectativas de su clientela, a quien busca fidelizar cada vez mas con un servicio oportuno.

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
  • 288
    View loans »
    Colombia Loans Fundraising
  • $13,892,025
    Funds lent in using Kiva
  • 1,848.1
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $575 helped Gigliola to purchase supplies, such as rice and oil, and pre-ordered merchandise, such as cologne, footwear, and creams.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2013
Listed
Apr 21, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014