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Gladys
Starting when she was a child, Gladys accompanied her father during his commercial activities. She learned all that she knows today from him regarding sales, lessons that serve her well today and generate revenue from selling clothing, shoes and accessories. Her idea for the business began 28 years ago and still has not stopped and it presents important potential for growth today.

Gladys's customers are women and men who are her neighbors and others referred to her by them. She makes her sales on credit through small installments and works Mondays through Saturdays from 7 in the morning to 7 at night. Her most important goal is to have a store in which to offer all of the items that her clients request so she can satisfy their needs, desires and interests, while she earns money. Today she is seeking a loan from Kiva, her first financing through Fundación Mario Santo Domingo, to buy purses, shoes for men and clothing for women that have been ordered by her customers. With this investment, she will increase her working capital and will have more cash on hand to make purchases of items at good prices which will increase her volume while meeting the requirements of her buyers. This is what makes her investment exciting.
View original language description ↓
Desde muy joven, Gladys acompañó a su padre en la actividad comercial y de él aprendió todo lo que hoy sabe respecto a las ventas, tarea en la que hoy se desempeña y genera ingresos comercializando ropa, calzado y accesorios. Su idea de negocio inició hace 28 años y aun no se detiene y presenta un importante potencial de crecimiento.
Gladys tiene como clientes mujeres y hombres que son vecinos y referidos por estos, a quienes les vende a crédito, mediante plazos cortos, en una frecuencia que va de lunes a sábados y desde las 7 de la mañana hasta las 7 de la noche. Su meta más adelante, es tener un almacén en el que ofrezca todos los artículos que su clientela requiera, en función de satisfacer sus necesidades, deseos e intereses, mientras ella gana dinero. En la actualidad está solicitando un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará bolsos, calzado para caballeros y ropa para damas, que han sido encargados por su clientela. Con esta inversión, incrementará su capital de trabajo y tendrá mayor efectivo disponible, para hacer compras de artículos con beneficios de precios, pues lo hace en mayor volumen y a la medida de los requerimientos de sus compradores y esto es justamente lo que hace que su inversión sea exitosa ..

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
  • 300
    View loans »
    Colombia Loans Fundraising
  • $13,837,125
    Funds lent in using Kiva
  • 1,832.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $650 helped Gladys to buy purses, men's shoes and clothing for women.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014