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Carmen
Carmen is 66 years old. She sells varied merchandise such as bags and shoes. She also generates income through renting apartments. Her business experiences dates from the year 2007. She followed her mother's example. She was also a merchant. Today Carmen makes her sales up front and she also sells on credit that she collects weekly. Her work schedule is from 8 in the morning until 8 at night. She does her purchasing in the city of Bucaramanga, Colombia, where the quality of leather goods and shoes are unequaled. Right now, she is applying for a Kiva loan, the sixth she has taken out with Fundación Mario Santo Domingo. With it, she will buy bags and shoes that have been ordered from her for Mother's Day, when families surprised their progenitor with gifts. This is why she is making her investment at this time, to be successful.
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Carmen de 66 años de edad, se dedica a la venta de mercancía variada como bolsos y calzado y también genera ingresos mediante el arriendo de apartamentos. Su experiencia comercial data desde el año 2007, siguiendo el ejemplo de su madre, que también se desempeño como comerciante. Hoy Carmen sus ventas las realiza de contado y también maneja una cartera de cuentas por cobrar, que recupera semanalmente, en un horario de trabajo que inicia desde las 8 de la mañana hasta las 8 de la noche. Sus compras las hace en la ciudad de Bucaramanga, lugar de Colombia, donde la calidad de los productos marroquineros y de calzado son inigualables. En la actualidad está aplicando a un credikiva, sexto financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará bolsos y calzado que tiene encargados, a propósito del día de las madres, fecha en a cual las familias sorprenden con regalos a su progenitora o a la que la representa. Esto es justamente lo que hace que su inversión en esta temporada 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

  • $11,100
    Average annual income
  • 487
    View loans »
    Colombia Loans Fundraising
  • $15,259,900
    Funds lent in using Kiva
  • 1,837.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $550 helped Carmen to buy bags and shoes.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2013
Listed
May 8, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014