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Beatriz
Beatriz, 64, is a hair stylist in a space set up in her home. She makes the most of it to sell cosmetics and hair products as well as everything her customers request, such as footwear, clothing, women's accessories, etc. She accepts cash and credit, while she uses only cash to buy from suppliers of beauty products and in shopping centers.

Her work day begins at 9 a.m and ends at 9 p.m. She dedicates this time to her customers, who are neighbors from the area, friends, and referrals who have become her steady customers.

She started her business when her husband died. On finding herself alone, she decided to generate income by selling a few products. Later she trained in beauty techniques. Today she combines these activities perfectly and they generate the income to support her household.

Currently she's applying for a Kiva loan, her first financing from Fundación Mario Santo Domingo. With it she'll buy bags, dresses, footwear, and hair products to use as supplies as well as to sell.

Her goal is to continue supporting her children. Her biggest challenge was managing to support her family, which is also her biggest success.
View original language description ↓
Beatriz de 64 años de edad, es estilista, en un local ubicado en su vivienda, el cual aprovecha para vender mercancía cosmética y capilar, además de todo lo que su clientela le solicita como calzado, ropa, accesorios femeninos etc. Ella vende de contado y también a crédito, mientras compra solo de contado s proveedores de productos de belleza y en centros comerciales. Su día laboral inicia desde las 9 de la mañana y termina a la 9 de la noche, momentos en los cuales está dedicada a su clientela, conformada por vecinos del sector, amigos y referidos, que se han convertido en su clientela fija. Su negocio inició cuando falleció su esposo y al verse sola, decidió generar ingresos mediante la venta de pocos productos variados y posteriormente se preparó en técnicas de belleza, actividades que hoy combina perfectamente y son los que generan ingresos para sostener su hogar. En la actualidad está aplicando a un credikiva, primer finaciamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará bolsos, vestidos, calzado y productos de peluquería, para utilizarlos como insumos y también para venderlos. Su meta es continuar apoyando a sus hijos y su mayor desafío fue lograr sola sostener su familia y esto también es su mayor éxito.

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
  • 271
    View loans »
    Colombia Loans Fundraising
  • $13,600,025
    Funds lent in using Kiva
  • 1,834.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $575 helped Beatriz to buy bags, dresses, footwear, and hair products.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2013
Listed
May 18, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014