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Ingrid Elena
Eleven years ago, Ingrid became a businessperson. She started selling items such as jeans, blouses, perfumes, footwear, and cosmetics on credit. She also started renting out chairs directly to her clients for events. She was motivated by the necessity of generating an income and supporting her husband with the household costs. They have one two-year-old. They dream of seeing him grow up to be healthy and successful, and they are preparing for this.
Her goal is to increase her working capital, and she will achieve it; so she is applying for a loan on Kiva, her third loan from the Fundación Mario Santo Domingo. She will use it to buy informal women's clothing, shoes, and cosmetics, which her customers have ordered. Her customers are her friends and neighbours, and people who have been referred to her by her friends and neighbours.
With her previous loans she has been able to increase her sales and her business' profit. Today, Ingrid buys from wholesalers and is able to negotiate good discounts for buying large volumes and in cash. Her goal for the future is to have a store in a shopping centre in order to increase her chances of being successful and reaching her dreams of prosperity; she wants to save up and buy her own home.
View original language description ↓
Ingrid desde hace once años, emprendió su experiencia comercial, vendiendo artículos a crédito como jeans, camisas, blusas, perfumes, calzado y cosmético y alquilando sillas para eventos, directamente a sus clientes. Ella la impulsó la necesidad de generar ingresos y apoyar a su esposo en la financiación de los gastos de su hogar, en el cual existe un hijo de 2 años de edad, con quien sueñan ver crecer sano y exitoso y para ello este hogar se prepara. Su meta de aumentar el capital de trabajo no se detiene, por eso está aplicando a un credikiva, tercer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará ropa femenina e informal, calzado y cosméticos, que tiene encargado por sus clientes, quienes son sus amigos, vecinos y referidos por estos. Con sus anteriores financiamientos ha logrado aumentar sus ventas y con ello la utilidad de su negocio; hoy Ingrid compra a mayoristas con los que negocia buenos descuentos, por volumen y por compras de contado; su meta mas adelante es ubicar su almacén en un punto comercial, para aumentar sus posibilidades de ser exitosa y lograr sus sueños de prosperidad, que no son otros que los de ahorrar y adquirir su propia casa.

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
  • 215
    View loans »
    Colombia Loans Fundraising
  • $12,876,400
    Funds lent in using Kiva
  • 1,845.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $875 helped Ingrid Elena to buy women's informal clothing, shoes, and cosmetics.
98% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2013
Listed
May 20, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014