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Nidian
Nidian is 53 years old. She lives in Soledad and is mother to three children who are 16, 24 and 30 years old, respectively. She has a shop where she sells diverse merchandise and also dedicates part of her mornings to preparing and selling lunches. Both businesses generate income with has every day generated a greater wellbeing for her home. Her life as businesswoman started six years ago, selling products through specialized guides. Her business has been gradually growing and, as a result, she has attached glass cases where she can exhibit her products.

Additionally, she sells sweets, cellular minutes, which constitute other income, taking advantage of her captive customers who visit her daily. She makes her sales with cash and credit, studying her customers well. She acquires the sweet and the ingredients to prepare the lunches in the center of the city of Barranquilla with cash. Meanwhile, the merchandise that she offers from catalogs she acquires with credit. Her goal for the future is to build a bigger sized shop where only her business operates. But her great challenge is to have enough cash to fund the expansion of her business, respond to her customers and to always have her shop well stocked. Nidian is applying for her second credit with the Fundacion Mario Santo Domingo. With her previous loan, she was able to buy catalog cosmetic products, sweets, and ingredients in large volumes to produce more food. Also, she acquired three glass cases and four tables with which she could exhibit her merchandise better to impact the customers' desire to buy. Her success in this investment lies in her experience and also her purchase is a response to her customers' requests and to the current rotation of her products. Today, she has approached the Foundation to request a CrediKiva with which she will buy a refrigerator and a photocopier. She is thankful to Kiva and to the Foundation for helping her get ahead and she is happy for the support provided.
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Nidian de 53 años, vive en Soledad y es madre de 3 hijos en las edades de 16, 24 y 30 años respectivamente. Ella tiene una miscelánea donde vende diversas mercancías y también se dedica parte de la mañana a preparar y vender almuerzos. Ambos negocios generan ingresos con los que ha generado cada día un mayor bienestar para sus hogares. Su vida como comerciante inició hace 6 años, vendiendo productos mediante guías especializadas, su negocio paulatinamente ha ido creciendo y por eso ha vinculado a él vitrinas, donde se ven bien exhibidos sus productos. Adicionalmente vende dulces, minutos a celulares, que se constituyen en otros ingresos, aprovechando a su clientela cautiva, que la visita día a día. Realiza las ventas de contado y a crédito, estudiando bien a su clientela. Los productos de dulcería y los insumos para preparar almuerzos, los adquiere en el centro de la ciudad de Barranquilla de contado, mientras las mercancías que ofrece en sus catálogos las adquiere a crédito. Su meta mas adelante, es hacer un local de mayor tamaño, donde funcione solamente su negocio, pero su gran desafio es lograr tener un fondo de efectivo suficiente para ampliar su negocio, responder a su clientela y tener siempre bien surtida su miscelánea. Nidian está aplicando a su segundo financiamiento con la Fundación Mario Santo Domingo, con su anterior finaciamiento pudo comprar productos cosméticos por catalogo, dulcería e insumos en mayor volumen para producir aun mas alimentos, así mismo adquirió tres vitrina y 4 mesas, con lo que pudo exhibir mejor su mercancia para impactar el deseo de compra de su clientela. Su éxito en esta inversión radica en su experiencia y que además su compra responde a los pedidos de su clientela y a la rotación actual de sus productos. Hoy se ha acercado a la Fundación para acceder a un credikiva, con el que comprará un refrigerador y una fotocopiadora, ella le agradece a Kiva y a la Fundación por ayudarla a salir adelante y está muy felíz con el apoyo brindado.

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
  • 192
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 1,839.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,200 helped Nidian to buy a refrigerator and a photocopier.
96% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2013
Listed
May 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015