Check out some available loans that are similar to this one!
Rosa
Rosa lives In the Malambo municipality, in the metropolitan area of Barranquilla, where she has her own business. She is a 19-year-old woman whose family is made up of her spouse and their small daughter who is less than a year old.

At the beginning of 2012, Rosa, excited by her friend's support, began selling a variety of commodities that she had shared with her in order to generate income since Rosa was not tied to any business that would give catalogs to its buyers in order to promote their products to their clients.

Little by little, Rosa's clientele grew and this helped her to have her own direct tie which helped her sell at more competitive prices. That is why today she offers perfume, purses, and feminine accessories through specialized item guides. From among their offers she chooses those that go on sale, in order to sell to her clients at good prices and also generate more income with a rapid rotation of inventory.

Her clientele is made up of her neighbors and those referred by them, that support her with the structural growth of her business. Rosa is currently applying for a Kiva loan, the first financing she will get through Fundación Mario Santo Domingo, with which she will buy creams, perfume, and feminine accessories that have been ordered by her clientele.

Her goal is to increase her working capital as well as her sales, in order to improve her family's way of life. Her greatest challenge was finding sources of financing and that is just what her Kiva loan will do. It will lead to a successful investment which will become a stepping stone to help her achieve her dreams of prosperity.
View original language description ↓
En el municipio de Malambo, área metropolitana de Barranquilla, habita y tiene su propio negocio Rosa, una mujer de 19 años que conforma su familia con su cónyuge y su pequeña hija menor de un año. Rosa a principios del año 2012, entusiasmada por su amiga, inició vendiendo mercancía variada, que ella le proporcionaba para que generara ingresos, pues Rosa no se encontraba vinculada a ninguna empresa que entregara catálogos a sus compradores, para promocionar sus productos a sus clientes. Poco a poco la clientela de Rosa fue creciendo y esto la ayudó a que ella misma, tuviera una vinculación directa, que le facilitara comercializar a un precio más competitivo. Así es como hoy en día, ofrece perfumería, bolsos, accesorios femeninos, mediante guías especializadas de artículos y de esta oferta escoge las que vienen en promoción, para vender a su clientela a un buen precio y también generar más ingresos, con una rápida rotación de sus inventarios. La clientela de Rosa la conforman sus vecinas y referidos por estas, que la apoyan en el crecimiento estructural de su negocio. En la actualidad Rosa está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará cremas, perfumes y accesorios femeninos, que han sido encargados por su clientela; su meta es aumentar el capital de trabajo y así mismo las ventas, para mejorar la calidad de vida de su familia. Su mayor desafío fue encontrar fuentes de financiamiento y esto es justamente, lo que hace que su credikiva se convierta en un peldaño para alcanzar sus sueños de prosperidad y se convierta en una inversión 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
  • 261
    View loans »
    Colombia Loans Fundraising
  • $13,343,550
    Funds lent in using Kiva
  • 1,906.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Rosa to buy creams, perfume, and feminine accessories.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2013
Listed
Jun 15, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2014