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Angella Milagros
Ángela, 19, is a young owner of a beauty shop in a town very near Barranquilla. She has three years’ experience; she started the business in 2009 which is a tradition in her family especially among the women in her home like her grandmother and her mother.

Ángela has noted her entire life that the beauty salon business generates significant profits which is why she decided to go into her own autonomous business venture keeping in mind that because of her aptitude it was easy for her to learn and practice it.

The types of services she provides are related to haircuts, hair treatments, manicure and pedicure, among others. She’s paid for her services at the time she provides them which is why she works Monday to Sunday from 8 in the morning until 10 at night.

She makes her purchases at wholesale from large wholesalers that offer special prices and with whom she’s established a good alliance that carries with it the opportunity to obtain products on special offer from them.

Her main customers are local neighbors that have gotten to know her. Her goal to reach is to become well-known in the city and later on to finish her schooling. Her greatest challenge is insufficient working capital to be able to work with more flexibility in her business.

Ángela is currently requesting a Kiva loan, her first loan from Fundación Mario Santo Domingo, by means of which she will make some physical improvements to her shop and will buy some supplies to open a new beauty salon to extend her personal and professional image beauty improvement services to other sectors.
View original language description ↓
Ángela es una joven de 19 años de edad que posee un salón de belleza y estética en un municipio muy cercano a Barranquilla. Ella tiene 3 años de experiencia e inició su negocio en el año 2009 , negocio que es tradicional en su familia especialmente en las mujeres de su hogar, su abuela y su madre. Ángela toda la vida ha observado que el negocio de belleza y estética genera ganancias importantes, por eso decidió emprender su propia aventura de trabajo autónomo., teniendo en cuenta que por su aptitud, fue muy fácil de aprender y practicar. Su oferta de productos está relacionada con cortes de cabello, tratamientos capilares manicure, pedicura, entre otros. Ella recibe el pago de sus servicios una vez los presta y por eso trabaja de lunes a domingos desde las 8 de la mañana hasta las 10 de la noche. Sus compras las hace de contado a grandes mayoristas que le ofrecen precios especiales y con quienes establece una buena alianza que trae consigo oportunidades de obtener productos en las diversas promociones que estos ofrecen. Sus principales clientes son los vecinos del sector con quienes ha obtenido un reconocimiento. Su meta es lograr reconocimiento en la ciudad y más adelante terminar sus estudios. Su mayor desafío es el insuficiente capital e trabajo para trabajar con mayor flexibilidad en su negocio. En la actualidad Angela está aplicando aun credikiva, primer financiamiento que hace ala Fundación Mario Santo Domingo, mediante el cual hará adecuaciones locativas y compra de insumos para abrir un nuevo salón de belleza y extender la oferta de servicios de mejoramiento de la imagen personal y profesional a otros sectores.

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.

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About Colombia

  • $11,100
    Average annual income
  • 489
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,945.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Angella Milagros to buy supplies and to do location improvements.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2013
Listed
Sep 2, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014