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Nancy Esther
Nancy, who is 50-years old, has a small beauty salon where she offers haircuts, hair styling, hair coloring, straightening creams, manicures, pedicures etc. She is separated and the mother of three adult children. She has been in this career for 36 years. When a friend taught her the trade, she was able to support her family. One year ago, Nancy started her own, independent business venture with the hope of increasing her family's income. That is why her current goal is to completely develop her beauty salon's potential, to have modern equipment and convert her salon into a sizable business. Nancy currently works from 9 o'clock in the morning until 9 o'clock at night. She runs a cash business and offers her services every day to both regular customers and walk-in customers who are referred by her current clients. Nancy purchases her supplies in wholesale warehouses, which offer better prices. It works out well for her, as she can then offer her services at competitive prices. Nancy is requesting a credikiva, her first loan with Fundación Mario Santo Domingo, through which she will purchase raw materials and supplies like shampoo and conditioner and workplace equipment like an air conditioner, a display case and a service door. With the investment, Nancy hopes for a substantial improvement in the service she can offer her customers by increasing both their comfort and their well-being.
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Nancy de 50 años de edad tiene un pequeño salón de belleza, donde ofrece cortes de cabello, peinados, tintes, cremas alisadoras, manicure, pedicure etc. Ella en su condición de separada es madre de 3 hijos en edades adultas y con su actividad en la que tiene 36 años de antigüedad, cuando su amiga le enseñó el oficio, ha logrado sostener su familia. Hace 1 año inició su propia aventura independiente de negocio, con el sueño de incrementar sus ingresos familiares , por eso su meta actual es desarrollar al máximo potencial de su salón de belleza, tener todos los equipos de trabajo modernos , para convertirlo en una gran empresa. En la actualidad trabaja desde las 9 de la mañana hasta la 9 de la noche y ofrece sus servicios de contado diariamente a clientes fijos y ocasionales, referidos por sus compradores actuales. La compra de sus insumos las hace en almacenes mayoristas, que le ofrecen buenos precios, convenientes para que su oferta de servicios le ofrezca la oportunidad de ser competitiva en los precios. Nancy está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará materias primas e insumos como champo, cremas capilares, equipos de trabajo como aire acondicionado, vitrinas, puerta de servicios. Con su inversión espera una mejora sustancial en la atención de su clientela comodidad y confort para ellos etc.

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.

Tags

About Colombia

  • $11,100
    Average annual income
  • 498
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,947.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,550 helped Nancy Esther to purchase raw materials and supplies like shampoo and conditioner and workplace equipment like an air conditioner, a display cabinet and a service door.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2013
Listed
Sep 10, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014