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Luz
In the year 2000 Luz was separated and the mother of two small children (who are now 17- and 15-years old respectively). She had to assume the roll of wage earner for the well-being of her family. She started selling fried snacks, which gave her the opportunity to earn money to support her children. As her children grew, Luz had even more expenses to cover, and she couldn't do it just selling snacks. She went to the "colmenas" (small sales stalls) downtown and got a job working in one of them. Two years later, with the experience she gained at the market, some saved money and some money borrowed at a high interest rate, Luz decided to go out on her own. She invested in the purchase of footwear and made herself known to her customers and to her suppliers, who started providing her with credit. When her business became a bit more established, Luz was able to put together some money and rent a "colmena" where she sold a lot of low-cost merchandise for a time. Once she got organized with her husband, he purchased display cases so she could work near her children, who then numbered three and needed her closer by. Although she at first worked at both businesses, in the end Luz decided to stick with the one set up in her home. And that is how the corner shop she has today was born.
The shop is located in her home, and she sells a little of everything. Luz has built up a clientele, with which she is well-positioned. Luz's current goal is to expand her business. Her stock rotates quickly, and in future she wants to take full advantage of her infrastructure by offering a printing service.
Little by little, Luz is taking important steps. When she approached Fundación Mario Santo Domingo for the first time, she purchased wholesale, overstock and cash merchandise such as footwear, clothing and cosmetics. Luz is currently requesting a "credikiva," with which she will purchase wholesale, overstock and cash merchandise like clothing, footwear, accessories, cosmetics etc. She wants her financial backers to know that she is very happy with the loans. The support has made it easier for her to improve her family's income, and she holds hope for a better future. With her "credikiva," Luz plans to increase her sales and her profits, as she has a fixed clientele that in increased shopping times, like the second half of the year, make her investments very successful.
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Luz en el año 2000 en su condición de separada y madre de 2 hijos pequeños, hoy en las edades de 17 a 15 años, debió asumir sola su roll de generadora de ingresos, para lograr el bienestar de su familia; por eso empezó vendiendo pasabocas fritos, los cuales le produjeron su propia posibilidad de tener dinero para sostener sus hijos. En la medida en que sus hijos crecieron ella necesitaba resolver mas necesidades básicas y con esta sola tarea no alcanzaba a lograrlo. Por eso se fue a las colmenas (pequeños puntos de venta) del centro de la ciudad y empezó a trabajar en una de ellas como vendedora. Con esta experiencia en el mercado, dos años después decidió independizarse con un dinero, una parte ahorrada y la otra producto de un préstamo de alto costo, que invirtió en la compra de calzado, dándose a conocer en su clientela y entre sus proveedores, que empezaron a facilitarle crédito; cuando se estabilizó un poco, logró reunir dinero y alquiló una colmena, donde vendió mucha mercancía económica durante un periodo de tiempo, hasta que se organizó con su cónyuge y este compró vitrinas para que trabajara cerca a sus hijos, que ya eran 3 y necesitaban de su atención cercana y aunque al principio atendía los dos negocios, al final se decidió por el que estaba ubicado en su casa. Así nació su hoy miscelánea, ubicada en su residencia, donde vende de todo un poco y allí ha construido una clientela con la cual se encuentra posicionada. En la actualidad su meta es ampliar su negocio, teniendo un stock de mercancía de mucha rotación, para más adelante lograr el máximo aprovechamiento de su infraestructura, ofreciendo servicios de impresión. Ella poco a poco está dando pasos importantes y por eso se cuando se acercó por primera vez a la Fundación Mario Santo Domingo, compró mercancia como calzado, ropa, cosméticos al por mayor, de contado y sobre pedido. Luz en la actualidad está aplicando a un credikiva con el cual comprará mercancia sobre pedidos al pormayor y de contado, como ropa, calzado accesorios, cosméticos etc. Ella dice a sus finaciadores que está muy agradcida con los créditos, por que es un apoyo que le ha facilitado el mejoramiento de sus ingresos familiares y guarda la esperanza de un futuro mejor. Con su credikiva planea incrementar sus ventas, sus utilidades pues tiene una clientela fija que en temporadas altamente comerciales, como el segundo semestre del año, hacen que su inversión sea muy 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.

Tags

About Colombia

  • $6,070
    Average annual income
  • 301
    View loans »
    Colombia Loans Fundraising
  • $14,063,675
    Funds lent in using Kiva
  • 1,934.2
    Colombia Pesos (COP) = $1 USD
Expired
A loan of $1,050 helped Luz to purchase wholesale, overstock and cash merchandise like clothing, shoes, accessories, cosmetics etc.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 9, 2013
Listed
Sep 16, 2013
Currency Exchange Loss:
Possible
Expired:
Oct 16, 2013