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Rosestella
Rosestella, 29, lives with her spouse and two children who are 3 and 19 years of age in southwest Barranquilla in a neighborhood where most of the families earn income independently to support their homes.

Two years ago Rosestella was employed by a firm but when it went out of business she had to generate income some other way and that’s how two years ago she started to buy various merchandise like clothes and small home appliances that was on clearance sale and gradually built a clientele. As her customers request, she varies the merchandise she stocks so today she sells beauty products and varied merchandise but she wants to add shoes and small home appliances again because she has many pending orders.

This is why she’s calling on a Kiva loan, her first from Fundación Mario Santo Domingo, to buy shoes, small home appliances, perfumery, personal hygiene products, and clothes for women, men and children. Her business goal is to succeed in getting her customers to pay on time and later on to open a variety store and on the family front, to continue improving her house’s living conditions.
View original language description ↓
Rosestella de 29 años de edad, habita con su cónyuge y sus dos hijos en las edades de 3 y 19 años, al suroccidente de la ciudad de Barranquilla, en un barrio cuyas familias en mayor parte generan ingresos independientes para el sostenimiento de sus hogares. Rosestella hace mas de dos años trabajó para una empresa como empleada y cuando esta cerró sus puertas, ella debió generar ingresos de otra manera; así fue como hace 2 años, empezó invirtiendo su liquidación en mercancías variadas, como ropa y electrodomésticos menores, poco a poco construyó su clientela y ha ido cambando los artículos en la medida que lo requieran sus clientes, por eso vende hoy, productos de belleza y mercancías varias, pero quiere agregar la línea de calzado y nuevamente electrodomésticos menores, pues tiene muchos pedidos. Esta es la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, el que invertirá en calzado, electrodomésticos menores, perfumería, productos de aseo personal y ropa para damas, caballeros y niños. Su meta es lograr que sus clientes paguen en corto tiempo y ubicar mas adelante un punto comercial tipo miscelánea y a nivel familiar continuar mejorando las condiciones habitacionales de su vivienda.

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
  • 497
    View loans »
    Colombia Loans Fundraising
  • $14,967,400
    Funds lent in using Kiva
  • 1,890.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Rosestella to buy merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 11, 2013
Listed
Sep 25, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014