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Angelly
Angelly is 18 years old. Since she was young, she admired her aunt, who is a saleswoman and taught her everything she knows about sales. Alongside her aunt, she started her own small business at age 16, selling dairy products and meat, and later expanded to various retail merchandise. Gradually, she expanded her customers among her schoolmates, so she decided to work with multinational companies to offer a variety of merchandise, like makeup and women's and children's clothing, through specialized product guides.

Her knowledge of the market was the first thing that she practiced with her aunt's help and it allowed her to advance. Today, her goal is to build her credit history, so this is the first time that she is applying for a loan. She developed her business by going door-to-door, making sales in cash and credit with a frequency of 20 days, and purchasing products directly from distributors' catalogs.

With the goal of improving her access to finance, Angelly has turned to a Kiva loan as her first source of financing, and with which she will purchase beauty products, women's and children's clothing, meat, fish, and cheese. With her Kiva loan, she hopes to increase her sales and number of customers. Her ultimate goal is to have her own shop where she can display products. Her greatest challenge is to finish cosmetology school and learn English as her second language. Angelly, who is focused on her dream of prosperity, will eventually overcome the obstacles in her life.
View original language description ↓
Angelly de 18 años de edad, desde muy niña sintió admiración por su tía, quien practica la actividad de comerciante y le enseñó todo lo que hoy conoce sobre ventas. De la mano de su tía, inició a los 16 años, su pequeño negocio, vendiendo productos lácteos y cárnicos y posteriormente mercancía variada al detalle. Gradualmente ha ido construyendo su clientela, entre sus compañeras de estudio actual y por eso se vinculó a multinacionales, para ofrecer artículos variados, como cosméticos, ropa infantil y para damas, mediante guías especializadas de productos; su cocimiento en el mercado fue lo primeo que hizo, como ejercicio, con la tutoría de su tía, para poder avanzar; Hoy tiene como meta construir su historial creditico, y por eso es la primera vez que aplica a un crédito. Su negocio lo desarrolla puerta a puerta, mediante la modalidad de ventas a crédito y de contado, con la frecuencia de 20 días y comprando productos directamente a los distribuidores, que lo hacen mediante catálogos. Con el fin de apoyar su inclusión financiera, Angelly hoy acude a un credikiva, primer financiamiento que realiza y con el cual comprará productos de belleza, ropa, femenina e infantil, carne, pescado, queso. Con su credikiva espera incrementar las ventas y aumentar el número de clientes. Su meta mas adelante es tener un local propio para exhibir productos y su mayor desafío es terminar su carrera profesional de cosmetología y aprender el idioma Inglés, como su segunda lengua. Angelly, enfocada en su sueño de prosperidad, gradualmente logrará superar las barreras que lo obstaculicen.

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
  • 286
    View loans »
    Colombia Loans Fundraising
  • $14,063,675
    Funds lent in using Kiva
  • 1,883.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Angelly to purchase beauty products, women's and children's clothing, meat, fish, and cheese.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2013
Listed
Oct 29, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 29, 2014