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Yuleidis
Yuleidis, a 23 year-old youth, sells ice cream, recharging services, cellular calls, and sweets in general for a living. She decided to start a business a year ago when she observed the potential demand in the area where she lives and her need to generate income to support her college expenses. She studies financial management and is in control of her investment. She first sold communication services and subsequently satisfied her customers by offering them ice cream. Her sales have gradually increased and now her freezer is not sufficient to respond to the requests of her customers. Ice cream is not available when they are shopping, as they sell very quickly. Her goal is to have a store and earn more income to finish her college studies. For that, she works every day of the week without stopping from 7:00 AM to 8:00 PM. She buys in cash only from large companies in order to obtain fair prices to compete effectively. Today she is applying for a Kiva loan, her first funding from Fundación Mario Santo Domingo. She will use it to buy chairs, tables and another freezer to store ice cream, attracting the teenagers and children that are on vacation at the end of the year, to increase sales. With this investment she will improve her offering, the service will be timely, and it will give her business a better presentation, making her Kiva loan, an excellent investment.
View original language description ↓
Venta de helados servicios de recarga, llamadas a celulares y de dulcería en general, son las actividades a las que se dedica Yuleidis, joven de 23 años de edad, quien desde hace 1 año, cuando observó la demanda potencial del sector donde tiene su domicilio, y su necesidad de generar ingresos, para respaldar sus gastos universitarios, se dio a la tarea de iniciar su negocio. Ella estudia administración financiera y es muy coherente con el control de su inversión, en un principio vendiendo servicios de comunicaciones y posteriormente, aprovechó la clientela que conformo, para ofrecerles helados. Sus ventas gradualmente se han incrementado y hoy su nevera no es suficiente para responder a los pedidos de sus clientes, que no encuentran helados cuando van a comprar, pues los vende muy rápido. Su meta es organiza un local y ganar mas dinero, para terminar sus estudios en la universidad, para ello trabaja todos los días de la semana sin cesar, desde las 7 de la mañana hasta las 8 de la noche, comprando de contado, a grandes empresas para obtener precios justos y competir con efectividad. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará sillas, mesas y otra nevera que surtirá de helados, aprovechando que jóvenes y niños, se encuentran de vacaciones de fin de año, para impulsar sus ventas. Con esta inversión mejorará la oferta, el servicio será oportuno y dará mejor presentación a su negocio, haciendo de su credikiva una excelente inversión.

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

  • $11,100
    Average annual income
  • 475
    View loans »
    Colombia Loans Fundraising
  • $15,262,800
    Funds lent in using Kiva
  • 1,928.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Yuleidis to buy chairs, tables, and another freezer to store ice cream.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2013
Listed
Nov 29, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014