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Nora Isabel
Nora is 49 years old and lives in a neighborhood located in the south part of the city where there are merchants, formal and informal manufacturing, athletes and recreational activities. The Barranquilla soccer stadium is near there for those who follow this sport. They call this the selection house of Colombia because there are more than 40,000 spectators from the Caribbean Coast and Colombia whenever the selection shows up to play.

Nadia is a merchant, married, and has three children, aged between 15 and 19. She has had her own business for 12 years and has been selling candies with her friends in the neighborhood since she was a little girl. She now sells clothing, shoes, cosmetics, magazines, and specialized guides. Her business is growing gradually. There are times when she has challenges, such as lack of capital to buy what her customers want over the end of year season, when the workers, employees, and all of the community prepares for the Christmas and end of years festivities and dress elegantly.

Since Nadia sells her merchandise on credit and for cash, in order to increase the chance of getting more customers. She is asking for a Kiva loan, through Fundación Mario Santo Domingo, so she can buy under and outer garments, shoes, and cosmetics in quantity, in order to meet her current customer demand. Her goal is to strengthen her business so she can work toward her and her husband’s dream of watching her children become successful professionals. She works hard, six hours a day. She wants to see her business grow quickly.
View original language description ↓
Nora de 49 años de edad habita en un barrio ubicado al sur de la ciudad, que combina actividades, comerciales, productivas, formales e informales con actividades deportiva y recreativas, pues allí muy cerca queda el estadio de Futbol de la ciudad de Barranquilla, ciudad que para los seguidores de este deporte, la llaman la casa de la selección Colombia, pues congrega a mas de 40 mil espectadores de la Costa Caribe y de Colombia, cuando el seleccionado se presenta a jugar.
Nidia es una mujer comerciante, casada y madre de 3 hijos en las edades de 15 a 19 años, que desde hace 12 tiene emprendió su propia aventura de negocios con una gran experiencia comercial, pues desde muy niña, se dedicaba a la venta de dulces y variedades, con sus amigas y vecinas del barrio. Su negocio consiste en la venta de ropa, calzado, cosméticos y productos de revistas, o guías especializadas, el cual ha ido creciendo gradualmente; hay temporadas en las que enfrenta el desafío de tener un capital de trabajo suficiente, para ofrecer lo que su clientela necesita y está dispuesta a comprar. Esta época se refiere especialmente al final del año, cuando los trabajadores, empleados y toda la comunidad en general, se prepara para recibir las fiestas de fin de año y navideñas en familia, vestidos muy elegantes. Como Nidia ofrece este tipo de mercancías a crédito y de contado, ajustándose a las posibilidades de su clientela, la demanda aumenta y esta es la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará de contado y en mayor volumen, ropa interior y exterior, calzado y cosméticos, para responder a las solicitudes de pedidos de su clientela actual. Su meta es fortalecer su negocio, para responder a su sueño, en unión de su esposo, de lograr que sus hijos sean unos profesionales exitosos. Para ello se esmera trabajando diariamente durante 6 horas consecutivas en esta actividad que quiere ver crecer rápidamente.

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
  • 263
    View loans »
    Colombia Loans Fundraising
  • $13,601,850
    Funds lent in using Kiva
  • 1,934.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $925 helped Nora Isabel to buy inventory.
97% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2013
Listed
Dec 4, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015