Check out some available loans that are similar to this one!
Bertha
Bertha is 46 years old and lives with her spouse and their four children, who are between the ages of 15 and 28, in the city of Soledad, a metropolitan area in Barranquilla. There, for the past 20 years, she has worked selling clothing, footwear, perfumes, cosmetics and other goods. She started this business to generate an income, to provide more stability to her home, and to attain financial independence. Weekly and biweekly, she sells in neighboring places in cash and on credit. She is very well known in Soledad, Pojó and Barranquilla, where she has many customers who place orders with her. She bases her investments on them in order to generate more income each time.

Bertha wants to strengthen her working capital so that she can increase her sales and earnings, but getting the money to do so has been a challenge. For this reason, she is seeking a Kiva loan, her first loan with the Fundación Mario Santo Domingo, which she will use to purchase clothing, perfumes, cosmetics and footwear. This is merchandise that her customers have ordered and that she hopes will increase her sales and earnings, making her Kiva loan a successful investment.
View original language description ↓
Bertha de 46 años habita con su cónyuge y sus 4 hijos en las edades de 15 a 28 años en el municipio de Soledad, área metropolitana de Barranquilla, donde hace 20 años se dedica al comercio de ropa, calzado, perfumería, cosméticos y variedades; negocio que inició, para generar los recursos suficientes y poder ofrecer cada vez mas bienestar a su hogar y también por lograr independencia económica. Semanalmente, y quincenalmente se dedica a vender en poblaciones vecinas, de contado y a crédito. En Soledad, Pojó y Barranquilla, es muy conocida y tiene clientes que le hacen pedidos y sobre los cuales enmarca sus inversiones, para generar cada vez más ingresos. Bertha quiere fortalecer su capital de trabajo, para aumentar sus ventas y sus utilidades pero tiene el desafío de lograr conseguir dinero, para invertir y aumentar su clientela y con ello sus utilidades. 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 ropa, perfumes, cosméticos variedades y calzado, mercancía que han encargado sus clientes y con la cual tiene como meta aumentar sus ventas y sus utilidades, haciendo de su credikiva y exitosa 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

  • $6,070
    Average annual income
  • 282
    View loans »
    Colombia Loans Fundraising
  • $13,600,025
    Funds lent in using Kiva
  • 1,857.8
    Colombia Pesos (COP) = $1 USD
Expired
A loan of $575 helped Bertha purchase clothing, perfumes, cosmetics and footwear.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2014
Listed
Aug 5, 2014
Currency Exchange Loss:
Possible
Expired:
Sep 4, 2014