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Maria
Maria has 10 years of business experience; she owes this to her friend who recommended that she should work in merchandise to obtain income. She performs sales on credit, working every day of the week, from 8 in the morning to 6 in the afternoon. She purchases the products in cash to warehouses in the City of Barranquilla.

Her goals are to increase sales and to finally open a store to the public so that she can restore her house and to overcome the challenge of creating a loyal customer base. She is currently applying for a credikiva, her first financing from the Mario Santo Domingo Foundation. With this she will purchase clothing, footwear, creams and perfumes. This investment she expects to increase her sales and her utilities, thus improving her business.
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Maria de 51 años se dedica a la actividad comercial, en su oferta la ropa, el calzado y los perfumes son los principales productos que su clientela compra y generan ingresos para beneficiar el bienestar de su familia conformada por su cónyuge y sus 3 hijos adultos. Maria tiene 10 años de experiencia empresarial y esto se lo debe a su amiga quien le recomendó dedicarse al comercio de mercancía variada para obtener ingresos. Sus ventas las realiza a crédito trabajando todos los días de la semana desde las 8 de la mañana hasta las 6 de la tarde y para ello compra los productos en la modalidad de contado, a almacenes de la ciudad de Barranquilla. Sus metas consisten en incrementar sus ventas y finalmente abrir al público un local, para mas adelante remodelar su vivienda superando el gran desafío de fidelizar cada vez mas su clientela. En la actualidad está aplicando aun credikiva, primer financiamiento a la Fundación Mario Santo Domingo, mediante el cual comprará ropa, calzado, cremas y perfumería, con esta inversión proyecta aumentar sus ventas y sus utilidades mejorando así su negocio.

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
  • 464
    View loans »
    Colombia Loans Fundraising
  • $15,266,825
    Funds lent in using Kiva
  • 1,886.1
    Colombia Pesos (COP) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $525 helped Maria to purchase clothing, footwear, creams and perfumes.
73% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2014
Listed
Aug 13, 2014
Currency Exchange Loss:
Possible