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28-year-old Esperanza lives with her 5-year-old son in the town of Soledad, very close to the city of Barranquilla. There she offers personal appearance improving services, which she provides on a door-to-door basis in this community. At the same time, she advises her customers on this subject and sells them beauty products according to the characteristics of the treatment. Her main products are cosmetics, shampoos, hair treatments and nail polish. She also offers merchandise from specialized product directories, because she's affiliated with a company that focuses its products on cosmetology and physical beauty. Her goal is to expand her business and to become the top distributor of cosmetics and beauty products, so that in the future she can ensure a successful education for her son. Her son is the main driving force in her life and the reason why she works very hard. She currently requests a Kiva loan, her first loan with Fundación Mario Santo Domingo, which she will use to purchase beauty products, cosmetics in general and supplies for providing her beauty services. Her investment will be successful, because it's done in connection to the orders from her profitable customers. Also, with money on hand, she will be able to purchase merchandise on discount and in bulk, and this will result in higher profits than usual and in very competitive prices which benefit her customers, the raison d'être for her business.
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Esperanza de 28 años, vive con su hijo de 5 años de edad, en el municipio de Soledad, muy cerca a la ciudad de Barranquilla. Allí se dedica a la oferta de servicios de mejoramiento de imagen personal, que presta a domicilio en esta comunidad. Así mismo asesora a su clientela en ese tema y les vende productos de belleza, de acuerdo a las características del tratamiento. Sus principales productos son cosméticos, shampoos, tratamientos capilares y pinta uñas. Ella también ofrece artículos a través de guías especializadas de productos, pues está afiliada a una empresa que enfoca sus productos en la cosmetología y a la belleza física. Su meta es ampliar su negocio y convertirse en la principal distribuidora de productos cosméticos y de belleza, para en un futuro asegurar la educación exitosa de su hijo, motor principal de su vida y por quien trabaja con mucho esmero. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará productos de belleza, cosméticos en general e implementos para la prestación del servicio de belleza. Su inversión será exitosa, porque la hace en el marco de pedidos de sus rentables clientes y con el dinero en sus manos podrá comprar mercancías, que traen descuentos y en mayor cantidad, lo cual generará ingresos superiores a los acostumbrados y precios muy competitivos, que benefician a su clientela, razón de ser de 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.

About Colombia

  • $11,100
    Average annual income
  • 305
    View loans »
    Colombia Loans Fundraising
  • $18,296,125
    Funds lent in using Kiva
  • 1,830.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Esperanza to purchase beauty products, cosmetics in general and supplies for providing her beauty services.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
May 31, 2012
Jun 6, 2012
Currency Exchange Loss:
Aug 30, 2013