A loan of $1,425 helped to buy sandals and flip flips with seasonal designs.


Vanessa's story

Vanessa is 22 years old and lives in the south of the city in a neighborhood where Barranquilla ends and the municipality of Soledad begins. Here formal economic activities are focused on including work in malls and stores while informal activities occur around them. The local state has relocated them to a commercial plaza where they are now concentrated. Here with their owners, educational action is being taken to formalize their work and improve their productiveness.

Vanessa works here, who since she was very young at 17 years old, began selling goods. Her father strengthened her impetus and gave her seed capital for it. Here she received the encouragement of two friends who made her dream of what has today become her business, where she sells footwear in formal and informal styles. She makes her sales in cash and on a daily basis from 9 am to 9 pm. She makes her purchases in warehouses located in the center of the city and on credit.

She is currently applying for a Kiva loan, her first loan with Fundación Mario Santo Domingo, through which she willl buy with cash and in large volume attractive footwear for one of the most important parties of the city. The Barranquilla Carnival comes with an extravagance of color and masks that reflect the ways of the Caribbean people. This is one of the most commercial times of the year in the department of Atlántico. Her goals are to strengthen their business by purchasing in cash and in high volume. This is just the reason why she is applying for a Kiva loan, with which she will buy sandals and flip flops with designs for the happiest time of the year in the city and Colombian Caribbean. Her greatest challenge is to have enough working capital to have sufficient inventory that will help her impress her clientele and selll much more.

Translated from Spanish by Kiva volunteer Gina Cappuccitti



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Loan details