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Eannys
Eannys C. A. lives in the Cusules de Soledad neighborhood. She and her husband, who have three children that range in ages from 7 to 16 years, are ladies shoes manufacturers. She started the business after a State-run entity had a course on shoe modelling where she learned this skill. Later, she was able to gather seed money that she used to buy a machine and tools to make her first shoes. After that, she hired an employee to increase production and he trained her husband, who became proficient in this work.

This is her second loan with Fundación Mario Santo Domingo; it is valued at $1,000.000 and will be used to buy raw materials and supplies like: sandals, heels, synthetic materials, soles, etc. to make ladies shoes. She sells to merchants by the dozen and to individuals, who order the style of shoe they want made from a catalogue, by the unit.

Her most important challenge is competition because she says that the market is saturated with low-price footwear. However, these are not of the same high quality as the shoes she makes. This is reflected in their durability and the fine materials they use. Their customers have understood this.

Her dream is to succeed with her business in order to set bases for her family's future support, especially so that her children will study and be successful and so that she can provide employment for others.
View original language description ↓
Eannys C. A. vive en el barrio los Cusules de Soledad, se dedica con su esposo a la elaboración de calzados para damas, tienen 3 hijos en las edades de 7,12 y 16 años.
Su negocio lo inició cuando una entidad estatal le dio un curso de modelaje de calzado donde aprendió el arte y luego accedió a su capital semilla, con el que compró una maquina y herramientas para elaborar sus primeros calzados, posteriormente contrató a un empleado para aumentar la producción y de él aprendió su esposo, quien se adicionó productivamente a este negocio; este es su segundo crédito con la Fundación Mario Santo Domingo por valor de $1,000.000, el cual utilizará en la compra de materias primas como odena, tacones material sintético, capelladas y suelas, para elaborar calzado femenino; ella vende a comerciantes por docenas e individualmente a clientes que le encargan de acuerdo a una revista, donde ellos eligen el modelo que desea les elabore.
Su desafío más importante es la competencia, porque dice que el mercado está saturado de calzado a muy bajo precio, pero no tienen la calidad del calzado que ellos fabrican, esto se refleja en la durabilidad y en los buenos materiales que utilizan y de esta manera lo ha asimilado su clientela. Su sueño es salir adelante en su negocio, para establecer las bases de sostenimiento futuro para su familia, especialmente para que sus hijos estudien y sean exitosos y para que mas personas tengan un empleo.

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
  • 499
    View loans »
    Colombia Loans Fundraising
  • $14,967,675
    Funds lent in using Kiva
  • 1,913.9
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Eannys to buy shoe-making supplies and raw materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2010
Listed
Feb 24, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2011