Check out some available loans that are similar to this one!
Claudia Milena
Claudia Milena O. P. is married and has a six year old son. She lives in the neighborhood of Palermo Norte in the city of Bogotá, the capital of Columbia. Claudia Milena designs and makes women's clothing of unebeatable quality. This is the reason she is asking for a loan of $2,300,000. She would like to buy a sewing machine and add a door to the premises of her boutique. Claudia Milena, in addition to having her own workshop, also has a store to sell the clothes she makes. The store also sells women's acessories. Her business has been operating since 2003 in a well located commercial site and through it, she generates direct employment.

This is her sixth loan with the Mario Santo Domingo Foundation, and with these loans she has gradually succeeded in strengthening her business. She is able to pay her suppliers in cash and therefore get important discounts, so her sale prices are very acceptable to her clients. Claudia Milena dreams of traveling and expanding her business. She would like the business to grow in order to help her family and achieve recognition on a local and national level. This is her big challenge.
View original language description ↓
Claudia Milena O. P. , es una mujer casada que tiene un hijo de 6 años de edad y vive en el barrio Palermo Norte, en la ciudad de Bogotá, la capital de Colombia. La máxima expresión de Claudia Milena es diseñar y confeccionar ropa femenina con una calidad inigualable; esta es la razón por la que está solicitando un crédito por valor de $2.300.000 para comprar una maquina collarín y adecuar una puerta para el local de su boutique, porque Claudia Milena además de tener su propio taller, también tiene una unidad de comercialización de la ropa que fabrica y asi mismo vende accesorios femeninos. Su negocio está funcionando desde el año 2003 en un sitio bien ubicado comercialmente y a través de él está generando un empleo directo.

Este es su sexto crédito con la Fundación Mario Santo Domingo y con ello ha logrado fortalecer su negocio gradualmente, especialmente ha podido comprar de contado a sus proveedores y con ello adquierir importantes descuentos, por eso su precio de venta es muy aceptado por sus clientes. Claudia Milena sueña con viajar y extender su negocio quiere que crezca para ayudar a su familia y lograr posicionamiento a nivel local y también nacional; esto es justamente su gran desafío.

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
  • 296
    View loans »
    Colombia Loans Fundraising
  • $13,948,100
    Funds lent in using Kiva
  • 1,980.6
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Claudia Milena purchase a sewing machine and add a door to her store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2010
Listed
May 20, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011