Check out some available loans that are similar to this one!
Carmen Cecilia
Carmen is 62 years old, married, and has three children between the ages of 30 and 48. She lives in the neighborhood of La Unión in southern Barranquilla. Carmen is a very spiritual and responsible woman. She participates in a prayer group in which her neighbors enjoy the year-end celebrations that are paid for using their joint savings.

Since 1986, Carmen has been manufacturing surgical garments. She began working at a clinic as a surgical clothing seamstress making bed sheets and gowns for patients, doctors, and medical personnel. Carmen perfected her skills through her previous work making casual clothing for women and men from a domestic market where she could catch up with her friends and neighbors. She quit that job after 19 years, but has worked as an independent surgical seamstress since 2005. Carmen currently operates her business out of her home. Her clients incluD. laboratories and rehabilitation centers. Through her business, she accomplished several goals, specifically ones related to the education of her three children and acquiring her own home.

Since Carmen needs to buy materials, such as fabric for producing surgical clothes, she is requesting her fourth loan from Fundación Mario Santo Domingo because she is constantly facing challenges related to cash flow. These institutions that are her clients take up to 60 days to pay for their orders. With the Foundation on her siD., Carmen has been able to improve her business processes as a result of the training classes she has attended. She also was able to formalize her business through a registration and legalization program that the Foundation offers.
View original language description ↓
Carmen, es una mujer casada D. 62 años D. edad, tiene 3 hijos en las edades D. 30 a 48 años y vive en el barrio la Unión al sur D. Barranquilla.
Ella es una mujer muy espiritual y solidaria, participa en un grupo D. oración en su barrio, donD. con sus vecinas disfrutan D. las celebraciones que hacen a final D. cada año producto D. los ahorros comunes.

DesD. el año 1986 está dedicada al arte D. la confección D. ropa quirúrgica, inició su trabajo en una clínica como confeccionista quirúrgica, allí fabricaba la ropa D. los pacientes, batas, ropa D. camas y para médicos y personal auxiliar, perfeccionando su arte porque anteriormente se dedicaba a la confección D. ropa casual para damas y caballeros, en un mercado doméstico entre sus amigos y vecinos. 19 años después fue pensionada y desD. el 2005 continuó trabajando en la costura quirúrgica en forma independiente, como en la actualidad lo hace en su negocio desD. su casa, sus clientes son laboratorios y centros D. rehabilitación; con su negocio ha logrado sacar adelante muchos proyectos, especialmente lo relacionado con el estudio D. sus 3 hijos y adquirió una casa propia. Como Carmen requiere comprar materias primas como telas e insumos quirúrgicos para su producción, está solicitando su cuarto crédito a la Fundación Mario Santo Domingo, porque constantemente tiene que afrontar el desafío D. tener efectivo disponible , pues estas instituciones, o sea sus clientes, pagan sus facturas a 60 días; Con Fundación como aliada, ella ha logrado mejorar sus procesos administrativos a través D. capacitaciones a las que ha asistido y también formalizó su negocio desD. que se vinculó al programa D. legalización y formalización empresarial que en esta organización se lleva a cabo.

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
  • 246
    View loans »
    Colombia Loans Fundraising
  • $13,478,725
    Funds lent in using Kiva
  • 2,000.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Carmen Cecilia purchase materials & supplies for making surgical clothing.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2010
Listed
May 23, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011