A loan of $1,050 helped materials and supplies.

Alexandra's story

Alexandra Díaz is 41 years old and lives with her two children, ages 20 and 22, in the Alcalá neighborhood of Bogotá. She dreams of seeing her children become successful in the near future.

Alexandra sews staff shirts and uniforms. In her case, customers send her the cut fabric and she assembles and finishes each item. Lately she has been designing her own shirts and needs working capital to invest in supplies and materials. Her experience has allowed her to create very good quality, so she has attracted good customers from different companies, as well as her previous local customers. This will be her first Kiva loan through “Fundación Mario Santo Domingo,” and she will use the money to buy fabric, leather, thread, and buttons.

She began her business eight years ago, by doing work sent to her from a factory, but this has gradually opened other doors for her with other companies and clothing warehouses and she has responded to this opportunity because she is making shirts, using techniques that improve the quality of the clothing. This has brought her new customers who seek good quality.

Her dream is to have her own clothing warehouse open to the public, where she can manufacture her exclusive designs, and pair them with men’s slacks and ties. She would like it to be located in a strategic business corridor so that she can increase her sales each day and be successful with her sales and clothing warehouse.

Currently, her average sales are 6,000,000 COP; her net profit is 45.9%; and she has working capital in the amount of 3,070,000 COP. She rotates her inventory every 25 days. If you were to meet Alexandra, you would see that she has clear objectives, especially in her plans to produce 200 shirts a month, because she wants to grow as an entrepreneur and continue moving her children ahead.

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Translated from Spanish by Kiva volunteer Hugo Reyes

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