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Aurora Maria
Aurora C. makes layettes for babies. She is very dedicated to her work -work that she began in Ciénaga, a town in Magdalena Department. From the time she was very young, she used to make dresses for dolls and as she got older, she perfected the art. She took courses that were related to fashion design and dressmaking. Aurora is 62 and lives in Las Palmas D. Barranquilla neighborhood. She is the mother of 4, ages 38-46, and the result of her performance in the traD. has been so good that it became a business. It has generated the main source of income for her family. Since 1998 she has worked with the Fundación Mario Santo Domingo, an organization that has helped her grow personally and business-wise because she has taken advantage of everything they offer. She has received 6 loans. She has received training in the business and changed her vision of what the business is capable of doing. The Kivacredit is her 7th loan, and she will use it to buy lace, tulle, padding, thread, tape and other items. In 1991 Aurora had 63 workers and she would like to take her business to this level again. That is why she strives to give it an enterpreneurial focus every day so as to fulfill her dream. Her business is prosperous and she has regular customers all year. Her products are sold in the center, a very commercial zone of Barranquilla. She has day sales outstanding of 26 days, while her gross profit on the sales is 53%, her debt is 30%, she has an ability to pay up to 70%, and her liquid assets are 2.3%. Aurora is a happy woman who enjoys the love of her children and grandchildren with whom she has excellent relations.
View original language description ↓
Aurora C. confeccionista D. ajuares para bebe, es una mujer sumamente delicada en su trabajo, el cual inició en Ciénaga, Municipio del departamento del Magdalena, cuando por vocación fabricó vestidos para muñecas desD. muy pequeña y con el pasar del tiempo ha ido perfeccionando el arte, con estudios especialmente en lo relacionado con diseño D. modas y confección. Aurora tiene 62 años y vive en el barrio las Palmas D. Barranquilla, es madre D. 4 hijos en las edades D. 38 a 46 años D. edad y su desempeño en este oficio ha sido tan bueno que lo ha convertido en su negocio, con el cual ha generado las principales fuentes D. ingreso para su hogar. DesD. el año 1998 está vinculada a la Fundación Mario Santo Domingo, organización con la que ha logrado un crecimiento personal y empresarial, porque ha aprovechado todo lo que le ofrece, así ha recibido seis financiamientos, se ha capacitado y ha cambiado su visión D. negocio.Su credikiva es su septimo financiamiento, con él comprará en encajes, velo, guata, hilo, cinta y aplicaciones varias. Aurora en el año 1991 tenia 63 empleados y quiere nuevamente llevar a su negocio en ese mismo sentido, por eso diariamente se esmera por darle un enfoque muy empresarial, para cumplir este su gran sueño. Su negocio se torna próspero, tiene clientes fijos todo el año, sus productos circulan en el centro, una zona muy comercial en Barranquilla, posee una rotación D. cuentas por cobrar D. 26 días , mientras su rentabilidad sobre las ventas es del 53%, su endeudamiento es del 30%, tiene una capacidad D. pago del 70% y su liquidez es del 2.3%. Aurora es una mujer feliz goza del cariño D. sus hijos y nietos con quien sostiene excelentes relaciones.

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
  • 183
    View loans »
    Colombia Loans Fundraising
  • $13,171,600
    Funds lent in using Kiva
  • 1,918.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Aurora Maria to buy lace, tulle, padding, thread, tape and other items.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 17, 2010
Listed
Dec 17, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011