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Martha Ramona
Martha Ramona García, 60, owns “Confecciones Marynaty,” a business where she manufactures all kinds of clothing, especially menswear, although she also works on crafts and lingerie.

Her activity is a product of family tradition. She used to work for a firm where she strengthened her knowledge and later decided to start her own business because she couldn’t find employment due to her age. This is how she took on this task in order to support the education of her three children who are currently between the ages of 24 and 35. Her dream is to set up her business in a locale separate from her house with all the comforts that will facilitate its growth and sustainability.

She is asking for her first financing from Fundación Mario Santo Domingo through a Kiva loan to buy fabric, thread, foam, elastic, cotton and appliqués because the Barranquilla Carnivals are approaching and she wants to be able to respond to the season’s demand.
View original language description ↓
Martha Ramona G. tiene 60 años y es la propietaria del negocio “Confeciònes Marynaty” alli se dedica a la confecciòn de todo tipo de ropa especialmentetrabaja en la lìnea masculina, aunque tambien trabaja las manualidades y principalmente la lencerìa . Su actividad es producto de la tradiciòn familiar, antes trabajaba en una empresa donde fortaleciò su saber y posteriormente decidiò emprender su propio negocio, por efecto de que por su edad no lograba encontrar un trabajo. Asi fuè como se dia a esta tarea con el fin de apoyar la educaciòn de sus tres hijos, que en la actualidad estan en las edades de 24 a 35 años. Su sueño es organizar su negocio en un local independiente a su casa y con todas las comodidades que le faciliten su crecimiento y sostenibilidad en el negocio. En la actualidad està solicitando su primer financiamiento a la Fundaciòn Mario Santo Domingo mediante su lìnea Kivacrèdito, para comprar telas, hilo, esponja, resortes, algodón y aplicaciones, pues ya se acercan los carnavales de Barranquilla y ella responderà a la demanda de esta temporada.

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
  • 525
    View loans »
    Colombia Loans Fundraising
  • $14,691,000
    Funds lent in using Kiva
  • 1,883.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Martha Ramona to buy fabric, thread, foam, elastic, cotton and appliqués.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 4, 2011
Listed
Feb 14, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011