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Fernando
Fernando D. F. lives in the neighborhood of Los Pinos where he has a business called “Confecciones Difelipo”. There he produces all styles of clothing based on the season, as well as the tastes and preferences of his customers. During the first few months of the year he produces school uniforms, women’s clothing for Mother’s Day, children’s Halloween costumes, and other items. Fernando learned this trade since it is a family tradition. He perfected his skills by taking courses and workshops to update his knowledge and improve in the art of sewing. Fernando has a small workshop, but it is well-organized to make it look attractive to potential customers. His dream is to expand his workshop and create jobs in a strategic area that is separate from his personal space. For this reason, he works constantly and with great discipline so that he can accomplish this goal.


This Kiva loan is the first time Fernando has received financing from Fundación Mario Santo Domingo. He will use the funds to buy materials and supplies, especially fabrics in bulk. In addition, some of the money will be invested in machine repairs. His main challenge has been securing operating capital so that he can meet the demands of his customers. Fernando now knows that he can move “Confecciones DiF.” forward since he has access to the loans from FMSD.

View original language description ↓

Fernando D. F., vive en el barrio los pinos donde tiene un negocio llamado “Confecciones DiF.” allí fabrica ropa en todas las líneas poductivas, de acuerdo con la época, los gustos o preferencias de sus clientes, de esta manera produce en los primeros meses del año ropa escolar, para el día de las madres ropa femenina, para Halloween disfraces infantiles etc; Fernando aprenD.ó su actividad como tradición familiar y la ha perfeccionado a través de cursos y talleres de actualización y mejoramiento en el arte de las confecciones. Él tiene un taller aunque pequeño muy organizado que lo hacen muy atractivo para sus clientes potenciales. Su sueño es ampliar su taller y generar empleos en un sitio estratégico donde pueda independizar su espacio personal del productivo, esta es la razón por la cual trabaja constantemente y se esmera con disciplina para el cumplimiento de su propósito. Este, su credikiva, es el primer financiamiento que hace a la Fundación Mario Santo Domingo, con el comprará materias primas e insumos, especialmente telas al por mayor e invertirá también en la reparación de una maquinaria. Su principal desafío fue conseguir capital de trabajo para responder a sus clientes, pero sabe que de ahora en adelante“Confecciones DiF.”, contará con el acceso a los créditos de la Fundación.

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
  • 455
    View loans »
    Colombia Loans Fundraising
  • $14,624,200
    Funds lent in using Kiva
  • 1,817.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Fernando to purchase materials and supplies in bulk as well as pay for machine repairs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2011
Listed
Apr 14, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012