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Maria
María Esperanza V. V. is 41 years old and lives in the Municipality of San Jacinto. It is a place characterized for making hammocks, bags, hats and accessories with vertical stitching and also for the fact that many women work in making them. In this context, María lives up to the tradition and started her business making handicrafts and all types of clothing. She learned from family tradition, perfecting her skills at Sena (a technical state company) and strengthening them with the loans from Fundación Mario Santo Domingo. She has three children who are 10, 5, and 3 and are all in school, as María and her husband’s efforts are focused on raising them to be successful and well-educated people.


This is María’s second loan with Fundación Mario Santo Domingo. She invested her previous loan in handicrafts, clothing and poultry meat because she looks to earn income in different areas required by her customers. With her loan from Kiva, she will buy yarn for weaving hammocks, backpacks and to make a few bedspreads that have been requested. She will also invest in the purchase of materials for her workshop. She believes her investment will be successful because has orders for hand-embroidered bedspreads, hammocks and bags in the cities of Barranquilla and Cartagena, where she has her biggest market.


María Esperanza is very enthusiastic about her business because it has allowed her to gradually build her own house, located near where her family currently lives. Her goal is to expand her business and set up a locale to exhibit her products, as well as to save for her children’s education. Meanwhile, María continues to have an 18% profit margin and is working hard to increase it.

View original language description ↓
María Esperanza V. V. tiene 41 Años y vive en el Municipio de San Jacinto, población caracterizada por la fabricación de sus hamacas, bolsos, sombreros y accesorios en tejido vertical y el desempeño de gran parte de sus mujeres en las actividades de la confección; en este contexto es donde Maria hace honor a su tradición y emprendió su negocio de producir artesanías y de confección de prendas de vestir en todas las líneas, aprendiéndolo por tradición familiar, perfeccionándolo con el Sena, (organismo técnico estatal) y fortaleciéndolo con los financiamientos de la Fundación Mario Santo Domingo. Ella tiene 3 hijos en las de 10, 5 y 3 años, todos ellos están estudiando, porque el gran esfuerzo que realiza Maria y su esposo está concentrado en convertirlos en personas exitosas y de buenas costumbres.
Este es el segundo financiamiento que hace Maria a la Fundación Mario Santo Domino, el anterior lo invirtió en Artesanías, confecciones y también en el comercio de carne de pollos, porque es una persona que busca la forma de generar ingresos con diversas actividades productivas, requeridas por sus clientes. Con su credikiva comprará hilaza para tejer hamacas, mochilas y para hacer unos cubre lechos que le han encargado; también invertirá en la compra de materiales para el taller de confecciones. Justifica su inversión como exitosa porque tiene pedidos de cubre lechos bordados a mano, hamacas y bolsos en las ciudades de Barranquilla y de Cartagena, que es donde está ubicado su mayor mercado.
Maria Esperanza está muy entusiasmada con su negocio porque le ha suministrado utilidades para gradualmente construir su propia casa, la cual está ubicada al lado de donde se encuentra la familia en este momento. Su meta más adelante es ampliar su negocio y adecuar un local para exhibir los productos y poder ahorrar para el estudio de sus hijos. Mientras esto ocurre Maria continua trabajando con una rentabilidad no menor de un 18% y esforzándose por incrementarla.

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

  • $11,100
    Average annual income
  • 473
    View loans »
    Colombia Loans Fundraising
  • $15,262,800
    Funds lent in using Kiva
  • 1,789.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Maria to buy materials for her workshop, as well as yarn for weaving hammocks, backpacks and to make a few bedspreads that have been requested.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2011
Listed
Apr 30, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012