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Nelys
Nelys is a dressmaker. She sells women's clothes, bedspreads and table mats to a customer base which is made up of neighbors, family members and people who she has been recommended to. They increasingly make more demands for quality products and expect better prices. This makes Nelys very excited and awakens her creativity even more. Her big challenge is ensuring that her working capital stretches far enough to allow her to respond to her customers in a timely fashion as she sells most of her products on credit. For this reason, she is applying for a Kiva loan - her first loan through Fundación Mario Santo Domingo - to buy raw materials and supplies, in different colors and textures. She will buy in larger volumes so that she can obtain discounts and adapt to her customers' needs with respect to fashion.

Nelys learned the art of dressmaking from her aunt when she was very young and, when she grew up, she chose this as her main business activity. She bought her first machine and since then she hasn't stopped. Now, at 54 years old, she feels very happy to have made this decision because, over the years, she has managed to capture a very profitable market and people recommend her to other customers. She is currently starting a new line of products, making hammocks, which are currently very much in fashion. She has lots of orders from new customers.

Nelys' goal for the future is to own her own store where she can display the goods she makes and expand her technical infrastructure with machines that help her to make better products and allow her to create new sources of income for other people. While she continues working persistently, Nelys maintains a cash flow that allows her to meet her obligations and has a profitability of no less than 15%. She plans to increase her profitability as she increases her working capital.
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Nelys dedicada al arte de la confección, ofrece entre sus diseños prendas de vestir, femenina colchas, cubrelechos e individuales para la mesa, a una clientela compuesta por vecinos, familiares y referidos, que cada día plantean mayores exigencias de calidad, y esperan mejores precios, lo cual la tiene muy entusiasmada y despertando aún más su creatividad a Nelys, quien tiene el gran desafío de lograr, que su capital de trabajo, le alcance para responder a su clientela de manera oportuna, pues vende a crédito la mayor parte de sus prendas. Esta es la razón por la cual acude a su credikiva, primer financiamiento que hace a al Fundación Mario Santo Domingo, con el fin de comprar materias primas, e insumos en diversos colores y texturas, en mayor volumen, para obtener descuentos y adaptarse a los requerimientos que tiene su clientela con respecto a la moda. Desde muy niña Nelys aprendió de su tía el arte de la confección y cuando estuvo adulta eligió esta actividad como su trabajo principal, compró su primera máquina y desde entonces no ha parado. Hoy a sus 54 años se siente muy contenta por esta decisión, porque durante todo este periodo ha logrado conquistar un mercado muy rentable que hoy la refiere a otros clientes. En la actualidad está incursionando en la línea de telas de hamacas que se encuentran muy de moda y tiene muchos encargos de nuevos clientes. Su meta más adelante es tener un local propio donde exhibir lo que confecciona y ampliar su infraestructura técnica con maquinarias que hagan cada vez mejor su producto y le permita crear nuevas fuentes de ingreso a otras personas. Mientras trabaja persistentemente, Nelys maneja una liquidez que le permite cumplir sus obligaciones, y una rentabilidad no menor al 15% que planea aumentar en la medida en que incremente su capital de trabajo.

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
  • 182
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 1,760.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Nelys to buy raw materials and supplies, in different colors and textures, in larger volumes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 7, 2011
Listed
Jul 18, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 18, 2012