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Maria Soledad
Maria Soledad is 44 years old and she is a married woman. She lives with her husband and their 3 children, aged between 12 and 17 years old. They live in the district of Altos D. Riomar, in the city's north end. She has a craft shop there where she makes hand-maD. purses, bands, shoes, necklaces, bracelets, and she also decorates blouses and clothing in general. She was employed for 12 years as a professional business administrator, specializing in the financial sector. When she left her employment she decided to do what she loves most and since then she has perfected her art form and she has applied her financial knowledge to her own business. She has participated in national and international fairs with her crafts and today she exports to the United States and to Puerto Rico. Her dream is to expand her export business and to continue strengthening her brand name "Marisol Fashion" to secure a niche in these markets. Her Kiva loan is the first loan that she accesses through Fundacion Mario Santo Domingo (Kiva Field Partner). With her loan she will purchase products she requires to make her crafts such as straw, fabrics, leather, stone beads, and other craft accessories. Her goal is to expand to reach the local market potential and to start producing those crafts which sell the best to her clients. Maria Soledad wants to accomplish her dream of attaining success comparable to her husband's and to earn sufficient income so that her children can attain their level of schooling successfully. She continues to work on her business to maintain a profit margin of 45% and an inventory rotation of 45 days.
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Maria Soledad, D. 44 años es una mujer casada que vive con su esposo y sus 3 hijos en las edades D. 12 a 17 años en el barrio Altos D. Riomar al norte D. la ciudad. Allí tiene un taller D. artesanías, donD. elabora con sus propias manos, bolsos , correas, zapatos, collares, pulseras, y también decora blusas y ropas en general. En su profesión D. administradora, D. empresas, trabajó durante 12 años en el sistema financiero, y posteriormente cuando dejó D. hacerlo se dedicó a lo que mas le gusta y con ello ha perfeccionado su arte y aplicado su potencial financiero a su propio negocio. Con sus manualidades ha participado en ferias nacionales e internacionales y en la actualidad exporta a los Estados Unidos y a Puerto Rico. Su sueño es ampliar las exportaciones y continuar fortaleciendo su marca “Marisol Fashion” para lograr el posicionamiento en estos mercados. Su credikiva es el primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará materias primas para fabricar sus artesanías como palma D. iraca, telas, cuero, pedrería y demás accesorios, para ampliarse en su mercado local potencial e iniciar la fabricación D. sus productos D. mayor rotación solicitado por sus clientes. Mientras María Soledad cumple su sueño D. lograr al lado D. su esposo, generar ingresos suficientes, para que sus 3 hijos se fundamenten a nivel educativo con un potencial D. éxito, continua esmerándose en su negocio por sostener un margen D. utilidad no menor del 45 % y una rotación e inventarios D. 45 días.

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
  • 188
    View loans »
    Colombia Loans Fundraising
  • $13,162,950
    Funds lent in using Kiva
  • 1,795.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Maria Soledad to purchase products she requires for her crafts, such as straw, fabrics, leather, stone beads, and other crafting accessories.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2011
Listed
Aug 16, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012