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Martha Segunda
Martha is 46 and the mother of 3 children who range in age from 22 to 30. She works in the municipality of Soledad, where she also lives. She makes curtains, valances, and cushions, an activity that she learned 30 years ago to support her home. She initially worked in a furniture shop where she sewed by hand and later acquired new experience in a sewing shop making curtains for 13 years. In 1990, the shop was liquidated, and she bought a sewing machine and started her own business. She has obtained good income to support her family's well-being.

Martha has worked with Fundación Santo Domingo for one year. They have supported her with capital through a loan, and she is now applying for her second loan, which she will invest in the purchase of materials like padding, cords, and other supplies as well as a family sewing machine that will facilitate an increase in her production, and with it, her sales. Her goal is to grow her clientele and to offer income opportunities to more workers. She works very hard and maintains a profitability of no less than 16%, which is why she is planning her growth.
View original language description ↓
Martha de 46 años es madre de 3 hijos en las edades de 22 a 30 años y se dedica en el municipio de Soledad, donde vive, a la confección de cortinas abullonados, cenefas y cojines, actividad que aprendió hace 30 años para apoyar la gestión de su hogar; ella inicialmente trabajó en un taller de muebles, donde cosía a mano y posteriormente adquirió una nueva experiencia en un almacén de costura de cortinas durante 13 años, hasta que en el año 1990, con el producto de su liquidación, comprara una maquina e iniciara su propia aventura de negocio y hasta la presente ha logrado ingresos para apoyar el bienestar de su familia. Martha tiene un año de estar vinculada a la Fundación Mario Santo Domingo, que la ha apoyado con capital de crédito por eso su capital se ha incrementado y en la actualidad está aplicando a su credikiva, segundo financiamiento con esta organización, el cual invertirá en la compra de materiales para rellenos, telas correderas y otros insumos además de un máquina familiar, que facilite el incremento de su producción y con ello sus ventas. Su meta es incrementar la clientela y ofrecer oportunidades de ingresos a más operarias. Mientras esto ocurre se esmera en su trabajo manejando una rentabilidad sobre las ventas no menor del 16% desde la cual planea su incremento.

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
  • 293
    View loans »
    Colombia Loans Fundraising
  • $13,948,100
    Funds lent in using Kiva
  • 1,778.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Martha Segunda to invest in the purchase of materials like stuffing, fabric, cords, and other materials, as well as a family sewing machine.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2011
Listed
Sep 3, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 18, 2012