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Maritza
Maritza, 62, lives in the town of San Jacinto in the department of Bolívar. There she has a dress-making shop. She learned the trade from her family and used to watch her aunt sew. Later she decided to learn sewing technique and studied at a specialized institution. Upon finishing she began sewing for family, neighbors and friends who were her first customers. Now her business is much more organized and she makes women's dresses, although she also makes some men's clothing. Her main market is comprised of teachers, independent workers and homemakers.

Her working capital is not enough to attend to the increasing demand for the holiday season, so she decided to request a Credikiva loan, which is her fifth loan through the Mario Santo Domingo Foundation. She has belonged to the organization for four years. Her greatest challenge is responding to all her customers and buying in greater quantities, so this is what she will use her loan for. She plans to buy fabric and supplies to make the women's dresses she has on order. The loan will allow her to buy larger quantities, giving her greater discounts that she can pass on to her demanding customers.

Maritza is a woman who has worked hard to support her family, comprised of two sons, ages 22 and 30, who study and work, while always receiving the benefits of the income earned by their mother through her work.
View original language description ↓
Maritza de 62 años de edad vive en el municipio de San Jacinto en el departamento de Bolívar, allí tiene un taller de confecciones, actividad que aprendió por tradición familiar, viendo a su tía realizarla, posteriormente cuando decidió aprenderla técnicamente y la estudió en una institución especializada para ello. Desde que terminó empezó a confeccionar para familiares, vecinos y amigos, así fue como ganó sus primeros clientes y hoy no se detiene en su propio negocio, que está mucho mejor estructurado. En la actualidad fabrica vestidos, para damas, aunque también confecciona a caballeros; su principal mercado lo conforman profesores, trabajadores independientes y amas de casa. Su capital de trabajo es insuficiente para atender la demanda que se avecina con las fiestas de fin de año; esta es justamente la razón, por la cual acude a su credikiva, quinto financiamiento que hace a la Fundación Mario Santo Domingo, organización con la que está vinculada desde hace 4 años. Su mayor desafío es lograr responderle a toda su clientela y comprar en mayor volumen y este es el éxito de invertir su credikiva en su confección, comprará telas e insumos para producir ropa femenina que tien encargada; con su credikiva logrará comprar en mayor volumen, obteniendo mejores descuentos, los cuales trasladará a su exigente clientela. Maritza es una mujer que ha trabajado mucho para sostener su familia conformada por sus dos hijos, que en la actualidad tienen 22 y 30 años, estudian y trabajan, pero siempre han sido fortalecidos con los ingresos productos del trabajo de su madre

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
  • 531
    View loans »
    Colombia Loans Fundraising
  • $14,661,300
    Funds lent in using Kiva
  • 1,920.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Maritza to buy fabric and supplies to make women's clothing.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2011
Listed
Dec 28, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013