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Liz Narcisa
Liz never thought that what she saw her mother do for work would turn into her main source of personal and economic autonomy. She achieved this through her free and independent spirit, generated by her own creativity. She initially worked for an important city company. To make more money, she made clothes for her coworkers with her mother's working tools, taking their measurements, and helping them to buy the right fabric as well as supplies. In the year 1998, she decided to create her own company and resign from her job. This is how it has gone, with her savings and the sales of her products she has managed to negotiate more customers from the ones referred by purchasers until this moment. Today, she not only makes things from measurements, from contracts on credit for her best customers, but also has contracts with elementary and high schools. She also has customers in the north of the city that recognize the quality with which she works the clothing garments and her delicate design. She is currently applying for her first Kiva credit, and also her first financing through Fundación Mario Santo Domingo. She plans to buy wholesale fabrics with it, because she has a contract with a high school to make uniforms. With the loan, she will continue in her goal of growing and enlarging the capital of her work, so that she can continue generating a better wellbeing for her family, made up by her 14 year old son.
View original language description ↓
Liz nunca pensó que en lo que vio a su madre trabajar, se convertiría en su principal fuente de autonomía personal y económica y esto lo logró por su espíritu libre e independiente, generado por su propia creatividad. Ella inicialmente trabajaba empleada en una empresa importante de la ciudad y para generar más ingresos les fabricaba a sus compañeras de trabajo, ropa tomando sus medidas, ayudándole a comprar la tela apropiada, así como también los insumos y con las herramientas de trabajo de su madre. En el año 1998 decidió generar su propia empresa y renunció de ser empleada, así fue como con sus ahorros y el producto de su liquidación lo logró, gestionando más clientes entre los referidos de sus compradoras hasta ese momento. Hoy no solo confecciona sobre medidas, de contado y a crédito a sus mejores clientes, sino también tiene contratos con escuelas y colegios, sino también tiene clientela en el norte de la ciudad que le reconoce la calidad con que trabaja las prendas de vestir y su delicado diseño. En la actualidad está aplicando a su primer credikiva, también primer financiamiento, que hace a la Fundación Mario Santo Domingo, con el cual planea comprar telas al por mayor porque tiene un contrato con un colegio a quien le confeccionará uniformes. Con ello continua en su propósito de crecimiento y de aumento de su capital de trabajo, para seguir generando mayor bienestar a su familia conformada por su hijo de 14 años de edad.

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
  • 175
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 1,836.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Liz Narcisa buy wholesale fabrics.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2012
Listed
Jan 20, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013