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Ludis Isabel
Ludis, 52, lives in the town of Malambo 20 minutes from the city of Barranquilla with her spouse; she has four children whose ages range from 15 to 23 years. She studied dressmaking at a technical school thirty years ago and started making clothes to order. Later on and simultaneously she worked in firms in Barranquilla’s Free Zone until she became independent seven years ago setting up her own workshop at home where she established a domestic clientele composed of her family and neighbors which has gradually grown and expanded.

Her infrastructure consists of three machines that she owns and another one she leases that she needs to meet current production demand. When a micro businesswoman who has been associated with Fundación Mario Santo Domingo for 17 years spoke to her about this organization she had no doubts about it and today she’s applying for a Kiva loan, her first financing from this firm, that she’ll use to buy straight stitch and overlock sewing machines since basically her line of work is to assemble for larger firms so the quality of her articles of clothing must be higher to offer a better product to the market and potentially increase her clientele. Her investment’s success resides in her knowledge and the experience she has in the market and in her goal to get ahead with her business in order to provide schooling for her children.
View original language description ↓
Ludis de 52 años de edad vive en el municipio de Malambo a 20 minutos de la ciudad de Barranquilla con su cónyuge y tiene 4 hijos en las edades de 15 a 23 años. Ella estudió en una escuela técnica confección hace 30 años y con ello empezó a trabajar sobre medidas, posteriormente y de manera simultanea trabajó en empresas de la Zona franca de Barranquilla, hasta que se independizó hace 7 años, emprendiendo su taller en su propia casa, donde construyó una clientela doméstica, conformada por su familia y sus vecinos, la cual poco a poco fue creciendo y extendiéndose. Ella cuenta en su infraestructura tiene 3 máquinas y alquila una más, para responder a su producción usual y esta es su necesidad. Por eso cuando una microempresaria, que tiene 17 años de estar vinculada a la Fundación Mario Santo Domingo, le habló de esta organización no lo dudó y por eso hoy está aplicando a un credikiva, primer financiamiento que hace a esta empresa, con la cual comprará una máquina plana y una fileteadora, ya que básicamente su línea es maquilarle a empresas mas grandes y requiere mayor calidad en la prenda, para ofrecer un mejor producto al mercado y potencializar el incremento de sus clientes. Su éxito en la inversión radica en el conocimiento y en la experiencia que tiene en el mercado y en su objetivo de avanzar en su negocio con el fin de sacar adelante a sus hijos en los estudios.

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

  • $11,100
    Average annual income
  • 464
    View loans »
    Colombia Loans Fundraising
  • $15,266,825
    Funds lent in using Kiva
  • 1,762.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Ludis Isabel to buy straight stitch and overlock sewing machines.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 24, 2012
Listed
Mar 16, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2013