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Emilse
Emilce, 50, has a dressmaking shop in Puerto Colombia, very close to the sea, where she lives with her three daughters, 9, 16 and 21. She has had the shop since she got her first sewing machine 20 years ago and began to make dresses, blouses and skirts for her friends. Gradually her market began to grow and with it, the possibility of selling other products such as shoes, perfumes, and casual clothing to generate more income and help with the welfare of her household. She is currently applying for a Kiva loan, her second financing with the Mario Santo Domingo Foundation. She has been a member of this organization for a year and with it has succeeded in having working capital to cover new orders and to earn a little more. She will use the Kiva loan to buy a new sewing machine because she needs to increase her productivity and to improve the quality of her clothing. This is because she wants to get involved with more structured markets. Her goal for the future is to expand her business,adaptaing her infrastructure of sewing machines and succeed with the incorporation of workers who help her production and are able to earn for themselves as well.
View original language description ↓
Emilce de 50 años tiene un taller de confecciones en el municipio de Puerto Colombia, muy cerca al mar donde vive con sus tres hijas en las edades de 9, 16 y 21 años. Ella tiene un taller de confecciones desde cuando adquirió su primera máquina hace 20 años y empezó a confeccionar para sus amigas, vestidos, blusas y faldas. Gradualmente su mercado empezó a crecer y con ello las posibilidades de vender otros productos como calzado, colonias, ropa informal, para generar mas ingresos y generar bienestar a su hogar. En la actualidad está aplicando a un credikiva, segundo financiamiento que hace a la Fundación Mario Santo Domingo, organización en la que tienen un año de estar vinculada y con la que ha logrado tener un capital de trabajo para atender nuevos pedidos y ganar un poco mas. Con su credikiva, comprará una nueva máquina de coser, porque necesita aumentar su productividad y mejorar la calidad de las prendas, teniendo en cuenta que quiere abordar mercados mas estructurados. Su meta mas adelante es ampliar su negocio, adecuando su infraestructura de máquinas y logrando la vinculación de operarias que apoyen sus procesos productivos y generen ingresos que las beneficien.

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
  • 301
    View loans »
    Colombia Loans Fundraising
  • $13,786,300
    Funds lent in using Kiva
  • 1,759.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Emilse to buy a new sewing machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2012
Listed
Mar 31, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013