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Claudia
Claudia, age 24, lives with her husband in the Malambo municipality, which is very close to the city of Barranquilla. That is where she has her sewing business. This business activity is a family tradition that her mother started seven years ago. For health reasons, her mother transferred the business to Claudia, who has been taking the reins of this small business little by little.

Four years ago she learned specialized sewing technique for women’s dresses and skirts. She sells them to Christian clothing stores. The skirts are elegant, roomy, and long, which conforms to the education that the churches give to the diverse congregations that are in Malambo.

Claudia got married a year ago. She has continued to be in charge of her business in order to help her husband establish the family’s well-being now and in the future. She also wants to fulfill her dream of finishing her college education. She is studying the career of public accounting.

In addition to making clothes, Claudia generates other income through the sale of products by catalog. She promotes her sales among her neighbors, family members, and study companions, who are her principle market.

Claudia is currently applying for a Kiva loan, her first loan with the Fundación Mario Santo Domingo. She will use the loan to buy fabric, thread, buttons, and interfacing in greater volume in order to get discounts. She will also buy a machine to use to improve her productive times.

Her goals are to organize her shop and to even generate jobs, to complete her university education, and to have her own house. While she works hard to fulfill her dreams, she manages a 30-day accounts receivable turnover rate while her inventories rotate every 5 days. Her profit margin is no less than 16%. Using these financial indicators we project growth for her business.
View original language description ↓
Claudia de 24 años de edad vive con su esposo en el municipio de Malambo, lugar ubicado muy cerca a la ciudad de Barranquilla. Allì tiene un negocio de confecciones, actividad tradición familiar que iniciara su madre desde hace 7 años, pero que por motivos de salud trasladó a Claudia, a quien poco a poco le tocó asumir las riendas de esta microempresa. Ella hace 4 años aprendió las técnicas de costura especializándose en vestidos para damas y faldas, que comercializa para almacenes de ropa cristiana, es decir faldas elegantes amplias y largas, conforme a la educación que imparten las iglesias de diversas congregaciones que están ubicadas en Malambo. Hace un año Claudia contrajo matrimonio y ha continuado al frente del negocio para apoyar a su esposo en la construcción del bienestar presente y el futuro de su familia, así como el de cumplir su sueño de terminar sus estudios universitarios, pues estudia la carrera de contaduría publica. Además de la confección Claudia genera otros ingresos mediante la venta de productos por catálogos, los cuales promociona entre sus vecinos, familiares, compañeras de estudio, quienes son su principal mercado. En la actualidad Claudia está aplicando a un credikiva, primer financiamiento que hace ala Fundación Mario Santo Domingo, mediante el cual comprará telas, hilos, botones, pellón, en mayor volumen para lograr descuentos y una máquina con la cual mejorar los tiempos productivos, porque tiene como meta organizar su taller hasta generar empleos, culminar sus estudios universitarios y tener su propia casa. Mientras trabaja con esmero para lograr sus sueños, maneja una rotación de cuentas por cobrar de 30 días, sus materias primas rotan cada 5 días y una rentabilidad no menor del 16%, razones financieras desde las cuales proyectamos su crecimiento empresarial.

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
  • 522
    View loans »
    Colombia Loans Fundraising
  • $14,666,500
    Funds lent in using Kiva
  • 1,756.0
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,150 helped Claudia to buy a greater volume of fabric, thread, buttons, and interfacing.
99% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2012
Listed
May 8, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2014