Check out some available loans that are similar to this one!
Angel Sofia
Angel, 57, makes clothing for the family in her business that she calls Clínica de Ropa [Clothing Clinic] because she also offers fitting and mending. She started her business many years ago with the goal of generating her own income to help support the household. Currently her plans for growth have not ceased, and she needs to grow in clientele and infrastructure.

This is why she is coming to request a mixed loan with which to buy a machine to make her methods more effective. She also will buy raw materials to make new designs for which she already has orders.

Her long-term goal is to have her own house and prosper with her shop, generating jobs for operators to help her expand the size of her market. Her greatest challenge is not having sufficient working capital to achieve this.

With her Kiva loan, she will begin the road to prosperity that she so desires.
View original language description ↓
Angel de 57 años de edad se dedica a la confección de ropa familiar en su negocio que llama clínica de ropa, porque también ofrece el servicio de ajuste, reparación de ropa. Su negocio lo inició hace muchos años, con el fin de generar sus propios ingresos, para ayudar al sostenimiento de su hogar. En la actualidad sus planes de crecimiento no han cesado y necesita crecer en clientela y en infraestructura. Esta es la razón por la cual acude a solicitar un crédito mixto, con el cual comprar una maquinaria para darle mayor efectividad a sus procesos y también comprará materias primas con las cuales elaborar nuevos diseños, que ya tiene encargados. Su meta mas adelante es tener una casa propia y prosperar con su taller generando empleos para operarias, que le ayuden a ampliar el tamaño de su mercado. Su mayor desafío es no tener el capital de trabajo suficiente para lograrlo y con su credikiva, muy pronto comenzará su camino a la prosperidad tan anhelada.

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
  • 138
    View loans »
    Colombia Loans Fundraising
  • $12,798,200
    Funds lent in using Kiva
  • 1,756.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Angel Sofia to buy a machine and raw materials in large quantities.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2012
Listed
May 8, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2013