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Yuberlys Maria
Yuberlys is 21 years old. She lives in the municipality of Malambo, very close to the city of Barranquilla, with her spouse and her 2-year-old daughter. There she works making women's sandals, a traditional business which started in her home, together with her parents, 7 years ago. It took its present form 3 years ago, because she gathered together all the practical knowledge from her parents and learned how to add embellishments. Later she was trained at the National Learning Service (Servicio Nacional de Aprendizaje, SENA), an organization supported by the national government, and there she strengthened her administrative and marketing knowledge. Currently, her business is officially registered, since she recognized the importance of being registered with the local Chamber of Commerce, so she can market to other institutions and negotiate her prices with suppliers. On average, she produces 160 dozen pairs of shoes, and she sells them to stores at wholesale prices, and these in turn pay her within 30 days. In her business, she works with people from her immediate family, generating about 15 part-time jobs, in addition to many people who work from their homes decorating the shoes. Currently, she is applying for this Kiva loan, her first financing with the Mario Santo Domingo Foundation, an organization which she got to know when it arrived in her neighborhood in a mobile office with commercial advisors. Her goal is to be able to acquire machinery to strengthen her technical infrastructure and increase the volume of sales, in order to gain discounts, and this is just what she will achieve with the purchase of leather, linings, rhinestones and other supplies to make new shoe designs and to continue on her path toward prosperity as expected.
View original language description ↓
Yuberlys de 21 años de edad vive en el municipio de Malambo, muy cerca a la ciudad de Barranquilla, con su cónyuge su hija de 2 años de edad; allí se dedica ala fabricación de sandalias femeninas, actividad tradicional que inició en su casa con sus padres desde hace 7 años y tomó forma desde hace 3, ya que recogió todos los conocimientos empíricos de sus progenitores y aprendió a guarnecer; posteriormente se capacitó en el Servicio Nacional de Aprendizaje “SENA”, organización apoyada por el estado nacional y allí fortaleció sus conocimientos administrativos y de mercadeo. En la actualidad su negocio posee registro mercantil, porque identificó la importancia de estar registrado ante la Cámara de Comercio local, para poder mercadear en otras instancias y negociar con proveedores sus precios. En promedio fabrica 160 docenas de pares de calzado y los comercializa en almacenes a los que le vende a precio de mayoristas y estos a su vez le pagan de contado. En su negocio trabaja con personas que conforman su núcleo familiar, generando alrededor de 15 empleos ocasionales y muchas personas que trabajan desde su casa el acabado decorativo del calzado. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, organización a la que conoció cuando llegó a su barrio en la oficina móvil con sus asesores comerciales. Su meta es lograr adquirir maquinarias, para fortalecer su infraestructura técnica y aumentar el volumen de compras, para ganar descuentos y esto es justamente lo que logrará con la compra de cuero, forros, pedrería, e insumos para trabajar nuevos diseños de calzado y continuar su camino hacia la prosperidad, como es lo que auguramos..

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
  • 299
    View loans »
    Colombia Loans Fundraising
  • $13,837,125
    Funds lent in using Kiva
  • 1,756.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Yuberlys Maria to buy leather, linings, rhinestones and other supplies to make new shoe designs.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2012
Listed
May 8, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013