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Alix
Alix, 48, has two businesses. One is making and selling baby clothing by order. The other is selling infant footwear that she buys in the city or orders from samples from the catalogs and distributes to stores throughout the north coast of the country. Alix has received 4 loans from the Mario Santo Domingo Foundation which have helped her to increase her market and her organizational structure. She initially had a very local market and has been able to expand to other regions of the country. Her goal for the future is to have a bar code and sell internationally, initially in neighboring countries until she expands further. Her greatest challenge is competition and the duration of her travels, which allow her to shore up her customer base and increase her sales volume.

Currently she is applying for her 5th loan which she will use to buy fabric, lace, elastic, infant footwear and general materials. She wants to get them at the special discounts that her suppliers give when she buys in bulk and in cash. This is exactly the reason that her investment will be successful. She will make baby clothing and buy footwear, which she will add value to with her design techniques and finishing touches.
View original language description ↓
Alix de 48 años de edad tiene dos negocios, por un lado se dedica a la elaboración y venta de artículos para bebes por encargos y por otro lado a la venta de mercancía de calzado infantil, los que compra a pequeños negocios de la ciudad y algunos los mandan a fabricar con muestras tomadas delos catálogos y los distribuye en almacenes de toda la Costa Norte del País. Alix ha recibido 4 financiamientos de la Fundación Mario Santo Domingo, con ellos ha logrado su crecimiento en el mercado y en su estructura organizacional, ella tenía inicialmente un mercado muy doméstico y ha logrado ampliarlo a otras regiones del país. Su meta mas adelante es tener su código de barras y lograr vender a nivel internacional en países vecinos inicialmente hasta lograr mayor extensión. Su mayor desafío es la competencia y la permanecía en sus viajes, lo cual le permite asegurar el mercado de clientes y aumentar su volumen de ventas. En la actualidad está aplicando a su quinto financiamiento, con el cual comprar telas, encajes, elásticos, calzado infantil y materiales en general, pues ella quiere ganar descuentos especiales, que tienen sus proveedores a propósitos de sus compras de contado y en mayor volumen. Esta es justamente la razón de éxito de esta inversión, con la cual fabricará artículos para bebé y comprará calzado, a los cuales agregará valor con su toque en el diseño técnico y acabado.

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
  • 498
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,790.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Alix to buy fabric, lace, elastic, baby shoes and other materials.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2012
Listed
May 24, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013