Check out some available loans that are similar to this one!
Gloria
Gloria is 41, and lives in the municipality of Soledad. Here she works as a dressmaker making clothing, work that she prepared for through training programs, beginning in 1994. In 1996 she launched her business venture, making simple articles of clothing for her friends and family members that she made to measure. They brought her their fabric and supplies. In this way, she only offered sewing services.

She gradually perfected her skill and increased her clientele. As well, Gloria began to buy raw materials and to sell amongst her clientele, which increased each day.

Two years ago, taking advantage of its sales potential, she added a commercial activity through which she sells products she promotes with specialized catalogs, alternating this activity with her old business of dressmaking. With both she generates parallel income streams for supporting her household of three children, ages 18 to 21.

Her goal is to expand her dressmaking workshop and obtain contracts through which she will achieve higher revenues than she currently gets.

Now she is applying for a credikiva loan, her first from Fundación Mario Santo Domingo. With this she will buy supplies and raw materials for sewing new designs, as well as a variety of merchandise. With this investment, she will increase her portfolio of customers, and as well, her sales will benefit, producing new income.
View original language description ↓
Gloria de 41 años de edad vive en el Municipio de Soledad desde el cual se dedica a la confección de prendas de vestir, actividad para la que se preparó en procesos de capacitación, desde el año 1994 y desde el 1996 emprendió su aventura de negocios, haciendo prendas sencillas para sus amigos y familiares a quienes les confeccionaba a la medida y ellos llevaban sus telas e insumos, de esta manera ella solo ofrecía el servicio de costura. Poco a poco fue perfeccionando su arte y aumentaron sus clientes y así mismo, Gloria empezó a comprar la materia prima y a vender entre su clientela que cada día aumentaba. Desde hace dos años, aprovechando su potencial de ventas, adicionó una actividad comercial mediante la cual vende productos que promociona con guías especializadas, alternando esta actividad con su antiguo negocio de confecciones y con ambas genera ingresos paralelos para el sustento de su hogar tres hijos en las edades de 18 a 21 años. Su meta es ampliar su taller de confecciones y obtener contratos con los que logre ingresos superiores a los actuales. En la actualidad está aplicando a un credikiva, su primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará insumos y materias primas para confeccionar nuevos diseños, y mercancías variadas. Con esta inversión aumentará su cartera de clientes así como también sus ventas se verán beneficiadas produciendo nuevos ingresos.

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
  • 563
    View loans »
    Colombia Loans Fundraising
  • $14,650,775
    Funds lent in using Kiva
  • 1,772.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Gloria to buy supplies and raw materials for making new designs, as well as a variety of merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2012
Listed
Jun 26, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013