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Deivis
Deivis, 30, owns a furniture-making business. He lives in the south of the city with his partner and their young children. He hopes his children will study for professional careers. Deivis learned the business from his father who, in turn, learned it from his and now he, Deivis, is heir to the family's 50-year tradition of making furniture. He started in 2000, making and selling wooden furniture, kitchens, doors, etc. Most of his customers are local people who have been referred to him by other businesses or people who were customers of his father before. He is responsible for every aspect of the business, from buying materials to design and manufacture. He collects 50% of the cost of an order when he receives the order and the other 50% when he delivers a final product. He wants to improve his workshop so that it's both more productive and comfortable for him and his employees. His immediate challenge is a lack of working capital. He doesn't have enough cash to make a large fixed investment in the business and buy wholesale supplies of the materials he needs to operate. He is applying for a Kiva loan that he will use partly to equip his shop and pay for routine maintenance and partly to buy bulk supplies of the materials he needs. The investment will allow him to buy meet orders for the furniture that he has jointly designed with his buyers, orders that pay more than he can usually expect to make from regular orders.
View original language description ↓
Deivis de 30 años de edad es el propietario de un taller de ebanistería donde fabrica muebles para el hogar. Él vive al sur de la ciudad con su cónyuge y sus hijos pequeños, a quienes sueña ver convertidos en profesionales de éxito. Deivis tiene muchos años de experiencia, pues desarrolla una actividad heredada desde su abuelo, que pasó a su padre y hoy cumple 50 años de tradición. En el año 2000, él mismo empezó a ofrecer cocinas, multmuebles, puertas, para el hogar y todo en madera y se empoderó en este negocio. Sus principales clientes son personas naturales y referidas por negocios y compradores que tradicionalmente compraban a su padre. En su proceso productivo realiza todas diariamente las operaciones productiva, que van desde la compra de la materia prima, diseño, corte, preparación, ensamble y acabado de piezas y con esta misma frecuencia también vende sus productos, en la modalidad de 50-50, es decir sus clientes le entrega el 50% antes de iniciar la obra y 50% al finalizarla. Su meta es mejorar las instalaciones, haciendo su proceso productivo más efectivo y generando un ambiente de mayor comodidad productiva, para si mismo y todos los que con él trabajan. Pero su mayor desafío ante el cumplimiento de esta meta, porque no cuenta con el capital de trabajo, que le permita hacer una inversión fija rápidamente y tener un efectivo disponible para comprar materias primas de oportunidad y en mayor volumen. Esta es la razón por la cual acude a un credikiva, con el cual logrará, con una parte de el dinero, la adecuación del local y el mantenimiento de los motores de su maquinaria de trabajo y del embobinado, mientras que con la otra parte comprará un volumen mayor de materias primas e insumos, con los que fabricará muebles de sala, para dormitorios, de comedor, los cuales ha diseñado conjuntamente con su clientela, quienes le han encargado estos productos y con ellos ganará un poco mas de dinero de lo usual, convirtiendo la inversión del credikiva en exitosa.

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
  • $13,969,325
    Funds lent in using Kiva
  • 1,790.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Deivis to support his furniture-making business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2012
Listed
Jul 19, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013