Check out other loans that are currently fundraising!
Hilda Susana
Hilda, age 30, lives in the city of Cartagena with her husband and three children, who are between three and eight years old. She got her business experience eight years ago by selling various merchandise by order to friends and referred customers.

With her business activity she managed to get savings, and she took a sewing course. She later entered the world of fashion by organizing her workshop in the place where she lives. She offers individual sewing services according to the style, fashion, and size that her customers select. Among her main customers are her colleagues at the church she attends, neighbors, and referrals.

She also sells merchandise, especially cosmetics, which is the line that turns over the most in her business. She makes her sales on credit, and many times for cash. She collects her money weekly, biweekly, or monthly, according to the agreement with her customer.

She buys at warehouses specializing in fabrics and sewing supplies and from make-up providers from whom she gets competitive prices for being a good customer and for her cash purchases. To the extent that her business is growing she does not have enough working capital to respond to her customers in a timely fashion because she works very hard and has a lot of cosmetic orders.

Her goal is to extend herself in the market and to increase her working capital. To do this she turns to a Kiva loan, her first loan with the Fundación Mario Santo Domingo. She will use the loan to buy cosmetics, fabric, and supplies to make children’s clothes. She will also buy cosmetics in order to respond to new customers.

Hilda puts great effort into her work every day. She does this to make her business grow and to achieve her biggest dream, which is to have her own house.
View original language description ↓
Hilda de 30 años, vive en la ciudad de Cartagena con su esposo y sus tres hijos en las edades de 3 a 8 años. Su experiencia de negocio la adquirió hace 8 años, vendiendo mercancía variada por encargo, entre vecinos y referidos; con su actividad logró ahorros e hizo un curso de confecciones y posteriormente incursionó en el mundo de la moda, organizando su taller en el lugar donde vive. Ella ofrece el servicio de confeccionar uno a uno de acuerdo con el estilo y la moda que sus clientes decidan y a la medida de cada cual. Entre sus clientes principales están compañeras de la iglesia, en la cual participa, vecinos y referidos por estas. También vende mercancía especialmente cosméticos, que es la línea que mas rota en su negocio. Sus ventas las realiza a crédito y muchas veces de contado y recupera su dinero semanal, quincenal, mensual, de acuerdo con lo pactado con su cliente. Compra en almacenes especializados de telas e insumos de confecciones y proveedores de cosméticos; con ellos adquiere precios competitivos, por ser una buena cliente y por sus compras de contado. En la medida en que su negocio crece su capital de trabajo no es suficiente para responder con oportunidad a su clientela, porque trabaja a todo costo y tienen muchos encargos de cosméticos. Su meta es extenderse en el mercado y aumentar su capital de trabajo, por eso ha recurrido a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará cosméticos, telas e insumos para elaborar ropa infantil y cosméticos para responder a nuevos clientes. Hilda dia a dia se esmera en su trabajo, con el fin de hacer crecer su negocio y lograr su máximo sueño que es el de tener su casa propia.

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
  • 563
    View loans »
    Colombia Loans Fundraising
  • $14,893,100
    Funds lent in using Kiva
  • 1,776.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Hilda Susana to buy cosmetics, fabric, and supplies to make children’s clothes. She will also buy cosmetics in order to respond to new customers.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2012
Listed
Jul 25, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013