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Nerys
Nerys, 51, has made her living for 10 years in the family tradition of tailoring polo shirts, school uniforms, and general clothing items. She sells directly to her customers daily on both cash and credit arrangements. Her working hours are from 8 in the morning until 6 in the afternoon. Her main clients are schools and businesses with whom she has conducted business and they like the way she works. She purchases raw materials and supplies in cash. And in some specialty clothing stores, which are her principal suppliers, they know her and make her offers to buy in greater volume and in cash which she frequently makes takes advantage of.

Step by step her business has grown and she has many referrals from education institutions. She makes physical education shirts and end of the year student shirts for these customers. At the same time that her business is progressing, challenges are also presented such as having to buy in bulk and in cash, but also having to wait for her customers to pay in order to take on new clients.

This is the reason she has approached crediKiva. This is the second loan that Fundación Mario Santo Domingo has given her. With this loan she will buy materials in greater volume in order to make the most of discounts and come through for her clients. With her previous loan, Nerys bought equipment and supplies and accessories with which she has improved the quality of her process by making her products more effectively. Her dream is focused on growing her small business.
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Nerys de 51 años de edad se dedica desde hace 10 años y por tradición familiar, al negocio de confecciones de camisetas tipo polo, uniformes escolares y en genera ropa industrial. Ella vende directamente al consumidor final, en las modalidades de contado y a crédito y con una frecuencia diaria. Su horario de trabajo inicia desde las 8 de la mañana hasta las 6 de la tarde y sus principales clientes son colegios y empresas, con las cuales ha realizado negociaciones y les ha gustado la forma de trabajar de Nerys. Sus compras de materias primas e insumos, las realizan de contado y en diversos almacenes especializados de confecciones, que en la actualidad son sus principales proveedores, la conocen y le hacen ofertas importantes, siempre que compre en mayor volumen y de contado, lo cual es frecuente que ella lo aproveche. Paso a paso su negocio ha ido creciendo y tiene muchos referidos entre instituciones educativas, a quienes les confecciona las camisetas de educación física y las de despedida de fin de año estudiantil. En la medida en que progresa también se presentan muchos desafíos, como el que últimamente tiene, que es el de hacer compras en un gran volumen y de contado, porque debe esperar que sus clientes le paguen para poder cumplirle a nuevos compradores y esta es justamente la razón por la cual acude a un credikiva, segundo financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará materias primas en mayor volumen, para ganar descuentos y responde a su clientela. Con su crédito anterior Nerys compró maquinarias e insumos y accesorios con los que ha mejorado la calidad de sus proceso, haciéndolos cada vez mas efectivos y su sueño se centra en hacer crecer su microempresa.

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
  • 265
    View loans »
    Colombia Loans Fundraising
  • $13,496,050
    Funds lent in using Kiva
  • 1,788.0
    Colombia Pesos (COP) = $1 USD
Expired
A loan of $1,125 helped Nerys to buy materials in bulk.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2012
Listed
Jul 28, 2012
Currency Exchange Loss:
Possible
Expired:
Aug 27, 2012