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Estela
Estela has a lot of experience and has worked as a seamstress since 1990. She turned that experience into a business in 2000, turning her dreams into a basis for her independence today. Estela lives in an urban area that combines family homes and both formal and informal work spaces perfectly. The financial sector and recreational infrastructure are both important to the community because they are spaces where children and teenagers spend their leisure time on sports and play around one of the biggest sports stadiums in the country, the Estadio Metropolitano - the national cradle of soccer. This is the environment where Estela and her husband dream of seeing their 15-year-old son grow up to be a successful professional and where she has her sewing workshop for making the clothing which supports the family's well-being. Estela makes dresses that she sells in the local stores, jeans, and also uniforms for various businesses. Although the competition in her area is steep, she maintains herself with the quality of her product and with her customer service which pleases her customers. Her goal is to have a bigger space for her workshop but her biggest challenge is to manage to have enough working capital to increase her investment, increase her clientele, and earn more money. This is why she turned to a Kiva loan, her first loan with the Mario Santo Domingo foundation, which she will use to buy basic materials at wholesale and cash prices. Due to the sales increases in the second half of the year, she needs to be prepared to make good sales based on having products at a good price and with the designs her customers want during this season.
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Estela tiene una gran experiencia como confeccionista que data desde el año 1990, la cual en el año 2000, tradujo en una actividad generadora de ingresos, con la que había soñado y en la que hoy ha logrado fortalecer su autonomía. Estela habita en una urbanización caracterizada por combinar perfectamente viviendas familiares, con espacios productivos formales e informales, con el sector financiero e infraestructuras recreativas muy importantes para su comunidad, porque son espacios infantiles y juveniles donde concurren en su tiempo ocioso para practicar actividades lúdicas y deportivas, a rededor de uno de los escenarios deportivos mas importantes del país como el Estadio Metropolitano, cuna de artífices del balompié nacional. Este es el ambiente en el cual Estela y su esposo sueñan con ver crecer a su hijo de 15 años, como un profesional exitoso y donde ella tiene un taller de confecciones de ropa con el cual apoya el bienestar de esta familia. Estela fabrica vestidos femeninos, que vende en los almacenes que están ubicados a su alrededor, ropa de jeanes y también fabrica los uniformes de varias empresas; aunque la competencia en su entorno es alta, ella se sostiene con la calidad de su producto y con la capacidad de servir, que pone a disposición de sus clientes. Su meta es tener un mayor espacio para su taller, pero su mayor desafío es lograr tener un capital de trabajo suficiente, para aumentar su inversión, incrementar su clientela y ganar cada vez más dinero. Esta es justamente la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará materias primas al por mayor y de contado, debido a que las ventas se incrementan en el segundo semestre del año y ella necesita estar preparada para hacer una buena venta basada en productos a un buen precio y con el diseño requerido por la clientela en esta temporada del año.

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
  • 492
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,786.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Estela to buy basic materials at wholesale and cash prices.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2012
Listed
Aug 14, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2013