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Sara Isabel
Sara, 52, is a woman who was widowed and had to take hold of the reins of her home composed of four children whose ages today range from 13 to 30 years and who she dreams with seeing become very successful people.

With her sewing abilities she developed her creativity having learned technically and opened her own business to generate sufficient income to support her home. She works to order for each customer and for all budgets. Her customers pay for services in cash and she works continuously all day and part of the evening Monday through Sunday. Her main buyers are her neighbors in the sector where her shop is located and also some people referred to her by them who live in other neighborhoods.

Her greatest challenge at present is having enough working capital to be able to buy fabric, thread and supplies to manufacture school uniforms that she’s contracted to do with schools and especially with the students. This is why she’s accessing a Kiva loan from Fundación Mario Santo Domingo, her first financing to increase working capital and be able to respond to customer demand in a timely fashion so that they will become regular customers and she can stay in business and start each time to earn higher income that will benefit her family’s wellbeing still more.
View original language description ↓
Sara de 52 años de edad, es una mujer que enviudó y debió asumir las riendas de su hogar conformado por 4 hijos, hoy en las edades de 13 a 30 años y con quienes sueña verlos convertidos en personas de mucho éxito. Ella con su aptitud hacia las confecciones, desarrolló su creatividad aprendiéndola técnicamente y emprendiendo su propio negocio con el cual generar ingresos suficientes para el buen desempeño de su hogar. En su negocio trabaja sobre medidas a cada cliente y también a todo costo. Sus clientes le pagan el servicio de contado y ella trabaja continuamente durante todo el día y parte de la noche de lunes a domingo. Sus principales compradores son sus vecinos en el sector donde tiene su taller y algunas personas que han sido referidas por estos y habitan en otros barrios. En la actualidad su mayor desafío es tener el capital de trabajo suficiente para comprar telas, hilos, e insumos y poder fabricar uniformes escolares, que ha convenido con instituciones y especialmente con estudiantes. Esta es la razón por la cual ha accedido a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo; con este crédito aspira a incrementar su capital de trabajo y responder oportunamente a su clientela que poco a poco está fidelizando, para sostenerse en el mercado y empezar a tener cada vez mayores ingresos que beneficien aun mas el bienestar de su familia. .

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
  • 465
    View loans »
    Colombia Loans Fundraising
  • $15,270,025
    Funds lent in using Kiva
  • 1,790.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Sara Isabel to buy sewing supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2012
Listed
Aug 21, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013