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Emilce
Emilce, 41, is married and has two children who are 10 and 15 years old who she dreams becoming successful professionals; they are her greatest dream and for whom she works hard to provide with wellbeing.

Emilce has a small sewing workshop where she manufactures women’s clothes like skirts, dresses, blouses and pants. She designs, cuts, prepares, assembles and finishes the pieces. She started out 12 years ago working as an employee and then took three courses to perfect her dressmaking techniques and decided to start her own business. She bought her first machine and worked to order gradually moving into working in the ‘all included’ modality. Her goal for later on is to export her products to other countries in Latin America and to continue providing her children with professional studies.

Her greatest challenge is having cash flow that will allow her to make cash purchases thus obtaining special prices. She sells in two ways: on credit when she provides the all-included and for cash when she does the sewing only. This way of operating has allowed her to meet her customers’ needs.

She is currently applying for a Kiva loan, first financing from Fundación Mario Santo Domingo, to buy raw materials and supplies because she will make women’s clothes ordered by her growing clientele that she wants to continue to retain.
View original language description ↓
Emilce de 41 años de edad es una mujer casada que tiene 2 hijos en las edades de 10 y 15 años, con los que sueña ver convertidos en profesionales de éxito y son ellos su mayor sueño por el cual trabaja esforzadamente, con tal de aportarles a su bienestar. Emilce tiene un pequeño taller donde confecciona ropa femenina, como faldas, vestidos, blusas y pantalones, mediante las operaciones de diseño, corte, preparación, ensamble y acabado de piezas, desde hace 12 años, cuando trabajó como operaria, para solo después de realizar 3 cursos de perfeccionamiento de la técnica confeccionista, decidió emprender su propio negocio, comprando su primera máquina, trabajando sobre medidas y gradualmente incursionado con la modalidad de “a todo costo”. Su meta mas adelante es exportar sus productos en países latinos y continuar dándoles estudios profesionales a sus hijos. Su mayor desafío es tener un flujo de efectivo, que le permita hacer compras de contado y obtener precios de oportunidad, mientras realiza las ventas de dos maneras, a crédito cuando las hace a todo costo y de contado cuando ofrece el servicio, con este esquema ha logrado responder a las necesidades de sus clientes. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará materias primas e insumos, pues desarrollará ropa femenina que ha encargado su creciente clientela y a ella quiere continuar fidelizándola.

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
  • 213
    View loans »
    Colombia Loans Fundraising
  • $12,876,400
    Funds lent in using Kiva
  • 1,790.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Emilce to buy sewing supplies and raw materials.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Aug 22, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 25, 2014