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Emilia
Emilia, 51, owns a dressmaking workshop where she generates income for her household. She has a 17 year-old son who is the motivation for her life, and she dreams of seeing him become a successful professional. It is for him that she puts forth her maximum efforts. Emilia produces garments for women. In her business she has a number of industrial sewing machines and she usually has 1 or 2 employees. She also has a small store where she displays the clothing that she makes. She makes her garments tailored to order, and also by sizes, with exceptional quality. She learned this trade 30 years ago following in the footsteps of her mother, who used to practice this art.

In her store, Emilia wants to offer more comfort to her customers, and this is the reason why she is requesting a Kiva loan. She will use the loan to buy an air conditioner, and she will also stock up on fabrics that are in style, making new designs that will sell well to young people, which is her goal with this investment. For the future, her goal is to continue to expand her workshop and position her brand. Her main challenge is the competition from imported clothing which flows into the city. But she responds to this situation by offering personalized one-on-one attention to her customers. This takes more work, but this way she can expand her individual sales and maintain her customer base.
View original language description ↓
Emilia de 51 años de edad es la propietaria de un taller de confecciones con los que genera los ingresos de su hogar. Ella tiene un hijo de 17 años, con quien sueña ver convertido en un profesional exitoso y es el motor de su vida, pues a él tiene dirigido sus mayores esfuerzos. Emilia produce prendas de vestir femeninas, su negocio cuenta con varias maquinarias industriales y usualmente ocupa uno o dos operarias; adicionalmente cuenta con un pequeño almacén en el cual exhibe la ropa que produce. Sus tareas las realiza fabricando por tallas y sobre medidas, con una calidad excepcional, aprendida desde hace 30 años siguiendo los pasos a su madre, quien practicaba este arte. En su punto comercial, Emilia tiene planes de ofrecer un mayor confort a sus clientes y esta es la razón por la cual acude aun credikiva, con el cual comprará un aire acondicionado y también se provisionará de telas que están a la moda y fabricará nuevos diseños que muy seguramente venderá a la juventud, objeto de su directriz comercial con esta inversión. Su meta mas adelante es continuar ampliando su taller y posicionar su marca, su mayor desafío es la competencia de ropa importada que usualmente ingresa a la ciudad, pero responde a esta situación ofreciendo en el mercado su atención uno a uno, que implica mas trabajo, pero con ella masifica su venta individual y sostiene su clientela.

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
  • 487
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,790.0
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,850 helped Emilia to buy an air conditioner and to stock up on fabrics that are in style.
99% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 31, 2012
Listed
Aug 22, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014