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Nellys
Nellys, 38, is the mother of two children who are 17 and 8 years old. She dreams with seeing them become successful people in the future which is why she works hard every day. She has a small workshop where she manufactures purses and sandals artisanally, an activity she learned and that has served as her source of income because as a female head of household she is responsible for her children’s wellbeing. Her goal is to have a great firm and is gradually preparing for it because her great dream is one of prosperity.

She manufactures her products out of faux leather and Naugahyde, among others. Her customers are in Barranquilla and Cartagena and place regular orders that she sometimes is unable to fill because her challenge is lack of working capital that keeps her from being able to meet demand.

She has five years’ experience when she took on the responsibility for her home by herself. She currently sells via her own catalogue which is how orders are placed; she sells on credit.

Today, she’s approached Fundación Mario Santo Domingo to request a Kiva loan to buy raw materials and supplies to manufacture new designs of sandals and purses that suppliers in the city of Barranquilla have ordered from her as well as from some of her neighbors who are her main promoters.
View original language description ↓
Nellys de 38 años de edad es madre de 2 niños en las edades de 17 y 8 años, con quienes sueña ver convertidos en personas exitosas en un futuro, por eso trabaja diariamente con mucho esmero con el fin de lograrlo. Ella tiene un pequeño taller donde elabora bolsos y sandalias artesanales, actividad que aprendió y que le ha servido como generadora de ingresos, pues como mujer cabeza de familia es responsable del bienestar de sus hijos. Su meta es tener una gran empresa y poco a poco se preparará para ello, porque es su gran sueño de prosperidad. Sus productos son elaborados en cuero tex, cuerina, entre otros materiales; sus clientes están ubicados en las ciudades de Barranquilla y de Cartagena y permanentemente hacen pedidos, que no toda las veces puede cumplir, pues su desafío es el capital de trabajo con el que cuenta, con el que no alcanza a responder a su demanda. Su experiencia data desde hace 5 años, cuando se preparó para dirigir ella sola su hogar; en la actualidad vende mediante un catalogo propio, a partir del cual le encargan y ella los vende a crédito. Hoy se ha acercado a la Fundación Mario Santo Domingo, para solicitar un credikiva, con el comprará materias primas e insumos, para fabricar nuevos diseños de sandalias y bolsos, que tiene encargados por distribuidores en la ciudad de Barranquilla y por parte de su vecinos que son la voz de su promoción.

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
  • 365
    View loans »
    Colombia Loans Fundraising
  • $14,072,600
    Funds lent in using Kiva
  • 1,817.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Nellys to buy raw materials to manufacture new designs of sandals and purses.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2012
Listed
Aug 31, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013