Check out other loans that are currently fundraising!
Zoraida
Zoraida is 60 years old, and has made a living sewing women's clothing since 1990. She spent time studying dressmaking, and eventually started up her own business, which has grown little by little over the years as she has expanded her customer base. In her business, Zoraida sews all kinds of garments, and also designs and prepares different components for use in final articles of clothing. When selling her merchandise, she accepts cash, and also allows clients to make scheduled payments on credit for their orders. She works ten hours per day at her sewing machine responding to client orders, and also purchases materials with cash at various wholesale stores for use in sewing her products. The majority of her clients live nearby, or are referred to her by mutual friends.

Zoraida is presently applying for her first loan with the Mario Santo Domingo Foundation, and plans to use the support from the loan to purchase raw materials for making her products, including: fabric, thread, lace, accessories, etc. She hopes this investment will help her to improve the quality of the articles she designs and makes, and will allow her to cater to the styles and preferences of her clients. Her goals for the future are to acquire a greater variety of sewing machines that would allow her to broaden the scope of her work, as well as to build a new workshop that would allow her to separate her work from her house and bring greater peace and tranquility to her home.
View original language description ↓
Zoraida de 60 años de edad, se dedica a la confección de ropa femenina desde el año 1990, cuando después de realizar estudios técnicos en modistería, inició su propio negocio, el cual ha crecido poco a poco entre su clientela femenina, que es la línea en la cual trabaja. Zoraida en su negocio realiza todas las operaciones de la confección, desde el diseño, corte preparación, ensamble y acabado de piezas. Sus ventas las realiza de contado y sobre medidas, respondiendo uno a uno a su clientela, por quien trabaja durante 10 horas diarias, en las que se encuentra literalmente ceñida a su máquina. Las compras de sus insumos las hace de contado en almacenes especializados de costuras, siendo sus principales clientes las personas que habitan su sector y sus referidos. 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, como telas, hilos, encajes y accesorios para dar a sus diseños el mejor acabado posible y ajustado a los gustos de sus clientes y a la moda. Su meta mas adelante es adecuar nuevas maquinarias y construir una segunda planta, donde separar su espacio productivo del familiar y así lograr que todos en casa obtengan mayor sosiego.

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
  • 163
    View loans »
    Colombia Loans Fundraising
  • $13,194,000
    Funds lent in using Kiva
  • 1,815.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Zoraida to purchase raw materials, such as thread, fabrics, lace and accessories for sewing her products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Sep 10, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2013