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Sandra Marcela

Update on Sandra Marcela

Sandra is 24 years old and she lives in the town of Barranquilla. She engages in designing and creating bathing suits and accessories. She has been running this activity for 2 years, and she started it after having studied Fashion Design at a professional level at the University. Her activity is her life project, and she is very happy with her job. She sells her bathing suits in the fairs, through social networks and to her friends. Sandra has requested a loan to Fundación Mario Santo Domingo in the past, and this has helped her increase her working capital and her production. She is now requesting her second loan to Kiva in order to keep on carrying out her activity by buying more products for her new bathing suits designs. Sandra dreams big, as she dreams of owning a national renowned brand. She is currently single but she would like to have a family and a house of her own, and for this reason she keeps on working and dreaming of her success.
View original language description ↓
Sandra tiene 24 años y vive en la ciudad de Barranquilla, trabajando en el diseño y confección de vestidos de baño y accesorios. Ella tiene 2 años de experiencia en este negocio, que inició después de estudiar el Diseño de Moda a nivel profesional en la Universidad. Su negocio ha sido su proyecto de vida y está muy feliz en su trabajo. Ella vende sus vestidos de baño en ferias, por redes sociales, y amigos. Sandra en el pasado ya había tomado un préstamo de la Fundación Mario Santo Domingo, lo cual la ayudo a obtener más capital y aumentar su producción, y ahora quiere su segundo crédito de Kiva para seguir adelante así, comprando más insumos como telas, hilos, accesorios, para nuevos diseños de vestidos de baño, porque Sandra tiene grandes sueños, como el de tener una marca conocida a nivel nacional. Ahora esta soltera, pero le gustaría tener una familia y una casa propia, y por eso sigue trabajando y soñando con su prosperidad.

Previous Loan Details

Sandra, age 23, is an extremely creative and dedicated young woman who sells lingerie and produces handcrafted items. She has a workshop where she makes wallets and handbags for women. Sandra decorates her creations by hand with ornamental hair pins, bracelet beads, and other beautiful items. ... More from Sandra Marcela's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Colombia

  • $6,070
    Average annual income
  • 362
    View loans »
    Colombia Loans Fundraising
  • $14,083,800
    Funds lent in using Kiva
  • 1,801.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $850 helped Sandra Marcela to purchase cloth, thread, and accessories for new bathing suit designs.
99% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2012
Listed
Oct 16, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2014