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Laddys
The main source of income in the region of San Jacinto in Bolívar Department is crafts, a traditional culture that’s passed down from generation to generation. Laddys is from this region and she’s not the exception to this for she sells backpacks and hammocks that she complements with other items that are usually used by local residents but even more so by tourists and merchants from other departments in the country.

In addition to selling these products, Laddys also helps to generate family income by making pastries that she also earns family income from. Her business started 12 years ago and is still going strong because her drive to produce has as its goal her home’s prosperity. She sells both for cash and on credit every day and her goal is to expand her range of customers but her greatest challenge is insufficient working capital to do so.

This is whys she’s calling on a Kiva loan, her first financing with Fundación Mario Santo Domingo to buy lingerie, comforters, hammocks and backpacks to have a good assortment on hand for the approaching end-of-year festivities and to earn a bit more profit which is very pleasing for her.
e año que se aproximan y ganar un poco mas le resulta muy satisfactorio.
View original language description ↓
La artesania es en el municipio de San Jacinto, departamento de Bolivar, el principale generador de ingresos de esta región, aportado por la tradicion cultural, trasmitida de generación en generacion. Laddys oriunda de esta región, no es la excepción y ella vende las mochilas, hamacas que complementa con otros articulos, usualmente consumidos por los habitantes de la misma región, pero mas aun, por turistas y comerciantes en otros departamentos del país. Laddys además de generar ingresos para apoyar el sustento de su familia con estos productos, practica la repostería, con la cual tambien gana dinero y apoya los gastos familiares.Su negocio nació hace 12 años y aun no se detiene, porque su afan de producir tiene un gran propósito de prosperidad para su hogar. Sus ventas las realiza a credito y de contado, durante todos los dias y su meta es ampliar la cobertura de su clientela, pero su mayor desafio es no tener el suficiente capital de trabajo para lograrlo. Esta es la razón por la cual acude a un credikiva, primer finacimeinto que hace a la Fundación Mario Santo Domingo, con el cual comprará lencería, mercancias edredones, hamacas y mochilas, para tener un buen surtido a propósito de las fiestas de fin de año que se aproximan y ganar un poco mas le resulta muy satisfactorio.

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
  • 249
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,832.5
    Colombia Pesos (COP) = $1 USD
Expired
A loan of $1,150 helped Laddys to buy hammocks, tote bags, comforters and lingerie.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2012
Listed
Oct 30, 2012
Currency Exchange Loss:
Possible
Expired:
Nov 29, 2012