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Janny De Jesus
Janny is 24 years old and proprietor of a clothing-making business, a skill he learned from his father who has operated a tailor shop from his home for many years. Some 3 years ago, Janny became independent and acquired his own machines, with which he fulfills clothing contracts for various customers. He has made outstanding progress while working with considerable enterprise while receiving help from the Fundacion Mario Santo Domingo, where he received 4 loans for expanding his work infrastructure. He bought new machines and improved the quality of his products.

At present, Janny is applying for his 1st Kiva loan and will buy cloth, thread, zippers, and general supplies for making clothes. The end-of-the-year season is approaching when, usually, sales increase.

The greatest challenge in this type of business is the lack of necessary capital at the end of the year. For this reason, Janny hopes that with this injection of capital through a Kiva loan, he can once again expand his business and augment his income and, at last, improve his residence and raise his standard of living.
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Janny tiene 24 años y es propietariO de un negocio de confecciones, oficio que aprendió de su padre, quien tenía una sastrería en la casa desde hace muchos años. Hace 3 años, Janny se independizó y adquirió sus propias máquinas, con las que ha realizado contratos de ropa para varios clientes; él se ha destacado en su crecimiento porque trabaja con mucho empeño y se ha apoyado con financiamientos de la Fundación Mario Santo Domingo, donde ha recibido 4 créditos que han ampliado su infraestructura de trabajo, pues compró máquinas y mejoró la calidad de sus productos. Janny en la actualidad está aplicando a su primer crédito de Kiva para poder comprar telas, hilos, cierres e insumos en general para confeccionar ropa, pues se acerca la época de fin de año y usualmente las ventas se incrementan. . El desafío más grande de este tipo de negocio es la falta de capital en la temporada de fin de año, por eso Janny espera con esta inyección de capital por el crédito de Kiva, lograr una vez mas el crecimiento de su negocio y con ello el aumento de ingresos, para al final adecuar mejor su vivienda y mejorar su nivel de vida.

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
  • 571
    View loans »
    Colombia Loans Fundraising
  • $14,880,975
    Funds lent in using Kiva
  • 1,824.2
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $325 helped Janny De Jesus purchase cloth, thread, zippers, and general supplies for making clothing.
99% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Possible
Ended:
May 7, 2014