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Rocio
Rocío used her previous loan from Fundación Mario Santo Domingo to buy buttons, zippers, lace, and other supplies. With these she made nice products which she sold and earned a little more. She is very grateful to the organization and says, “The loan came at the right time and was really useful. With it I was able to organize my business better. Thank you so much for this opportunity.”

Rocío has a dressmaking workshop where she makes clothes, mostly for women and children. She sells the clothes at her own stall to customers who pass by there, and she also makes clothes to measure. She receives cash and also lets her customers pay in installments.

She is currently requesting a loan from Kiva, which will be her second loan from Fundación Mario Santo Domingo, with which she will buy fabric at wholesale, a serging machine, and buttons. These items will help her to reduce her production time, improve the quality of her goods, and be able to take special orders so that families can celebrate the upcoming holiday season dressed elegantly. Her success is down to her quick turnaround of orders, the quality of her work, her excellent sales location, and her constant hard work and enthusiasm.
View original language description ↓
Rocio con su previo crédito a la Fundación Mario Santo Domingo, compró botones, correderas, encajes e insumos en general, con los que fabricó lindos productos que vendió y por eso ganó un poco más. Ella envía muchos agradecimientos a esta organización y dice “Fue un crédito oportuno y de gran utilidad, por eso pude organizar mi negocio mejor, muchísimas gracias por esta oportunidad. “ Su negocio consiste en un taller de confecciones donde fabrica artículos para damas e infantil especialmente, los cuales vende en su propio punto comercial y a clientes que acceden a su producto el cual ella elabora bajo medidas individuales y ofrece a crédito y de contado. En la actualidad está aplicando a un credikiva, segundo financiamiento que hace ala Fundación Mario Santo Domingo, con el cual comprará telas al por mayor,una máquina filetadora y botones, que le permitirán, mejorar los tiempos productivos y la calidad, además de cumplir nuevamente con pedidos especiales, para que las familias celebren elegantemente vestidas, las fiestas navideñas y el año nuevo que ya se acerca. Su éxito radica en su respuesta oportuna a los pedidos, la calidad con la que trabaja y el excelente punto de ubicación comercial en el que se encuentra y las ganas de salir adelante que nunca le faltan.

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
  • 247
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,824.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Rocio to buy wholesale fabric, a serging machine, and buttons to make clothes to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2012
Listed
Nov 21, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2013