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Isaura
Isaura is 29 years old and lives in La Nieves neighborhood, in the city of Barranquilla. She lives together with her husband and her two daughters who are 3 and 8 years old. The idea for Isaura's business came about when a neighbor asked for her help in making dolls, sheets and curtains. That is when she first learned the craft and started being paid for her work. She later set up her own business without any technical training but simply making the most of her ability to look and re-create what she saw.

Isaura's business goals are to acquire her own premises, create jobs for other people and train continuously until she manages to perfect her skills. Her goals for her family are to offer her children a higher education and to provide her husband with even more help in covering their household expenses. In her business, Isaura makes dolls, linens, sheets and curtains. She sells these goods for cash from 8.00am until 5.00pm. She pays for her purchases in cash and prefers to buy in bulk so that she can obtain special discounts which she can then apply to the price of her finished products.

Isaura is requesting a Kiva loan (her first loan through Fundación Mario Santo Domingo) to buy a sewing machine which will improve her production time and the quality of the finishing on her products. She will also invest in raw materials and supplies which she will use to bring to life her Christmas designs as families like to decorate their homes with decorations representing the most beautiful time of the year: Christmas.
View original language description ↓
Isaura tiene 29 años de edad, vive en el barrio La nieves de la ciudad de Barranquilla, con su cónyuge y sus dos hijas en las edades de 3 y 8 años. Su idea de negocio nació cuando su vecina le pidió que la ayudara en la fabricación de muñecos, sabanas y cortina y allí aprendió y empezó a ser compensada; así inició posteriormente su propio negocio sin preparación técnica, solo aprovechando su capacidad de ver y llevar a la práctica lo que observaba. Su meta de negocio es más adelante adquirir un local propio, generar fuentes de empleos y el aprendizaje continuo hasta llegar al perfeccionamiento del oficio. Su meta familiar es ofrecerle a sus hijos una educación avanzada y ayudar a su esposo cada vez más en dar respuesta a los gastos del hogar. En su negocio los productos que ofrece son muñequería, artículos de lencería, sabanas, cortinas, que vende de contado desde las 8 de la mañana hasta las 5 de la tarde, compra de contado y prefiere hacerlo en mayor volumen, para obtener descuentos especiales y trasladarlos a los precios de sus productos. Esta es la razón por la cual en la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará una máquina plana que mejorará sus tiempos productivos, el acabado de sus productos y también invertirá en materias primas e insumos con los que elaborará diseños alusivos a la navidad, pues las familias desean ver los interiores de su hogar con motivos de la época más linda del año: “LA Navidad”

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
  • 295
    View loans »
    Colombia Loans Fundraising
  • $13,971,825
    Funds lent in using Kiva
  • 1,797.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Isaura to buy a sewing machine and raw materials such as fabric, cotton and threads.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2012
Listed
Dec 18, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013