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Alix Maria
Alix is 37 years old. She makes a living through the production of women’s purses and linen items in general in a workshop situated in her own home. She lives there with her partner and their three children of 4 to 16 years of age. She has worked for five years at her business, which she began when, obeying her own inclination, she decided to learn the techniques used to create women’s purses, men’s bags, and articles of linen for the home. With this business, she will be able to pay the household expenses, especially considering her children’s education, to which she plans to add increasing quality.

Her main customers are the community of the church which she attends, neighbors, friends, and referred customers to whom she sells for cash and credit. She purchases her raw materials and supplies weekly and just as often makes her sales. Her future goal is to have a greater infrastructure of machinery and to increase her market of institutional customers.

Currently, she is applying for a Kiva loan, the first financing made through Fundación Mario Santo Domingo. With the loan, she will buy accessories and such for leather, as well as cloth, with which she will produce kitchen articles, purses, and bags in the frame of the requests that her customers have made and thus assure the success of this investment through Kiva.
View original language description ↓
Alix de 37 años, se dedica a la fabricación de bolsos femeninos y artículos de lencería en general, en un taller ubicado en su propia casa, donde habita con su cónyuge y sus tres hijos en las edades de 4 a 16 años. Su negocio tiene 5 años de experiencia en su negocio que inició cuando obedeciendo a su inclinación propia, decidió aprender las técnicas para confeccionar bolsos para mujer, manos libres masculinos y artículos de lencería para el hogar, logrando con ello apoyar los ingresos de su hogar, especialmente pensando en la educación de sus hijos, la que planea agregar calidad, cada vez más. Sus principales clientes son la comunidad de la iglesia en la que asiste, vecinos amigos y referidos a quienes vende de contado y a crédito; ella hace las compras de sus materias primas e insumos semanalmente y así mismo es la frecuencia de sus ventas. Su meta mas adelante es contar con una mayor infraestructura de maquinarias y ampliar su mercado de clientes institucionales. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará accesorios y similares al cuero, además de telas, con los cuales fabricará artículos de cocina, bolsos y manos libres en el marco de los pedidos que han hecho sus clientes y que aseguran el éxito de esta inversión mediante Kiva.

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
  • 489
    View loans »
    Colombia Loans Fundraising
  • $15,258,975
    Funds lent in using Kiva
  • 1,759.2
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $700 helped Alix Maria to buy accessories and such for leather, as well as cloth.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2012
Listed
Jan 15, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013