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Silvia
Silvia lives with her spouse and is the mother of 3 grown children. When she used to work for a person when they made sewed products, she learned everything that she needs to know now. That is why she works doing this now, generating her own income so her family can be better off. She started her business more than 7 years ago and so far, it has grown, but not as much as she aspires to. In her productive process, she cuts and sews, fills and reinforces, because her main products are mattress covers, pillows, sheets and curtains. She starts her activity at six in the morning and works until 8 at night. She does her business in hotels, clinics, and residences. She buys her raw materials in stores in the center of town and pays upfront. Right now, she is applying for a Kiva loan, the first loan she has taken out from the Fundación Mario Santo Domingo. With it, she will buy fabrics, runners, thread, fibers, foam, waterproof fabric and leathers. Her lingerie products are also useful in the market and fulfill her buyers; expectations of quality. That is why her main goals are oriented towards making her business grow, because a lot of customers ask her for items. However, her working capital is not enough to respond to her purposes of growth. Her goal for the future is it add better infrastructure with her machines. In the future, she wants to buy a house and have a vehicle to get around in and contact many more customers who will contribute to an increase in sales so she can make more day to day with a much better position in the changing market.
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Silvia vive con su cónyuge y es madre de 3 hijos mayores de edad. Ella cuando trabajaba en una empresa donde fabricaban productos de confecciones, aprendió todo lo que hoy sabe hacer, y por eso se dedicó a ello, generando sus propios ingresos para que su hogar gozara de más bienestar. Su negocio desde hace 7 años inició y hasta ahora ha mostrado crecimiento, pero no suficiente como el que ella aspira; en su proceso productivo, trabaja las operaciones de corte confección, relleno y armado, porque sus principales líneas de productos son los forros de colchones, almohadas, sabanas y cortinas. Su actividad la inicia desde las 6 de la mañana hasta las 8 de la noche y sus transacciones comerciales las realiza con los hoteles, clínicas, residencias; ella compra sus materias primas e insumos en almacenes del centro de la ciudad, en la modalidad de contado. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará telas, correderas, hilos, fibras, espumas, impermeables y cueros. Sus productos de lencería además de ser útiles en el mercado, llenan las expectativas de calidad que esperan sus compradores, por eso sus metas principales están encaminadas a hacer crecer su negocio, porque son muchos los clientes que le solicitan artículos, pero su capital de trabajo es insuficiente para responder a su propósito de ampliación. Su meta mas adelante está encaminada a adicionar mayor infraestructura de maquinarias porque al futuro, quiere comprar una casa y tener un vehículo para transportarse, mientras esto ocurre, Silvia se esmera en contactar muchos mas clientes que contribuyan al incremento de sus ventas, para día a día ganar mucho mas posición en el mercado cambiante.

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
  • 504
    View loans »
    Colombia Loans Fundraising
  • $15,250,425
    Funds lent in using Kiva
  • 1,778.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Silvia to buy fabrics, runners, threads, fibers, foams, waterproof fabrics and leather.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 6, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2013