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Rosa Dolores
Rosa, 57 years old, makes clothing, especially uniforms. In her 37 years of experience she has known how to sustain her business and created a way to earn income with which she started her own family and could support the household expenses.

The idea to start her own business was born after she learned the trade, taking courses where she learned tailoring and dressmaking, starting first making children’s clothing, and later for teenagers and clothing in general plus mending.

Today her main product is school uniforms that she sells directly, through contracts with educational institutions. Her marketing arrangement with educational institutions, who are her main customers, is that they advance 50% of the cost of the number of products to be made, and the other 50% when she delivers the entire order.

Rosa also has individual customers to whom she offers credit and her business is done from Monday through Sunday. At the moment Rosa has received 9 loans through the Fundación Mario Santo Domingo, through which she has bought machines, staples and supplies, with which she has improved her turnaround and increased her working capital.

Her goal is to expand her workshop, creating more jobs for employees, and lastly to remodel her home and to succeed through her persistent work, effort, and dedication to all her dreams.

Currently she is applying for a Kiva loan, in order to buy fabric to make school uniforms for the orders she has which require finishing the other 50% in order to complete the contract in a timely manner.
View original language description ↓
Rosa de 57 años de edad se dedica a la elaboración de prendas de vestir, especialmente de uniformes. En sus 37 años de experiencia ha sabido sostener su negocio y con creó la forma de generar ingresos, con los que desde que formó su propia familia pudo apoyar en los gastos de su hogar. Su idea de negocio nació después de haber aprendido el oficio, realizando cursos donde aprendió las tareas de corte y confección, iniciando primero, con la fabricación de vestidos infantiles, posterior de quinceañeros y de ropa en general además de arreglos. Hoy su principal producto es el uniforme escolar, que comercializa directamente, mediante convenios con instituciones educativas. En su esquema de mercadeo sus instituciones educativas, que son sus principales clientes le adelantan el 50% del costo del número de productos a elaborar, y el otro 50% una vez entregue la totalidad del contrato. Rosa también tiene clientes individuales a los que les vende a crédito y sus operaciones las desempeña de lunes a domingos. En la actualidad Rosa ha recibido 9 financiamientos de la Fundación Mario Santo Domingo, mediante el cual ha comprado maquinarias, materias primas e insumos, con los cuales ha mejorado sus tiempos productivos, e incrementado su capital de trabajo. Su meta es ampliar su taller, generando más empleos a operarias, para finalmente remodelar su vivienda y lograr con su trabajo persistente, esfuerzo y dedicación todos sus sueños. En la actualidad está aplicando a un credikiva, mediante el cual comprará telas para confeccionar uniformes escolares que tiene encargados y para lo que requiere complementar el otro 50% para dar cumplimento a su contrato de manera oportuna.

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
  • 181
    View loans »
    Colombia Loans Fundraising
  • $12,857,625
    Funds lent in using Kiva
  • 1,783.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Rosa Dolores to buy fabric in larger quantity.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2013
Listed
Feb 15, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 19, 2013