Check out other loans that are currently fundraising!
Nury Octavia
Nury is 62 years old, married, and has two grown-up children. She has a ceramics and fabric handicrafts workshop. She learned this trade in 1993, helping her friend who had a business, and gained a lot of experience in how to produce ceramics and fabric goods, especially rag dolls. This led her to set out on her own adventure in handicrafts.

She works ten hours every day from Mondays to Sundays. She has regular customers, to whom she sells on credit and for cash. She also sells her items in stores in the city of Barranquilla. Her goal is to increase her output, exploring the potential market, and setting up a stand in a large ceramics store.

At the moment, she is requesting a loan from Kiva. This is her 15th loan with the Fundación Mario Santo Domingo, an organization which has allowed her to capitalize her profits and build new dreams, such as continuing to innovate to achieve the full loyalty of her customers. This is exactly what ensures that her loan with Kiva is likely to succeed. The loan will allow her to buy a kiln and raw materials to increase her output and the quality of her goods.
View original language description ↓
Nury es una mujer de 62 años de edad casada y que tiene 2 hijos adultos. Ella tiene un taller de cerámicas y artesanías en tela, actividad que aprendió cuando en el año 1993 ayudaba a su amiga, quien tenía un negocio y allí obtuvo gran experiencia en la producción de artículos de cerámicas y en tela especialmente de muñecas de trapo, lo que la llevó a emprender su propia aventura artesanal. Su ritmo de trabajo es de 10 horas diarias de lunes a domingos, posee una clientela fija a la que le vende a crédito y también de contado, mientras sus compras las realiza de contado en almacenes de la ciudad de Barranquilla. Su meta es lograr incrementos en la producción, incursionando en el mercado potencial, ubicándose en un local de un importante almacén de cerámicas. En la actualidad está aplicando a un credikiva, crédito número 15 que hace a la Fundación Mario Santo Domingo, organización con la cual ha logrado capitalizar sus utilidades y crear nuevos sueños, como el de continuar innovando para lograr la plena fidelización de su clientela y esto es justamente lo que hace que su credikiva tenga un gran potencial de éxito, porque con el logrará comprar un horno refractario y materia prima para aumentar su producción y la calidad de esta.

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
  • 265
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,816.7
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,675 helped Nury Octavia to buy a kiln and raw materials to increase her output.
98% repaid
Repayment Term
33 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2013
Listed
Mar 4, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014