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Silena
Silena is 29 years old and has a tailoring workshop in the neighborhood where she was born. Little by little, she has increased her clients since she learned tailoring in her mother's office fifteen years ago, moving between clothes and machines in the shop in her mother's house. Her main products are blouses, skirts, feminine dresses, and recently bathing suits, focusing a bit on point textiles. She has gone through the domestic market and is in one made by independent sellers which sell her products and also gain money. Now she is applying for a kiva loan, her first financing from the Fundación Mario Santo Domingo, through which she will buy cloth and tailoring supplies in high volume to gain discounts and augment her production, sustaining herself in the market with good prices. Her goal is to expand her operation structure and she is working on increasing her market to advance toward this goal and finally have her own home, which is her biggest dream.
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Silena de 29 años de edad tiene un taller de confecciones en el barrio que la vio nacer y donde ha logrado hacer poco a poco su clientela, desde que aprendiera con su madre el oficio de la confección hace aproximadamente 15 años, moviéndose entre telas y maquinarias en la modistería ubicada en casa de su madre. Sus principales productos son las blusas, faldas y vestidos femeninos y últimamente vestidos de baño, enfocándose un poco hacia los textiles de punto. Ella ha ido pasando de un mercado doméstico a uno conformado por comerciantes independientes, que venden sus productos y también ganan dinero. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará telas e insumos de confecciones en un mayor volumen, para ganar descuentos y lograr un aumento de su producción, sosteniéndose en el mercado con buenos precios. Su meta es ampliar su estructura contratar operarias y está trabajando en el incremento de su mercado, para avanzar hacia ese propósito y finalmente tener su propia vivienda que es su sueño principal.

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
  • 269
    View loans »
    Colombia Loans Fundraising
  • $13,343,550
    Funds lent in using Kiva
  • 1,809.3
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,775 helped Silena to buy clothes and tailoring supplies in high volume.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Mar 19, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2014