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Sandra Patricia
Sandra is 35 years old and lives with her husband and three children in the municipality of Soledad. There they have their own business, through which she makes shoes and trains others in this art. Among her lines of products are purses, shoes, and leather goods in general. Her experience dates to 10 years ago, when various mothers who were heads of the home, with different business knowledge, united their knowledge and decided to put forth alternative products in order to generate income for the home. She does her work using leather as a base material, and she develops designs for shoes and purses through methods in manuals.

She makes her sales in diverse stores and has regular customers from diverse localities. She obtains from them 50% of the cost beforehand in order to start the process, and she receives the other 50% when she completes the product. Sandra makes her purchases in a shoe shop and she develops samples, which she exhibits directly to her customers or through catalogs. The goal of the business is to improve the distribution strategy, in order to gain new and worthwhile customers.

Currently, she is applying for a Kiva loan, the first financing that the Fundacion Mario Sato Domingo is making. She will use the loan to buy leather and supplies in bulk, which will allow Sandra to expand her catalog and sell much more, the reason for success for this new investment.
View original language description ↓
Sandra de 35 años de edad, habita con su cónyuge y sus tres hijos en el municipio de Soledad; allí tienen su propio negocio, mediante el cual fabrica calzado y capacita en este arte. Entre sus líneas de productos están los bolsos, el calzado y la marroquinería en general. Su experiencia data de hace 10 años, cuando varias madres cabezas de hogar, con diferentes saberes comerciales, unieron sus conocimientos y decidieron poner en marcha alternativas productivas para generar ingresos a su hogar. Su trabajo lo realiza utilizando como materia prima el cuero, en los que desarrolla sus diseños de calzado y bolsos, mediante procedimientos eminentemente manuales. Sus ventas las realiza a diversos almacenes y clientes fijos de localidades diversas, obteniendo de ellos anticipadamente el 50% para iniciar el proceso, mientras el otro 50%, lo recibe con la entrega del producto. Sandra permanentemente realiza sus compras en peletería y elabora nuevos muestrarios, que exhibe directamente a su cliente o mediante catálogos. La meta del negocio es ampliar su estrategia de distribución, para lograr nuevos y rentables clientes. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Sato Domingo, mediante el cual comprará cuero e insumos en un mayor volumen, lo que le permitirán a Sandra, ampliar el formato de su catalogo y vender mucho mas, razón de éxito de esta nueva inversión.

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
  • 485
    View loans »
    Colombia Loans Fundraising
  • $15,261,100
    Funds lent in using Kiva
  • 1,823.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $600 helped Sandra Patricia to buy leather and supplies in bulk.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 10, 2013
Apr 16, 2013
Currency Exchange Loss:
Oct 17, 2014