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Yolanda Esther
For the past ten years, Yolanda has worked as a seamstress.

This work started from watching the daily work of her husband who markets institutional publicity items such as calendars, hats, pens and printed t-shirts.

She proposed to him that she would make the t-shits and to also make uniforms and other products that need to be sewn.

This is how they started and little by little the business has grown through daily cash and credit sales.

Her main clients are workers and referrals from them. The referrals have grown and have become her best buyers.

Her goal is to expand her workshop and finally contract workers for times when production needs to increase in order to earn more money and fulfill her dream of having her own house.

She is applying for a Credikiva to buy a coverstich sewing machine in order to improve production times, the quality of the clothes and to gradually reach her company objectives and the wellbeing of her family.
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Yolanda desde hace 10 años, se dedica a las confecciones, actividad que surgió cuando observando la tarea diaria de su esposo, quien se dedica a la comercialización de artículos de publicidad institucional como almanaques, gorros, lapiceros, camisetas estampadas, le propuso fabricar ella misma las camisetas, y buscar alternativas de ofrecer uniformes y en general los productos derivados de su capacidad de confeccionar. Así fue como iniciaron y poco apoco su negocio ha ido creciendo, mediante ventas de contado, y a crédito, todos los días. Sus principales clientes son empleados y referidos por estos, que han ido agregándose como sus mejores compradores. Su meta es la de ampliar su taller y finalmente contratar operarias, cuando se requiera aumentar la producción, para ganar mas dinero y cumplir su sueño de tener una vivienda propia. En la actualidad está aplicando a un credikiva, con el cual comprará una máquina industrial descubridora, que la ayudará a mejorar los tiempos productivos y la calidad de las prendas, y a alcanzar gradualmente sus objetivos empresariales y los de bienestar de su familia.

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
  • 160
    View loans »
    Colombia Loans Fundraising
  • $12,812,550
    Funds lent in using Kiva
  • 1,850.0
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $825 helped Yolanda Esther to buy a coverstich sewing machine and supplies such as fabric and thread.
98% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2013
Listed
Apr 20, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014