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Catherine
For six years, Catherine has been sewing clothing in general, but mainly uniforms, in her small sewing workshop which is located in her own home, in the south of the city of Barranquilla. She lives with her husband and their two children who are 8 and 14 years old. Catherine's business is a kind of family tradition as her mother is in the same line of work. It was from her mother that she learned her skills, watching her since she was a little girl. Now mother and daughter support each other as they both sew school uniforms and sports kits. In addition, they also sell products through specialized company catalogs which makes them extra income. Their daily tasks begin at 7.00am and they work, without stopping, until 6.00pm. They buy raw materials and supplies, design, cut, repair, sew, finish off the garments, then sell them. They make their purchases with cash and their sales are on credit though some are for cash.

Catherine is currently applying for a Kiva loan (her first loan through Fundación Mario Santo Domingo) to buy raw materials and supplies such as fabric, threads and accessories because she has an order for some sheets that she needs to fill. Her goal for the future is to buy an embroidery machine and to own her own home. Her biggest challenge is ensuring that her children become successful professionals and have a promising future.
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Desde hace 6 años confecciona ropa en general y uniformes principalmente, en un pequeño taller ubicado en su propia casa ubicada al sur de la ciudad de Barranquilla, donde habita con su cónyuge y sus 2 hijos en las edades de 8 y 14 años. Su negocio es parte de la tradición de su familia, pues su madre también se dedicó a ella, de quien aprendió viéndola desde su infancia y hoy en día se apoyan, pues entre las dos confeccionan uniformes escolares y deportivos y además comercializan productos mediante guías especializadas de negocios, que también les representa un ingreso. Sus tareas diarias inician desde las 7 de la mañana, hasta las 6 de la tarde sin cesar, así realiza las operaciones de compra de materias primas e insumos, diseño, corte, reparación, ensamble y acabado de piezas, para finalmente comercializarlas. Sus compras las realiza de contado y sus ventas a crédito y algunas de contado. En la actualidad está aplicando aun credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará materias primas e insumos, como telas, hilos, y accesorios, porque requiere hacer una producción de sabanas, resultado de su preventa, su meta mas adelante es comprar una bordadora y tener su propia vivienda y su mayor desafío es lograr que sus hijos se conviertan en profesionales exitosos y tengan un futuro prometedor.

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
  • 482
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,839.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $575 helped Catherine to buy raw materials and supplies such as fabric, threads and accessories.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2013
Listed
May 22, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014