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Maria
María, 57, lives with her spouse in the city of Cartagena. She’s the mother of four adult children and she earns income making clothes. She started her business venture 7 years ago although she has 10 years’ experience in this line of work because with her skills and aptitude for this work she worked making clothes to order and earned money doing so.

Gradually her business has been growing. She works every day from noon until 7 at night making and selling articles of clothing to her clientele consisting of her neighbors and friends as well as others referred by them.

Lately, her machine breaks down frequently and in order to continue meeting customer demand and staying in business she needs to buy a new sewing machine. This is the reason she’s calling on a Kiva loan, her first financing with Fundación Mario Santo Domingo, to buy her machine. Her goal is a successful investment since she has pending customer orders for adult and children’s clothes. Also, her main family goal is to support her husband with household expenses and to generate more well-being for her entire family.
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Maria de 57 años de edad, habita con su cónyuge en la ciudad de Cartagena; ella es madre de 4 hijos en edades adultas y genera ingresos con la actividad de confecciones, desde hace 7 años cuando emprendió su aventura de negocios, aunque hace 10 ya tenia experiencia en este oficio, pues con sus aptitudes para las artes y el oficio, lo practicaba elaborando prendas de vestir sobre medidas y ganaba dinero. Poco a poco su negocio ha ido creciendo; ella trabaja diariamente desde las 12 del día hasta las 7 de la noche , elaborando y vendiendo prendas a su clientela, constituida por sus vecinos y amigos además de referidos de estos, que recomiendan su trabajo basado en la calidad, con la que elabora todas sus prendas. Últimamente su maquina se daña con mucha frecuencia y para responder a su clientela y continuar sosteniendo su negocio, necesita una maquina de confecciones nueva. Esta es la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará su maquina, teniendo como meta el éxito de esta inversión el aprovechamiento de los pedidos de ropa para adultos e infantil, que han hecho sus clientes. Ella también tiene como principal meta familiar, apoyar la gestión de su esposo en su hogar, para compartir los gastos y generar más bienestar para toda 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
  • 191
    View loans »
    Colombia Loans Fundraising
  • $12,876,400
    Funds lent in using Kiva
  • 1,865.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $925 helped Maria to buy a sewing machine.
96% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2013
Listed
May 27, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015