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Diana Yulied
Diana, 38, has a sewing business and sells pijamas, hats, scarves and gloves. She lives in the beautiful capital city of Colombia, Bogotá, with her husband and 13-year-old son. For four years she has been making pijamas in response to the demand by customers who, when visiting her business, would ask if she sold pijamas. Diana saw an opportunity to expand business, increase her income and contribute more to the household economy in an effort to improve the family's lifestyle.

Her manufacturing process begins with the purchase of fabric and supplies such as buttons and thread; then she designs, cuts, sews, packages and puts her products up for sale. She sells every day on cash basis. She also pays in cash when buying fabric and supplies.

Diana has received two loans through the Mario Santo Domingo Foundation. She used her first CrediKiva loan to buy fabric, thread, buttons, hats, gloves, scarves and sewing machines. With this investment she plans to increase production and sales so in the future she will be able to reach her goal of opening a second sales point.
View original language description ↓
Diana tiene 38 años de edad. Su negocio consiste en la confección y venta de pijamas, así como en la comercialización de gorros, bufandas y guantes. Vive en la capital de la República de Colombia, en la linda Bogotá, con su conyugue y un hijo de 13 años de edad. Desde hace cuatro años inició las confecciones de pijamas como una respuesta a la necesidad que presentaban los clientes al visitar su negocio de venta de bufandas, gorros y guantes, que le preguntaban que si vendía pijamas. Diana visionó esto como una oportunidad de hacer crecer su negocio, incrementar sus ingresos, y contribuir en una mayor proporción con la sostenibilidad de los gastos de su hogar, para mejorar su calidad de vida y el de su familia. Su proceso productivo inicia con la compra de telas e insumos como botones e hilos, hace los diseños, los corta, confecciona, empaca, y los coloca en el punto de venta. La venta es diaria y de contado. Compra también de contado en almacenes de telas y de insumos de confecciones. Diana ha recibido dos créditos con la Fundación Mario Santo Domingo; su primer credikiva lo usará para la compra de telas, hilos, botones, gorros, guantes, bufandas, una máquina plana y una cortadora. Con esta inversión espera aumentar su producción y sus ventas, para más adelante ver cumplir sus sueños de crecimiento del negocio con dos puntos de venta.

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
  • 494
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,900.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Diana Yulied to buy more supplies to increase production and sales.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2013
Listed
Jun 18, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2014