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Laura
Laura is 26 years old and owns a clothing store. She decided to open the store two years ago after starting to studying fashion design and couture. Her mother was the one who prompted her to open the store and helped her get the premises where it operates. The space does not only function as the workshop where she makes the clothing that she designs, but also as a store where it is exhibited. She applies the separation plan, which is to pay before taking the product home, which her customers like very much, and she also accepts cash. She purchases from fabric and accessories vendors over a large area since they offer the best prices. This is how she can adjust her costs to the needs of her customers.

Currently she is requesting her first loan from Kiva with the Fundacion Mario Santo Domingo so that she can purchase an industrial sewing machine. This will improve her production times and increase the quality of her products. Her goal in the future is to have her own brand and consolidate with the best collections, designed by her. Meanwhile, her greatest challenge is to succeed in substantially increasing sales and increase her production to have savings. She wants to achieve her main goal, which is to have her own apartment.
View original language description ↓
Laura de 26 años de edad, es la propietaria de un taller de confecciones, negocio que decidió emprender hace dos años, después de empezar a estudiar la carrera de diseño de modas y alta costura. Su madre fue quien la impulsó y le facilitó el local en el cual ejerce su actividad. En sus instalaciones funciona no solo el taller donde fabrica la ropa, que ella misma diseña, sino también un almacén donde la exhibe. Ella aplica el plan separe, que consiste en pagar antes de llevar el producto a casa y esto gusta mucho a su clientela. También vende de contado y compra en grandes superficies de proveedores de telas e insumos, que le ofrecen los mejores precios, así ella puede ajustar sus costos a las necesidades de su clientela. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará una máquina de confeccionar, industrial, con el fin de mejorar los tiempos productivos y aumentar la calidad de sus productos. Su meta mas adelante es tener su propia marca y consolidarse con las mejores colecciones, diseñadas por ella misma, mientras su mayor desafío es lograr aumentar sustancialmente las ventas, aumentando su productividad para obtener ahorros y lograr su mayor sueño, que es tener su propio apartamento.

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
  • 183
    View loans »
    Colombia Loans Fundraising
  • $13,171,600
    Funds lent in using Kiva
  • 1,906.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,375 helped Laura to purchase an industrial sewing machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jun 23, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014