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Elia Rosa
62-year-old Elia is a great clothing manufacturer who lives in the southwest of the city. She has 40 years of experience in sewing clothing, a job that she learned from her mother and for which she expressed great inclination. Because of this, in the year 1972 she began her own business adventure in an empirical manner, both in business and technical knowledge.

Elia carries out all the operations of dressmaking in her workshop from 7:00 in the morning to 7:00 at night. The clothing styles for women include blouses, dresses, and shirts; and pants for men. She makes her sales by credit and cash only, and her main market is located in the neighborhood where she lives and in its vicinity.

She has a goal, and that is to have good technical infrastructure and to increase production. This is the reason for which she turned to a Kiva loan, the first financing that she has had from Fundación Mario Santo Domingo. Through this she will buy an industrial sewing machine, fabric, buttons, thread, and supplies for making shirts, pants, and dresses for women; and achieve her main goal and continue having many more dreams of prosperity and progress for herself and her family from the success of Kiva credit.
View original language description ↓
Elia de 62 años es una gran confeccionista que habita al suroccidente de la ciudad. Ella con 40 años de experiencia en la costura de ropa, aprendió de su madre el oficio, en el que ella manifestaba su mayor inclinación. Por eso en el año 1972 emprendió su propia aventura de negocios de manera empírica tanto en el conocimiento técnico como en el empresarial. En su taller Elia realiza todas las operaciones de la confección en su taller desde las 7 de la mañana hasta las 7 de la noche, las líneas de ropa para damas como blusas, vestidos y camisas y pantalones para caballeros. Sus ventas las realiza a crédito y de contado y su principal mercado está ubicado en el barrio donde habita y en sus aledaños. Elia tiene una meta y es la de tener una buena infraestructura técnica y aumentar la producción. 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 una máquina plana industrial y tela botones, hilos e insumos para producir camisas pantalones y vestidos para damas y con ello lograr su meta principal y continuar teniendo muchos mas sueños de prosperidad y progreso para ella y su familia y justamente es este justamente el éxito de su credikiva.

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
  • 177
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 1,914.1
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Elia Rosa to buy an industrial sewing machine, fabric, buttons, thread, and supplies for producing shirts, pants, and dresses for women.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2013
Listed
Jun 25, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014