Check out some available loans that are similar to this one!
Dora Gracierla
Dora is 59 years old and lives in the city of Barranquilla with her husband and her 25-year-old daughter. She has been offering laundry services since 2003 after a friend suggested that she open this type of business. Dora also irons curtains, bed sheets, tablecloths, and other items. The main supplies that she purchases with cash are detergents and fabric softeners, which are used in the laundry process.

All of Dora’s customers live near her shop and request her services. She tries to make herself available as much as possible since it makes her customers feel like they have been well-attended and they will want to return to her business. For this reason, her goal going forward is to buy an industrial washing machine since this will increase her sales potential and her profits. It will also save her time, money, and work.

At the moment, Dora is applying for a Kiva loan, her first form of financing with Fundación Mario Santo Domingo. She will use the money to buy a larger volume of fabric softeners and detergents than usual. This investment will be successful because she will be able to obtain volume discounts, which will have an impact on her earnings.
View original language description ↓
Dora de 59 años de edad habita en la ciudad de Barranquilla, con su cónyuge y su hija de 25 años de edad; allí ofrece servicios de lavandería de ropa, desde el año 2003, cuando una amiga le recomendó la apertura de un negocio de lavado y planchado de cortinas, ropa de cama , manteles etc. Sus principales compras las hace de contado en insumos como detergentes, suavizantes de ropa, lo cual usa en el proceso. Todos los clientes que Dora ha ganado se acercan al local a solicitarle el servicio y ella debe tener toda la disponibilidad posible, para que ellos se sientan bien atendidos y regresen a su negocio, por eso su meta mas adelante es comprar una lavadora industrial, mediante la cual logre incremente la potencialidad de sus ventas, utilidades y obtenga ahorro de tiempo, dinero y trabajo. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará en un mayor volumen que el acostumbrado, suavizante de ropa y detergentes; esta inversión logrará hacerla exitosa, porque obtendrá descuentos por volúmenes de compra, impactando una vez mas sus ingresos.

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
  • 271
    View loans »
    Colombia Loans Fundraising
  • $13,826,450
    Funds lent in using Kiva
  • 1,914.6
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Dora Gracierla to buy a bulk quantity of fabric softeners and detergent.
100% repaid
Repayment Term
4 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 29, 2013
Listed
Sep 19, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 27, 2013