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Fabiola
For the past 23 years, Fabiola has been making family clothing, selling products from specialized guides and catalogs, as well as personal hygiene supplies everyday in cash and through credit. She started her business on her own in order to preserve the family tradition while earning money to support the welfare of her husband and son who is now 35 years old. Little by little, Fabiola has been expanding her business and adding more variety to her merchandise. Thanks to her relationship with her clientele, she has been able to take advantage of the domestic market.

Her primary offerings are underwear for women and men, products from her catalog such as clothing, and personal hygiene products. She is currently seeking a Kiva loan, her 25th loan with the Fundación Mario Santo Domingo, which she will use to purchase raw materials and supplies, underwear as well as toiletries. With this investment, she plans to increase her working capital in order to sell new products that her clients have requested for the upcoming season which has many festivals, Christmas and New Year's as well as graduation, family gatherings, weddings, etc. With her previous loans, she has been able to strengthen her business and grow its structure, which strengthened her personal and business image.
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Fabiola confecciona ropa familiar, vende productos mediante guías especializadas o catálogos y también útiles de aseo personal, de contado y a crédito durante todos los días desde hace 23 años. Su negocio inició por iniciativa propia y para conservar la tradición familiar mientras ganaba dinero, para apoyar la gestión de bienestar de su hogar, conformado por su cónyuge y su hijo, hoy de 35 años de edad. Poco a poco Fabiola ha ido agregando a su confección, mercancía variada, pues tiene un mercado doméstico fijo que aprovechar, producto de su relación con los clientes de su confección. Su principal oferta es la ropa interior femenina y masculina y artículos de su catalogo como vestuarios y productos de aseo personal. En la actualidad, está aplicando a un credikiva, crédito número 25 que hace a la Fundación Mario Santo Domingo, mediante el cual comprará materias prima e insumos y ropa interior, además de productos de tocador. Con esta inversión planea incrementar su capital de trabajo, para vender nuevos productos, que sus clientes han solicitado, especialmente para la época que se avecina, que es de muchas festividades, navideñas y de fin de año, como grados, encuentros familiares, matrimonios etc. Con sus anteriores créditos, ha logrado fortalecer su negocio y dar crecimiento de su estructura, fortaleciendo así su imagen personal y empresarial.

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
  • 176
    View loans »
    Colombia Loans Fundraising
  • $13,090,925
    Funds lent in using Kiva
  • 1,892.1
    Colombia Pesos (COP) = $1 USD
Expired
A loan of $1,075 helped Fabiola to purchase raw materials, supplies, underwear and toiletries.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2013
Listed
Oct 10, 2013
Currency Exchange Loss:
Possible
Expired:
Nov 9, 2013