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Jorge
Jorge, age 26, works manufacturing and assembling artisanal footwear. According to him, he has worked at this art daily for the past ten years. His father traditionally worked at this, as well. He and his brother have gained a lot of experience with him, and they have translated this into their own means of generating income. Currently Jorge works from 9 in the morning until 4 in the afternoon from Monday to Saturday. He makes sandals and formal footwear, paying cash for all his supplies and raw materials from specialty stores and selling them, also for cash, to retailers located downtown in the city. His future goal is to have an adequate workspace and to receive a professional degree, which will allow him to increase his chances of success.

From day to day, Jorge goes to a lot of effort intermixing padding, leather, patterns, and other accessories to offer new designs and products in the market, all with an unequaled finishing touch. He is currently applying for a Kiva loan, his first loan through the Fundación Mario Santo Domingo. With this he will buy leather, insoles, padding, tacks, glue, etc., with the goal of launching his most up-to-date line in the end-of-the-year season. This usually increases his earnings, and that is exactly what ensures that his Kiva loan will have great success.
View original language description ↓
Jorge de 26 años de edad, se dedica a fabricar calzado artesanal y a remontarlo; él diariamente trabaja en este arte, por cuenta propia, desde hace 10 años. Su padre tradicionalmente se dedicó a esta actividad y su hermano y él, ganaron con ello mucha experiencia, que tradujeron en su propio generador de ingresos. Hoy Jorge de lunes a sábados, trabaja desde las 9 de la mañana hasta las 4 de la tarde, produciendo sandalias y calzado formal, comprando todos sus insumos y materia primas de contado, en almacenes especializados y vendiendo también de contado a comerciantes, ubicados en el centro de la ciudad. Su meta más adelante es tener un local adecuado y alcanzar una carrera profesional, que le permita ampliar sus posibilidades de éxito.
Día a día, Jorge se esmera interactuando entre follajes, cuero, suelas, plantillas y demás accesorios, para ofrecer en el mercado nuevos diseños y productos con un acabado inigualable. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará cuero, plantillas, follaje, puntillas, pegantes etc., con el fin de lanzar su más actualizada producción, en la temporada de fin de año, que aumenta usualmente sus ingresos y esto es justamente lo que hace que su credikiva tenga mucho éxito.


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
  • 231
    View loans »
    Colombia Loans Fundraising
  • $13,363,950
    Funds lent in using Kiva
  • 1,886.8
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Jorge to buy leather, insoles, padding, tacks, glue, etc.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2013
Listed
Oct 29, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014