Check out some available loans that are similar to this one!
Beatriz Elena
Beatriz is 39 years old and has fourteen years of experience running a sewing business which she began when she was a young woman. She enjoyed sewing and managed to take some advanced courses in it. She makes all kinds of clothing and sells it to friends and relatives who are her principal market. Every day she works from 8 in the morning to 8 at night buying supplies for cash whenever her customers need items.

In the future Beatriz wants to employ staff and also buy a house. Her major challenge is finding new customers and generating more income. Right now she is applying for a loan through Kiva, the first one she has had with the Mario Santo Domingo Foundation. With the money she will buy fabric, thread, runners etc. Then she will have the material she needs to produce and sell items of clothing, thereby earning more money and capitalizing on her investment.
View original language description ↓
Beatriz tiene 39 años de edad y 14 años de experiencia en confecciones, inició su taller de costura pues desde muy joven, le gustó está actividad y logró estudiar alta costura. Ella elabora todo tipo de prendas de vestir y vende sus productos, entre amigos, familiares que son su principal mercado doméstico. Todos los días trabaja desde las 8 de la mañana, hasta las 8 de la noche, comprando las materias primas e insumos de contado, a la medida en que los necesitan sus clientes. Su meta mas adelante, es tener empleados y en un futuro comprar su vivienda, aunque su mayor desafío es conseguir nuevos clientes, que le generen mucho más utilidad. En la actualidad está aplicando a un credikiva, primer financiamiento que hace ala Fundación Mario Santo Domingo, mediante el cual comprara telas, hilos, correderas etc. Con ello tendrá material para producir y vender sus productos a todo costo, ganando aun mas dinero, para hacer mucho mas efectiva su iversión.

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
  • 224
    View loans »
    Colombia Loans Fundraising
  • $12,881,350
    Funds lent in using Kiva
  • 1,891.9
    Colombia Pesos (COP) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $450 helped Beatriz Elena buy fabric, thread, runners.
61% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2014
Listed
Jul 7, 2014
Currency Exchange Loss:
Possible