100%

funded

Total loan: $200

Maria Magdalena

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Soledad-Atlantico, Atlantico, Colombia / Clothing

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A loan helped to purchase various models of elegant dresses for girls, by the dozen, to strengthen her income and the income of her daughter, who helps her.


Maria Magdalena's story

Maria Magdalena makes girls’ clothing for a dressmaker, who is her boss. The owner of the business has been helping her for six years to become an entrepreneur. The same clothing she makes as an employee is the clothing that she sells because she sells it at a special price. She is able to earn income this way, and she has the support of her daughter, who has helped her build her own clientele.

Her dream is to have a business location with shelving to sell the products that she makes and add other products that her potential buyers need. She operates her business selling on credit and with cash. Her current goal is to purchase in larger quantities for the purpose of obtaining a better price and a securing a better profit margin that will provide her with more family income.

This is the reason for which she is turning to a loan. With the loan, she will purchase various models of elegant dresses for girls, by the dozen, to strengthen her income and the income of her daughter, who helps her.