A loan helped to buy fabric and thread to make dresses.

Margoth's story

Margoth is a 67-year-old micro entrepreneur who lives in the city of Cartagena with her family. She legally established her business, MARANGO H. SAS, and it has been functioning for over ten years.

Her idea for a business arose from the need to move forward and generate income to help support her family. With the support of her husband she decided to rent a locale and start to sew clothing items to sell to customers.

Margoth studied and worked in dressmaking for several years. Little by little she built up her success through quality, punctuality of service and the perfect touch in her creations, which have captivated her customers. In addition, her business has had great results. Today she is well positioned, with a bigger locale.

This entrepreneur makes bathing suits, shirts, pants, and formal dresses. She also generates employment. She has several collaborators, contributing in a positive manner to the economy in her area.

Her business has been very profitable, but due to the pandemic her income was affected. She needs to strengthen her business plan through a financial reactivation. For that reason she is currently seeking a Kiva loan, her first loan through the Fundación Santo Domingo, to buy fabric and thread to make dresses. Margoth needs an injection of capital to strengthen her business plan. Support her with this loan. She will be a success.

Translated from Spanish by Kiva volunteer Laurie Hiller.

This loan is special because:

It helps combat financial exclusion of older entrepreneurs.

Loan details

Lenders and lending teams

Loan details