A loan of $1,075 helped to buy fabric, thread, lace, and accessories.


Mitxy Esther's story

Mitxy Esther A. Bermúdez is an enterprising young woman who lives with her mother, her husband, and her small, one year old child in the municipality of Soledad. This location is next to the capital, Barranquilla, which is on the northern coast of Colombia. This small businesswoman decided after finishing high school to start working as a salesperson in various clothing stores. Due to a cut in personal, she was let go. That is when she proposed to her mother, a veteran seamstress, that they team up to make casual women’s clothing like multiuse garments, lycra pants, and blouses. Currently Mitxy and her mother’s small shop has a sewing machine and an overlocking machine. Orders have increased so much that she is thinking of buying another machine and hiring a worker. Mitxy is in charge of selling the merchandise in commercial areas in the center of Soledad. Some of the stores where she worked are now her customers. This is the third loan she has requested from the Fundación Mario Santo Domingo, and it is her first Kiva loan. She has always been characterized by her punctuality. She plans to use the loan to buy fabric, thread, lace, and accessories. Her monthly sales volume is $2,000. Her profit margin is approximately 40%. During the end of the year season sales will increase considerably. Mitxy dreams of opening an establishment for the public where she would be able to sell all of her products. She is not afraid of the competition because it is not easy to offer quality garments at low prices like she does.

Translated from Spanish by Kiva volunteer Ginny Kalish



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