Funded

Total loan: $1,050
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A loan of $1,050 helped to buy materials and supplies for making backpacks and bags which she has orders for. To buy merchandise such as bedspreads, dresses and hand-crafted sandals.


Nailan's story

Nailan Fernández D. T. is 53 years old and lives in the Bajera neighborhood of San Jacinto, in Bolívar department. She makes backpacks and bags by hand and she also buys and sells bedspreads. Nailan is a single mother and has 3 children aged 26 to 37. She has managed to get her children ahead in life through the work she does in her business. She hopes to make her business more prosperous every day, working hard to achieve good savings so that she can buy her own home. Although her biggest challenge has been to educate her children without her partner by her siD., that is now a problem from the past because her children are all grown up and working themselves to get their own families ahead.

This is Nailan's first loan with Fundación Mario Santo Domingo. She will use this Kiva loan to buy materials and supplies for making her backpacks and bags which she already has orders for. She will also buy merchandise such as bedspreads, dresses and hand-crafted sandals. With this investment, she will make a gross profit of 48%.

Nailan is requesting her loan during this season because she makes her largest number of sales from December to February, owing to the large number of tourists who arrive in her town on vacation or who pass by on the road and stop to buy from her. She accomplishes her large sales potential with the support of her daughter who travels to the cities of Barranquilla and Cartagena where she has her largest number of regular customers. She takes them backpacks which her mother has maD. by hand together with other handicrafts which she buys in the town and then sells in these two cities.

Translated from Spanish by Kiva volunteer Linda Oxnard



Loan details

Loan length:

15 months
Disbursed date: November 30, 2010
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: November 30, 2010
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)