A loan of $550 helped to buy lace, tulle, padding, thread, tape and other items.

Aurora Maria's story

Aurora C. makes layettes for babies. She is very dedicated to her work -work that she began in Ciénaga, a town in Magdalena Department. From the time she was very young, she used to make dresses for dolls and as she got older, she perfected the art. She took courses that were related to fashion design and dressmaking. Aurora is 62 and lives in Las Palmas D. Barranquilla neighborhood. She is the mother of 4, ages 38-46, and the result of her performance in the traD. has been so good that it became a business. It has generated the main source of income for her family. Since 1998 she has worked with the Fundación Mario Santo Domingo, an organization that has helped her grow personally and business-wise because she has taken advantage of everything they offer. She has received 6 loans. She has received training in the business and changed her vision of what the business is capable of doing. The Kivacredit is her 7th loan, and she will use it to buy lace, tulle, padding, thread, tape and other items. In 1991 Aurora had 63 workers and she would like to take her business to this level again. That is why she strives to give it an enterpreneurial focus every day so as to fulfill her dream. Her business is prosperous and she has regular customers all year. Her products are sold in the center, a very commercial zone of Barranquilla. She has day sales outstanding of 26 days, while her gross profit on the sales is 53%, her debt is 30%, she has an ability to pay up to 70%, and her liquid assets are 2.3%. Aurora is a happy woman who enjoys the love of her children and grandchildren with whom she has excellent relations.

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Translated from Spanish by Kiva volunteer Miriam Palacio

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