A loan of $650 helped to buy leather, linings, rhinestones and other supplies to make new shoe designs.

Yuberlys Maria's story

Yuberlys is 21 years old. She lives in the municipality of Malambo, very close to the city of Barranquilla, with her spouse and her 2-year-old daughter. There she works making women's sandals, a traditional business which started in her home, together with her parents, 7 years ago. It took its present form 3 years ago, because she gathered together all the practical knowledge from her parents and learned how to add embellishments. Later she was trained at the National Learning Service (Servicio Nacional de Aprendizaje, SENA), an organization supported by the national government, and there she strengthened her administrative and marketing knowledge. Currently, her business is officially registered, since she recognized the importance of being registered with the local Chamber of Commerce, so she can market to other institutions and negotiate her prices with suppliers. On average, she produces 160 dozen pairs of shoes, and she sells them to stores at wholesale prices, and these in turn pay her within 30 days. In her business, she works with people from her immediate family, generating about 15 part-time jobs, in addition to many people who work from their homes decorating the shoes. Currently, she is applying for this Kiva loan, her first financing with the Mario Santo Domingo Foundation, an organization which she got to know when it arrived in her neighborhood in a mobile office with commercial advisors. Her goal is to be able to acquire machinery to strengthen her technical infrastructure and increase the volume of sales, in order to gain discounts, and this is just what she will achieve with the purchase of leather, linings, rhinestones and other supplies to make new shoe designs and to continue on her path toward prosperity as expected.

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Translated from Spanish by Kiva volunteer Patricia Linderman

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