Funded

Total loan: $650
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Zaida


A loan of $650 helped to purchase fabric, thread, and other materials in bulk for her sewing business.


Zaida's story

Zaida is 59 years old, and makes a living as a seamstress. She began working in the trade as soon as she completed her primary education at age 17, and her first job was operating machines in a sewing workshop. After a few years, she decided to create her own business and become more independent, since she had to take care of her father. When her children were born, she worked even harder to make her business successful so that she could provide for them. She primarily sews clothing and undergarments for women, though she does make other products. She serves a customer base located mostly in her region, and she is well known for her designing talent.

She conducts her sales on credit, and also offers services to clients where they can pay cash up front. The biggest challenge she currently faces to steady business growth is the fact that she lacks the necessary capital to invest in infrastructural improvements. With her challenges and goals in mind, she is requesting this loan, which will be her first with the Mario Santo Domingo Foundation and Kiva. She plans to use the support from this loan to purchase materials in bulk, such as fabric, thread and other input items. She believes that this will be a successful and worthwhile investment, since she already creates high quality products, and her customers are happy with her quality of work. She hopes to make these investments in her business just before its most profitable season: Mother’s Day.

Translator profile picture

Translated from Spanish by Kiva volunteer Gillian Goodrich



Loan details

Loan length:

15 months
Disbursed date: April 30, 2012
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: April 30, 2012
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)