Funded

Total loan: $1,125
Powered by 29 lenders

Maria


A loan of $1,125 helped to purchase supplies to make bed linens, curtains, and home linens.


Maria's story

Maria, 42 years old, makes women's clothing. She also makes home linens and curtains. She lives south of the city with her husband and her daughter, 20 years old, whom she dreams of seeing become a successful professional. Her business idea was inspired by her parents when she was very young, and when she decided to develop her own entrepreneurial adventure, a friend supported her. Together they started to make items for their closest friends and family members. Maria does all of the production work in her business, from the design through the cutting, preparation, assembly, and finishing of pieces. With the quality of Maria's work and her capacity for learning about various product lines, she has succeeded in building up a market among residents of the area and some clinics, where her customers have referred her. Currently, she is selling mainly on credit, and with the degree to which her market is growing, the working capital is insufficient to respond to orders. This is why she is taking out a Kiva loan, her first financing with Fundación Mario Santo Domingo. She will use it to buy supplies to make bed linens, curtains, and home linens. Her greatest potential for success with this investment is her 7 years of experience, during which she has built up a clientele and learned when to invest, as she will do now with her Kiva loan at the end of the year. It is a time of holidays, when families make many changes to their homes in order to meet Christmas and the new year very up-to-date and with many dreams and hopes.

Translated from Spanish by Kiva volunteer Karen Monat



Loan details

Loan length:

15 months
Disbursed date: November 21, 2012
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: November 21, 2012
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)