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Gloria Angely
Gloria, 29, is a hard-working and determined woman. She is always looking for ways to get ahead.

For a long time she has been working in clothing. She learnt this trade through experience. Little by little she has improved her skills and expanded her knowledge by practising. This led to her opening her own workshop. To do this she set up a space in her home, using some savings that she had to buy her first machines.

She works alone every day, but from time to time she gets help from somebody depending on the amount of orders that she has. Working in this way, she has managed to generate some income to take care of household expenses.

The loan she is asking for is to strengthen her business. With the money she will buy supplies for her clothes making such as cloth, thread, needles, lace, buttons and other things to stock her workshop. She will also open up a space where she can put her machines so she can work in more comfort. This will all help her speed up her production process and get more orders, making her business more profitable.

She says that her main challenge is the competition in the market. However, this only motivates her to keep offering a fantastic service and strive for her business to be officially accredited. This will then allow her to employ other people, improving her quality of life and that of those who influence her work.
View original language description ↓
Gloria, a sus 29 años de edad, es una mujer trabajadora y pujante; pues siempre va en busca de alternativas que le permitan progresar.

Desde hace muchos años se dedica a trabajar en el campo de la confección, el oficio lo aprendió de manera empírica, poco a poco fue perfeccionando su técnica y ampliando sus conocimientos por medio de la práctica, esto la impulsó para iniciar su propio taller, para lo cual adecuó un espacio en la casa donde reside y, con unos ahorros que tenía compró sus primeras máquinas.

Trabaja sola todos los días, pero en ocasiones recibe el apoyo de una persona, dependiendo de la cantidad de contratos que tenga; así ha logrado generar recursos para solventar los gastos del hogar.

El crédito que solicita es un apoyo para el fortalecimiento de su labor, pues con el dinero comprará insumos para confección como tela, hilos, agujas, encajes, botones, entre otros, para abastecer su taller y también adecuara el espacio donde tiene sus maquinas para trabajar de una manera mas cómoda, de esta forma podrá agilizar el proceso de producción y adquirir más contratos, generando mayor rentabilidad en el negocio.

Gloria manifiesta que su mayor desafío es la competencia en el mercado, sin embargo esto la sigue motivando para seguir prestando un mejor servicio y luchar para que el sueño de la acreditación de su negocio se haga realidad y le permita generar oportunidades de empleo, así mejorará su calidad de vida y la de las personas que influyan en la labor.

Additional Information

Important Information

This loan is structured on Kiva as a bullet loan, which means a single payment is required at the end of the loan term. By Colombian law, Kiva's partner Interactuar is required to offer borrowers loans with a variable interest rate that fluctuates with the market rate. Because fixed monthly payments are applied first to interest and then to principal, Interactuar is unable to predict upfront what portion of each repayment would go towards the loan principal. This creates a challenge with Kiva's system, which doesn't allow for unpredictable principal payments, and can result in some Interactuar clients appearing falsely delinquent. To remedy this, the loan has an end-of-term repayment plan on Kiva, but the borrower will continue scheduled monthly repayments to Interactuar, who will then pass along the principal amount to Kiva lenders. This means that you may see repayments made on this loan throughout the repayment term, as opposed to receiving repayment in full at the end of the loan term.

Tags

About Colombia

  • $11,100
    Average annual income
  • 227
    View loans »
    Colombia Loans Fundraising
  • $16,925,975
    Funds lent in using Kiva
  • 1,887.8
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Gloria Angely to buy supplies for making clothes and to make improvements to her workshop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2014
Listed
Aug 16, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2015