When ever you purchase something from Mandala Yoga Mat we will be giving to KIVA. Great orginization.
|Location:||Bogotà, Colombia||Repayment Term:||14 months|
|Loan Use:||To buy leather and its derivatives as well as raw materials to launch a new collection of purses, wallets and cellular phone carrying cases.||Currency Exchange Loss:||Covered|
|Default Protection:||Not Covered|
She is currently applying for her 4th loan which she’ll use to buy leather and its derivatives as well as other raw materials to launch a new collection of purses, wallets and cellular phone carrying cases.
When Jenny started out in 2000 she trained as a designer and then started out with a firm first step: she was an exhibitor at the 2006 Exporartesanias Fair where she showed a line of diversified products like coin purses and cell phone carrying cases. Gradually she has been expanding citywide.
She is a client of Fundación Mario Santo Domingo and has used loans to buy equipment that has drastically reduced her production time; her products have become known in the Dominican Republic.
Her greatest dream is to establish herself in foreign markets, to continue expanding and becoming known in other parts of the world.
Her greatest challenge is the fluctuations in value of the dollar and often not having sufficient capital available to fill all the orders she has from important Colombian customers.