First investment? Get €500 guaranteed with code GOODSTART.
Find out how
funding gap emerging markets
Colombia

Asocacion de Guadas

  • Eclof Colombia
  • Invest in a Financial Institution
  • + 16 other investors
  • With a Euro 11,400 loan, this confection cooperative can open their own points of sale and can create more employment.

    €11,400
    Amount
    3.00%
    Interest
    24 months
    Maturity
    6 months
    Repayments
    EUR
    Currency
    Amount€11,400
    Interest3.00%
    Maturity24 months
    Repayments6 months
    CurrencyEUR
      100%
      Fully funded in 31 days on 28 September 2014.

      Summary

      Maria is one of the eight women who founded Guadas Cooperative in 2005. Guadas is situated about two hours nortwest from Colombia’s capital Bógota. The coopeartive produces and sells confectionary clothing. Currently there are 16 members, of which 14 are female. Most members are responsible for the income of their families. The ladies are true entrepreneurs and started small: they received support from Sena, a governmental organization that stimulates education and training. Sena provided them with three small sewing machines (for rent). They also received training on how to properly use the sewing machines. This was the start of a successful business; they started producing and selling the clothes and were very good at it. What they did next was applying for a grand from a Canadian fund. With this grant, they could buy professional, industrial sewing machines to better serve new and existing clients.The cooperative produces and sells clothes for the national and international market. To be able to do this, all members receive technical and commercial training. Currently they have four production lines: leisure clothing, school uniforms, workwear (they produce the clothing for Helios, the company that maintains Colombia’s highways) and traditional clothes.

      Maria and her colleagues have great ambitions: With the loan they would like to open their own points of sale, buy more fabrics  and increase production to satisfy customer demand. With the loan, 4 new jobs are being created. 

      Lendahand and its local partner grant this loan on the cooperative payable in 24 months, to be able to make this ambition reality.

      Company nameAsocacion de Guadas
      CEOMaria Duarte
      Founded2005-01-01
      LocationGuadas
      SectorManufacturing / Production
      Turnover€50,039.71
      Employees16

      Impact

      There is currently no information available for this section. Check the Summary tab for more details.

      • With this investment 4 jobs are created
      • With this investment 16 lives are improved

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      Sorry! You must be logged in to view this page.

      We have already contributed to Asocacion de Guadas

      Inge ter Horst
      Joop Singeling
      Richard Tee
      + and another
      16
      investors