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Ketty Judith
Ketty Álvarez Vásquez has various businesses. She sells merchandise, telephone minutes, and she sells food with her mother. But, her main job is making handicrafts that are common in San Jacinto Bolívar. It is a municipality that is known for the quality of its hammocks, backpacks, and purses. The women generally make handicrafts, and the men work in the fields. She has three children between 21 and 16 years old. She lives with her life partner. He performs maintenance and paints refrigerators and other domestic appliances.

Ketty is requesting a loan for 1,500,000 COP to buy thread to weave hammocks. She will also buy merchandise. She associated with the Mario Santo Domingo Foundation in 2008. From then on she has learned to manage her debts, which she demonstrates with her very punctual payments. During this time her family income has increased a lot, and her living conditions have improved. Also, thanks to the Foundation, she has a business selling minutes.

She has had difficult situations because of an accident her son had. She had to take a little money out of the business for some time. Nevertheless, she concentrates on her dreams of improving her house, increasing her income by expanding the sale of merchandise, promoting handicrafts, and giving her daughters an education. She is very grateful to belong to the Foundation as a user of their services.
View original language description ↓
Ketty Álvarez Vásquez tiene varios negocios: vende mercancías, minutos telefónicos y junta con su mamá comidas, pero su principal oficio es la producción de artesanías, que son comunes en San Jacinto Bolívar, un municipio reconocido por la calidad de sus hamacas, mochilas y bolsos, donde en general las mujeres realizan artesanías, mientras los hombres se dedican a labores de campo. Tiene tres hijos entre 21 y 16 años de edad y vive con su cónyuge que se dedica a hacer mantenimiento y pintura de neveras y otros electrodomésticos. Ketty solicita un crédito con monto de $1.500.000 que invertirá en la compra de de hilos para tejer hamacas y tambien comprar mercancías. Ella se vinculó con la Fundación Mario Santo Domingo en el año 2008 y manifiesta que desde entonces ha aprendido manejar las deudas, hecho que se demuestra en sus pagos muy puntuales. Durante esta época tanto han aumentado sus ingresos familiares, como han mejorado las condiciones habitacionales. Además, tiene el negocio de venta de minutos gracias a la Fundación. Ha tenido situaciones difíciles debido a un accidente del hijo en el cual descapitalizó un poco su negocio hace ya un tiempo; sin embargo, se concentra en sus sueños de mejorar su vivienda, aumentar los ingresos ampliando la venta de mercancías, promocionando sus artesanias y en brindarles educación a sus hijas. Se siente muy agradecida de pertenecer a la Fundación como usuaria

Additional Information

About Fundación Mario Santo Domingo

Fundación Mario Santo Domingo (FMSD) is a non-profit organization in northern Colombia dedicated to developing programs for the country’s poorest communities. In addition to numerous social services, FMSD runs a microfinance program to strengthen micro-businesses in the areas where it works. The organization also offers several non-financial components as part of this program, including training to help entrepreneurs start their own businesses.

About Colombia

  • $6,070
    Average annual income
  • 294
    View loans »
    Colombia Loans Fundraising
  • $13,948,100
    Funds lent in using Kiva
  • 1,930.6
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Ketty Judith buy thread to weave hammocks, and also buy merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 26, 2010
Listed
Feb 25, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011