Check out some available loans that are similar to this one!
Yenny María
Yenny Maria G. Barreto runs a textile shop where she makes crochet backpacks in the city of San Jacinto, Bolivar, a population full of artisans and farmers where neighbors are very unified. She is married with a 10 year old son; her husband is a SENA nurse and has worked in hospitals; however, currently he is not working in the medical field and is running a moto-taxi service with his own vehicle. Yenny is requesting a loan of $800 which she will invest in the purchase of cloth to make school uniforms and take advantage of kids entering school; she will also use it to perform maintenance on her sewing machines and to buy thread to make her backpacks.

In spite of being only 29 years old, Yenny has worked in her shop since she was 17. Initially she worked with a friend who taught her the job, but later she took sewing classes and trained in the SENA how to embroider. She enrolled in the Foundation in 2008 and has grown her business; she has another sewing machine and offers great customer service. Her work has improved and she is very grateful for the loans she has received from the Foundation. Even though she still has difficult moments when sales drop and her family income drops, luckily she works in a shop where she is paid by her own production. Additionally, once when her husband was in an accident and she had to assume all household expenses, she was able to do it through her business. Yenny and her husband don't own their home but they do own a piece of land which they purchased with their savings. One of their goals is to build their own home and place her workshop in it. She also dreams of increasing her sales, studying fashion and having another child.
View original language description ↓
Yenny María García Barreto tiene un taller de modistería y produce mochilas en crochet en el municipio de San Jacinto-departamento de Bolívar, población de artesanos y agricultores, donde los vecinos son muy solidarios. Está casada y tiene un hijo de diez años; su esposo es enfermero titulado por el SENA y ha trabajado en hospitales, aunque en estos momentos no ejerce su profesión y se dedica al servicio de mototaxi con su propia moto. Yenny solicita un crédito de $1.500.000 que lo invertirá en la compra de telas para hacer uniformes escolares y aprovechar la entrada a los colegios; también piensa usar el crédito para hacer mantenimientos necesarios a sus máquinas y para comprar hilo para la elaboración de mochilas.
A pesar de sus 29 años, Yenny tiene este taller desde los 17 años: inicialmente trabajaba con una amiga con la cual aprendió su oficio, luego realizó cursos de modistería y se capacitó en el SENA en bordado a mano. Se vinculó a la Fundación en el 2008 y desde entonces ha ampliado el negocio y en la actualidad tiene otra máquina y presta un mejor servicio a sus clientes. Su forma de trabajar ha mejorado durante esta temporada y se siente muy agradecida de los créditos otorgados por la Fundación, aunque todavía hay momentos difíciles: en temporadas de ventas disminuidas cuando los ingresos familiares bajan, le toca trabajar en un taller de modistería donde la pagan por producción; o cuando en una ocasión se accidentó su esposo y los gastos del hogar los tuvo que asumir ella con las utilidades de su negocio. Yenny y su esposo aún no tienen casa propia, pero sí tienen un lote, el cual compraron con sus ahorros y una de sus metas es tener una casa de su propiedad con local incluído para adecuar allí su taller. Es más, sueña con aumentar las ventas, estudiar el diseño de moda y tener otro hijo.

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
  • 263
    View loans »
    Colombia Loans Fundraising
  • $13,601,850
    Funds lent in using Kiva
  • 1,930.6
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Yenny María purchase thread for embroidery on backpacks, cloth for school uniforms, and machine maintenance.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 26, 2010
Listed
Feb 25, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011