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Castorina
Castorina Vélez Hernández is a 53 year old woman with two children who are 13 and 19 years old, and she does nothing other than work, work, and work in order to provide for her family. Since she was 16 years old, she helped her mother with the art, which she inherited from her, and so now it's the most important source of income for her: making sports clothes. She developed her entrepreneurial ability with her mother and learned to be independent, and this is foundation for the success she now has as a clothing-maker.

Castorina has received three loans from Kiva partner Fundacion Mario Santo Domingo, and with her CrediKiva loan, she will buy fabrics and supplies to fill orders that she has for school uniforms and sports clothes. In her three years of being a customer of this organization, she has made substantial changes, such as having working capital, which she didn't have before and always being excited to get new customers. This shows in her increased sales. Her biggest dream is to grow her business, have her own store, and become known at the local level for her designs. Her constant challenge is to survive in the marketplace through innovation and good service, plus, she wakes up every day and thanks God for allowing her to continue working after an accident that almost bankrupted her, but this is already a problem that she has overcome, and now she is always looking for new horizons that will help her create a successful future for her family.
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Castorina Vélez Hernández, una mujer de 53 años de edad con dos hijos en las edades de 13 y 19 años, que no hace más que trabajar, trabajar y trabajar para sacar a su familia adelante. Desde que tenía 16 años ayudó a su mamá en el arte, que de ella heredó, y que hoy, es la fuente de su ingreso más importante: la confección de ropa en la línea deportiva. Con su madre desarrolló su potencial emprendedor y aprendió a ser independiente y esto es la base del éxito que hoy tiene como confeccionista.
Castorina ha recibido tres créditos de la Fundación Mario Santo Domingo y con su credikiva comprará telas, e insumos, para responder a los contratos que tiene de hacer uniformes escolares y ropa deportiva. En sus tres años de ser cliente de esta organización, ha logrado cambios sustanciales como el de tener un capital de trabajo con el que antes no contaba, entusiasmarse permanentemente para conseguir clientes, y esto se refleja en el aumento del volumen de sus ventas. Su sueño más adelante es ampliar su negocio, tener un local propio y darse a conocer a nivel local por sus diseños. Su desafío constante es sostenerse en el mercado con innovación y buen servicio, además de despertarse cada día y dar gracias a Dios por haber podido continuar trabajando a pesar de un accidente que casi logra descapitalizarla, pero esto es hoy un problema ya superado y ahora está en la búsqueda permanente de nuevos horizontes , que le ayuden a tener un futuro exitoso para su familia.

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
  • 235
    View loans »
    Colombia Loans Fundraising
  • $13,363,950
    Funds lent in using Kiva
  • 1,809.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Castorina purchase fabric and supplies to fill orders and make school uniforms and sports clothing.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 29, 2010
Listed
Sep 30, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 21, 2011