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Silsa Isabel
Silsa García, a 54 year old woman, lives with her husband. She has three children whose ages range from 27 to 35. She is from her native San Jacinto, a town in Bolívar department known for its crafts, especially hammocks, backpacks, hats and accessories. Silsa has several businesses there that are typical of her birthplace: she makes artisanal corn dough and bread rolls, sells hammocks, backpacks, caps and bags woven from thread and/or yarn on her vertical loom and sells beauty products from specialized catalogues. She has gathered many customers through her crafts who also ask for these products to improve their appearance.

Since very young Silsa has been in these activities which she learned as part of her family tradition which she now passes on to her daughter and granddaughter who also learned to weave and help her with the business. Her market is in San Jacinto and in the city of Bogotá, capital of Colombia, where her son lives and also helps her getting contacts to sell her items.

This is her second loan and she needs part of it to buy ten pounds of fine thread for the school backpacks, 12 packages of cotton yarn and two packages of cordage to make hammocks she has on order. She will use the other part of it to buy 20 bundles of corn to make dough and rolls taking advantage of the increase in salespeople the start of the approaching school term will produce, especially with regard to the prepared dough.

The rest of the loan will be used to buy a motorized mill to facilitate and make her corn grinding more efficient. She will buy beauty products which her customers have ordered also.

Silsa is very good at investing and that’s why she reaps fruits from her labor. Her profit margin on sales is 23% and her profits have maD. it possible for her to purchase several home appliances, a display case for the business, two washing machines she leases out generating additional income.

All of the above produces much enthusiasm for her to help her husband with his work in the fields and to invest her profits generating wellbeing for her home because she’s and excellent family member.
View original language description ↓
Silsa García mujer D. 54 años, vive con su esposo y tiene 3 hijos en las edades D. 27 a 35 años, en su natal San Jacinto, población del departamento D. Bolívar reconocida por sus artesanías, especialmente hamacas, mochilas, sombreros y accesorios. Allí Silsa tiene varios negocios autóctonos D. su tierra: fabricación D. masa y D. bollos o amasijos D. maíz preparados artesanalmente, venta D. hamacas, mochilas gorros y bolsos tejidos con hilo y/o hilaza en telar vertical y productos D. belleza mediante guías especializadas, pues ha ganado mucha clientela en las artesanias, que también le solicitan estas mercancias para realzar su imagen.
DesD. muy joven Silsa se dedicó a estas actividades, aprendidas por tradición familiar y así mismo las transmite haciendo participes en su negocio a su hija y su nieta, que tambien aprendieron a tejer y apoyan su gestión; porque su mercado está en San Jacinto y en la ciudad D. Bogotá, capital D. Colombia, donD. vive su hijo que la ayuda, consiguiendo los contactos para la comercialización D. sus productos.
Este es su segundo financiamiento y requiere una parte para comprar, diez libras D. hilo fino para mochilas escolares, doce paquetes D. hilazas D. algodón y dos paquetes D. pitas para fabricar hamacas que le han encargado; otra parte la utilizará para comprar 20 bultos D. maíz y preparar masa y bollo, aprovechando que aumentan los vendedores en las jornadas escolares que se avecinan y que son sus principales clientes, en especial los D. la masa preparada; el resto del crédito lo invertirá en la compra D. un molino D. motor, para facilitar y hacer mas efectivo su tarea D. molienda D. maíz y comprará productos D. belleza, igualmente encargados por sus clientes.
Silsa sabe invertir muy bien y por eso recibe los frutos D. su trabajo, su rentabilidad sobre las ventas es D. un 23% y con ellas ha logrado comprar electrodomésticos varios, una vitrina para el negocio, dos lavadoras que alquila, generando otro ingreso y todo esto le genera un gran entusiasmo para ayudar a su esposo en las labores del campo e invertir sus utilidades y generar bienestar para su hogar porque ella es una excelente miembro D. 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

  • $11,100
    Average annual income
  • 488
    View loans »
    Colombia Loans Fundraising
  • $15,259,900
    Funds lent in using Kiva
  • 1,842.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Silsa Isabel for fine thread for school backpacks, packages of cotton yarn, packages of cordage to make hammocks, bundles of corn, a motorized mill and beauty products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 26, 2011
Listed
Jan 26, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012