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Yamit Elena
Yamit is 32 years old and lives with her two children who are three and thirteen years old. They live in the San Jacinto municipality in the department of Bolívar. The area is known for its beautiful handicrafts such as hammocks, backpacks and accessories, among other elements of traditional culture that have been passed down from woman to woman.

This is the case for Yamit who learned from her mother when she was twelve years old. The handicrafts have helped in generating an income for the wellbeing of her home. The handicrafts Yamit makes are very good quality. The Servicio Nacional de Aprendizaje [National Training Service], with help from the national government, has been able to impact the quality by providing quality training in artisanal techniques.

Yamit’s dream is to increase her earnings each day so as to be able to continue studying and achieve her goal of becoming a nurse. However, her working capital is not sufficient to increase her production and therefore her sales. This is why she is getting a loan, her first with the Fundación Mario Santo Domingo, to buy thread to use in her vertical weaving of bags, hammocks and backpacks. She makes the crafts to respond to the orders made by her siblings who sell them on the Isla de Barú to the tourists.

Yamit works hard, making a great effort to increase her earnings while running her business at nothing less than a 58% profit margin which she plans to increase over time.
View original language description ↓
Yamit tiene 32 años de edad vive con sus dos hijos en las edades de 3 y 13 años, en San Jacinto, municipio del departamento de Bolívar, conocido por las bellezas de sus manualidades, convertidas en hamacas, mochilas accesorios entre otros artículos de tradición cultural transmitidas de mujer a mujer. Este es el caso de Yamit que aprendió de su madre cuando ella tenía 12 años de edad y le han ayudado a generar ingresos para el bienestar de su hogar. . Las manualidades producidas por Yamit son de muy buena calidad, pues el Servicio Nacional de aprendizaje con apoyo del estado nacional, han logrado impactarlas suministrando aprendizaje de calidad en el manejo de las técnicas artesanales. El sueño de yamit es aumentar cada día sus ingresos, para continuar estudiando y terminar su sueño de ser enfermera, pero no es suficiente su capital de trabajo para aumentar su producción y con ello su venta. Esta es la razón por la cual acude a su credikiva primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará hilos para elaborar en tejido vertical bolsos, hamacas y mochilas, los cuales serán elaboradas para responder a pedidos de sus hermanos quienes son los que venden a artesanías en la Isla de Barú a los turistas. Mientras Yamit trabaja esforzándose por aumentar sus ingresos manejando en su negocio una rentabilidad no menor al 58% que planea con el tiempo aumentar.

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
  • 360
    View loans »
    Colombia Loans Fundraising
  • $14,083,800
    Funds lent in using Kiva
  • 1,762.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Yamit Elena to buy thread to use in her vertical weaving of bags, hammocks and backpacks.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2011
Listed
Aug 2, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012