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Henry
Henry is 48 years old. He lives with his partner and their three children, ages 19 to 22, in the municipality of San Jacinto, in Bolívar department. This is the land of crafts, especially hammocks woven on a vertical loom, and beautiful backpacks, woven with fine thread.

Continuing the cultural tradition, two years ago, when his his children went to study in the city of Cartagena de Indias, he took advantage of that opportunity to start a business to support the added expenses of meals and lodging in that city. This was how, having them in Cartagena, he decided to sell crafts, as indeed he did, with their help.

Today he sells hammocks and bags, mainly to tourists, students and self-employed workers, to whom he sells without middlemen.

He makes his purchases for cash in small stores in the town, that acquire these products directly from the hands of the artisans in the region.

Currently, he is applying for a credikiva loan, his first from Fundación Mario Santo Domingo, with which he will buy hammocks, bags and various craft items that have been ordered through his pre-sales work.

With his credikiva, Henry will increase his sales and thereby his income, which is the main resource he has for improving his family's well-being.
View original language description ↓
Henry de 48 años de edad habita con su cónyuge y sus tres hijos en las edades e 19 a 22 años, en el municipio de San Jacinto-Departamento de Bolívar, tierra de las artesanías, especialmente de hamacas en tejido vertical y de hermosas mochilas en hilo fino.Él continuando la tradición cultural, hace 2 años cuando sus hijos fueron a estudiar a la ciudad de Cartagena de Indias, aprovechó esa oportunidad para iniciar un negocio que apoyara los gastos adicionales de manutención y estadia en esta ciudad,; fue así como teniéndolos a ellos en Cartagena decidió comercializar artesanías, como efectivamente lo hizo, apoyado por ellos; hoy comercializa hamacas y mochilas a turistas, estudiantes y trabajadores independientes principalmente, a quienes vende sin intermediariarios. Sus compras las realiza de contado en pequeños almacenes de la población, que adquieren estos productos directamente de las manos de las artesanas de la región. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará hamacas, bolsos, y artículos varios que han sido encargados, cuando realizó su tarea de preventa. Con su credikiva, Henry incrementará sus ventas y con ello sus ingresos, que son los principales recursos con los que cuenta para aumentar el bienestar de 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
  • 192
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 1,818.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Henry to buy hammocks, bags, and various craft items.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2012
Listed
Aug 24, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2013