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Carmen
Carmen, 53, lives with her husband and has four grown children. Eighteen years ago, she began making handicrafts and leather goods, a profession she started learning when she took a weaving class at a religious school when she was 10. She also learned cooking and other crafts, which became her main source of income as an adult. People began to take notice of her merchandise, and over time she bought equipment for her house, including an over-stitch machine. Her friends recommended her, and she has built a market that supports her.

Carmen makes a variety of artesania, leather goods, painted frames, mulit-use items, underwear, biscuits, and even special foods in her workshop. She sells for cash and also offers credit terms of one month. She pays cash for her supplies at specialized warehouses that offer fittings, accessories, and more.

Her goal is to expand and eventually buy a house at the corner, where she can boost sales, feel more comfortable, and better serve her customer. She is applying for her first Kiva loan through Fundación Mario Santo Domingo, which she will use to buy leather, acrylic boards, steel knives, a millstone, grinders, glues, fittings, hemp, and frames. Her biggest challenge is to keep supporting her children in their college studies.
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Carmen de 53 años de edad vive con su cónyuge y tiene 4 hijos adultos; desde hace 18 años se dedica a la elaboración de artesanías, manualidades y artículos de marroquinería, actividades aprendidas gradualmente desde los 10 años de edad cuando inició el aprendizaje del tejido en un colegio religioso en el cual estudió. Así mismo aprendió culinaria, y las diversas manualidades que al cumplir su mayoría de edad las convirtiera en una forma de generar ingresos, pues quienes la conocían empezaron a interesarse en sus productos, y poco a poco fue comprando su máquina fámiliar, luego una fileteadora y así mismo ha sido referenciada por sus amigos, hasta lograr construir un mercado que ha sostenido a lo largo del tiempo. En el taller de Carmen, practican varias líneas artesanales, marruqinería, pintura de cuadros, biscochos, elaboración de multiusos, ropa interior y hasta comidas especiales algunas veces. Sus ventas las realiza de contado y también a crédito otorgando un plazo de pago de 1 mes. La compra de sus materias primas e insumos las realiza de contado en almacenes especializados de herrajes, accesorios etc. Su meta es ampliarlo y más adelante adquirir una casa ubicada en esquina, que pueda potencializar su venta y sentirse mas cómoda y generar confort a su clientela. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará cuero, tablas acrílicas, cuchillo acerado, piedra de moler, lijas, pegantes herrajes, fique marcos etc. Su mayor desafío es continuar apoyando a sus hijos para que logren estudios superiores de calidad.



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
  • 472
    View loans »
    Colombia Loans Fundraising
  • $15,262,800
    Funds lent in using Kiva
  • 1,813.2
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $650 helped Carmen to buy leather, acrylic boards, steel knives, a millstone, grinders, glues, fittings, hemp, and frames.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2013
Listed
Mar 6, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014