A loan of $1,100 helped 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.

Silsa Isabel's story

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.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details