A loan of $600 helped to buy string and materials for production.

Carmen Alicia's story

Carmen A. is a 35-year-old woman who lives in a town in the Bolívar municipality where handicrafts are part of the region’s economic culture. There she works weaving vertical hammocks, bags, and backpacks that she makes herself with her hands. She learned this work from her mother-in-law many years ago and since then has worked at this. Her home is made up of her husband, a big admirer of her weavings, who works as a teacher and between the two of them they support the maintenance of their home where they have three children between the ages of two and 16-years-old. Carmen is a woman who enjoys business and is always looking for new customers. Her limited working capital doesn’t allow her to respond to orders in a competitive manner because she often has to go to the stores selling materials because she doesn’t have them. Her customers are located in the city of Barranquilla and she also has tourist customers who she always tries to meet the needs of, though sometimes without getting the good selling prices she would like. Carmen has received two loans from the Mario Santo Domingo Foundation and with these has been able to increase her working capital and add a business selling cell phone minutes as another way to generate additional income. With her credikiva she will buy basic materials to make hammocks, bags, and backpacks. She has family members in Barranquilla who help her sell her products and who have requested orders. Her biggest challenge is responding to her customers with the designs that they request, because of this she works every day to increase her working capital while increasing her profits which are at or above 52%.

Translated from Spanish by Kiva volunteer Anna Ruby Waxham Blackwell

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