Let us assume Velva (as in Aqua Velva, the aftershave used by my beloved late grandfather) is related to velvet.
According to *
Charlton T.
Lewis,
An Elementary Latin Dictionary* Velvet is related to the Latin villus "shaggy hair, nap of cloth, tuft of hair" and is probably a dialectal variant of vellus "fleece."
Could this be related to the Greek êñþâõëïò (krovylos) meaning "tuft of hair"? (Liddell-Scott)
Furthermore, could both vellus and krovylos be related to the Greek erion/eiros (wool)? Liddell-Scott does make a connection between vellus and eiros. It is pretty commonplace for the letter "r" in one Greek dialect to be adapted as an "l" in another as well as in Latin.
On a more mundane note, Velva i also a town in South
Dakota.