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Orlando
Everyone in Barnaoa, Atlántico department's second city, knows Orlando Suarez S. Bolívar because he manufactures and sells bricks.

He started the business in 2003 with the construction of a house using bricks he, himself, made with a leased mold. From that day forward, his repute swept through town and demand for his product grew. Orders from his neighbors, as well as from nearby hardware stores (with which he is still in business), were quick to appear. Thus started his brick factory. Once he got his own molds and work tools he hasn't stopped working in this firm, which produces enough income to meet all his expenses; in addition, it daily provides him with the satisfaction of knowing that homes are built with his bricks.

This is the reason behind his asking for funding, in the amount of $800.000, to buy raw materials, particularly cement and sand, to make the bricks he sells.

His dream is to organize his business in a site where he can both set up his production process and keep a larger stock of product. His constant challenge is not having sufficient capital for this purpose but he knows that, with discipline, he will gradually build it.
View original language description ↓
En Barnaoa, segundo municipio del Departamento del Atlántico, todos conocen a Orlando Suarez S. Bolívar, porque hace bloques para la venta; su negocio lo inició en el año 2003 al construir una casa familiar, con bloques que él mismo elaboró utilizando un molde arrendado; desde ese momento se dispersó en el pueblo su saber y la demanda de este producto fue en aumento, porque los pedidos de sus vecinos no se hicieron esperar, así como los de algunos negocios cercanos como ferreterías, con las cuales aun sigue negociando; así comenzó su bloquera, una vez adquirió sus propios moldes y herramientas de trabajo y desde entonces no ha dejado de trabajar en esta empresa de donde salen todos sus gastos y diariamente brinda satisfacciones al sentir que las viviendas son construidas con sus bloques . Esta es la razón por la cual aplica a un crédito por valor de $800.000 que invertirá en la compra de materia prima para elaborar los bloques que vende,especialmente de cemento y arena.
Su sueño es organizar su negocio mediante la construcción de un local donde montar su proceso y mantener una mayor producción. Su desafío constante es el no tener mucho capital de trabajo para este propósito, pero sabe que poco a poco con disciplina lo irá construyendo.

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
  • 544
    View loans »
    Colombia Loans Fundraising
  • $14,658,975
    Funds lent in using Kiva
  • 1,942.9
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Orlando to buy brick-making raw materials, especially cement and sand.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2010
Listed
Feb 26, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011