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Jaír Javier
Jair Javier V. Beltrán lives in Barranquilla’s very cheerful Simón Bolívar neighborhood. He is a home appliance merchant. He sells such items as: washing machines, sound systems and television sets. He has been in this line of work for 15 years. He started 10 years ago, when he was 20 years old, helping his mother sell; it was she who sent him to the Fundación.

This is his third loan with Fundación Mario Santo Domingo and he is asking for $1.300.000 to buy sound systems, washing machines and television sets that he has pending orders for.

Jair travels monthly to Maicao, a city on the border with Venezuela, to bring appliances that produce good profits for his business; he knows this market very well. He also has an uncle that lives in Aguachica, Cesar department, to whom he sends appliances on consignment. Jair travels to this city once a month to collect earnings from his sales.

The profits he has earned through loans from the Fundación have helped him to support his home where he lives with his parents and grandmother. His mother has a business and his father works as a welder repairing aluminum trash bins for a milk bottling plant.

Jair’s dream is that his business expands into other municipalities through his consignment system. He also has as a goal to have his own home.

Jair loves football and is an avid Juniorista (fan of Junior, Barranquilla’s team).
View original language description ↓
Jair Javier V. Beltrán vive en el muy alegre barrio Simón Bolívar de la ciudad de Barranquilla, es comerciante de electrodomésticos como lavadores, equipos de sonido y televisores. Tiene 15 años de estar negociando estos artículos y comenzó desde hace 10 años cuando tenía 20 años de edad, ayudando a su mamá a vender y ahora fue ella quien lo remitió a la Fundación. Este es su tercer financiamiento con la Fundación Mario Santo Domingo y está aplicando a $1.300.000 que quiere invertir en la compra de equipos de sonido, lavadoras y televisores que le han encargado.
Jair viaja mensualmente a Maicao, una ciudad fronteriza cerca de Venezuela para traer electrodomésticos que le dan una utilidad a su negocio pues conoce muy bien este mercado; el también tiene a un tío que vive en Aguachica en el departamento de Cesar a quien envía electrodomésticos por encomienda y Jair va una vez al mes a este municipio a traer el dinero producto de su venta. Las utilidades que ha recibido con los créditos otorgados por la Fundación, le han servido para ayudar al sostenimiento del hogar donde vive junto a sus padres y una abuela: su mamá tiene un negocio y su papá trabaja en la soldadura y reparaciones de canecas de aluminio en una empresa que se envasa la leche.
El sueño de Jair es que su negocio crezca incluso en otros municipios a través del mismo sistema de encomienda. También tiene una meta de tener una casa propia. A Jair le gusta mucho el fútbol y es un asiduo juniorista (entusiasta por Junior, el equipo de fútbol de Barranquilla).

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
  • 300
    View loans »
    Colombia Loans Fundraising
  • $13,968,900
    Funds lent in using Kiva
  • 1,924.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Jaír Javier to buy sound systems, washing machines and television sets.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2010
Listed
Mar 13, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011