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Gildardo De Jesus
Gildardo de Jesus C. P. lives in the town of Baranoa, located on the highway that goes from Barranquilla to Cartagena. He is 58 years old and married with 4 children, from 24-30 years old. He works makes saddles and leather goods in the town; he makes and sells wallets, saddles and farm tools. This is his second loan through Mario Santo Domingo Foundation; his previous loan helped him to buy his materials in greater quantities to increase his production and his sales. Now he is seeking a $800 loan to invest in his business and buy more materials like leather and iron fittings.

Gildardo was a veterinarian and he began his work on farms where, in addition to helping the animals, he began to repair the farm tools and saddles; finally, he decided to specialize in saddles and leather work through classes he took at SENA. Now he makes wallets, saddles and farm tools, creating his goods in the agricultural sector of Baranoa, Sabanalarga, and Barranquilla; in 2003, he moved to Baranoa, a region famous for its food and its Chicharron Festival. In spite of his success, he feels like one thing he lacks is working capital to increase his production; he dreams of buying a sewing machine that will help him better finish his products since he currently does it by hand.
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Gildardo de Jesús C. P. vive en el municipio de Baranoa, municipio ubicado en la carretera que conduce desde Barranquilla a Cartagena. Con 58 años, está casado y tiene cuatro hijos en las edades de 30 y 24 años. Se dedica a la talabartería y marroquinería en ese municipio, donde fabrica y vende, entre otros, billeteras, sillas para caballo y aperos. Este es su segundo crédito con la Fundación Mario Santo Domingo, el anterior le permitió comprar en mayor volumen de materias primas e insumos que incrementaron su producción y su mercado. Ahora solicita un crédito por valor de $1.500.000, con el fin de invertirlo otra vez en la compra de materias primas e insumos, como cueros y en herrajes.
El señor Gildardo era tecnólogo veterinario e inició sus trabajos en fincas donde además de prestar servicios para los animales, comenzó a reparar aperos de cabeza y sillas de caballo, hasta que posteriormente se especializó en talabartería y marroquinería en cursos que realizó con el SENA. Ahora elabora billeteras, sillas para caballo y aperos, creando su mercado en el sector agropecuario de Baranoa, Sabanalarga y Barranquilla después del 2003 cuando se mudó a Baranoa, zona gastronómica que se destaca por su Festival de Chicharrón. A pesar de sus éxitos considera que uno de sus principales es la falta de capital para incrementar la producción; por eso sueña con adquirir una máquina de coser que le permitiría dar un mayor acabado al producto, ya que actualmente este proceso se realiza a mano.

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

  • $11,100
    Average annual income
  • 496
    View loans »
    Colombia Loans Fundraising
  • $14,967,400
    Funds lent in using Kiva
  • 1,907.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Gildardo De Jesus purchase materials like leather and iron fittings.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 26, 2010
Listed
Mar 24, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011