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Gilberto Rafael
Gilberto Rafael M. Hernández is 50 years old and lives in the Moras IV Etapa neighborhood in the town of Soledad, south of Barranquilla. He says that his neighborhood is relatively safe with very cooperative neighbors. He is married and has a 28 year old son. He has a business in his home where he sells merchandise, espcecially clothing and shoes. He does this with his wife and it is why he is asking for a loan of $1.600.000, to buy the described merchandise.

Gilberto used to work with furniture and products for the home. He also worked as a messenger for 17 years until 1997, when he stopped because the business went broke. When he received his severance, he began to travel to Magangue, a town in the department of Bolívar on the shores of the Magdalena river, the most important river in Colombia. Gilberto would bring fish from Magangue which he would sell. His wife also would make and sell bolis, a type of Colombian ice cream. She sells it now in the Estadio Metropolitano when there are soccer games. In addition to selling the bolis, both of them sell ice cream, candy and merchandise such as clothes, shoes and acccesories from the house.

This is his second loan and he invested the last one in improving the selection of merchandise in his business. In the future, he dreams of having a bigger business in a good location. Setting it up is also his biggest challenge since money is required. Additionally, his goal is to establish a workshop for his son, who is taking classes in automotive technology and vehicular gas technology in the SENA, a national organization that encourages learning.
View original language description ↓
Gilberto Rafael M. Hernández de 50 años de edad vive en el barrio Moras IV Etapa del municipio de Soledad, municipio al sur de Barranquilla y dice que su barrio es relativamente sano con vecinos muy colaboradores. Está casado con un hijo de 28 años de edad. Tiene un negocio en su casa donde vende mercancía, especialmente ropa y calzado, junto con su esposa y justamente quiere financiación por valor de $1.600.000 para comprar la mercancía descrita.
Antes Gilberto trabajaba con muebles y productos de hogar y se desempeñó también como mensajero durante 17 años hasta el año 1997, cuando se retiró por quiebra de la empresa. Al recibir su liquidación empezó a viajar a Magangue, municipio en el departamento de Bolívar en las orillas del río Magdalena, el río más importante de Colombia. De Magangue Gilberto traía pescado que vendía y también su esposa elaboraba y vendía bolis, una variedad de helado colombiana, que actualmente ella vende en el Estadio Metropolitano cuando hay partidos de Futbol. Simultáneamente además de los bolis, los dos venden en su casa helados, dulces y mercancía como ropa, calzado y detalles.
Este es su segundo crédito e invirtió el anterior en mejorar el surtido de mercancía en el negocio. Más adelante, sueña con tener un negocio más grande con buena localización: montarlo es también su mayor desafío ya que requiere dinero. Además, su meta es implemetarle un taller a su hijo, que está estudiando cursos de tecnólogo de autotécnica y técnico en gas vehicular en el SENA, órgano nacional que fomenta el aprendizaje.

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
  • 200
    View loans »
    Colombia Loans Fundraising
  • $13,129,225
    Funds lent in using Kiva
  • 1,907.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Gilberto Rafael to purchase merchandise, especially clothes and shoes.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 26, 2010
Listed
Mar 25, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011