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Juan Carlos
Juan Carlos M. Pinillo’s success story is impressive. The 41-year-old man lives in Barranquilla’s Modelo neighborhood. He has reached several goals in the two short years he has been associated with Fundación Mario Santo Domingo.

When he joined in 2007 he went from being an independent merchant to establishing his phone call service. Despite starting out with a borrowed cell phone and not being very successful at selling service minutes near the university, he kept trying in other parts of town and he set himself up for business in his home.

He used his two prior loans to buy computers that today make up the core of his Internet café business. In addition to his four computer Internet service, he has four phone lines available and also sells soft-drinks, candy and snacks.

He is currently asking for a $2.300.000 loan to buy a photocopying machine and another computer which will allow him to provide better service.

He feels that he has grown a lot in the two years that he’s had his business; that the training opportunities have helped him quite a bit and he has become better organized in his business thus producing higher income for his family.

Despite his success, however, he sometimes feels that he doesn’t have the necessary resources to have more equipment and enlarge his business as he’d like to in order to meet increased customer demand.

In addition to facing this challenge, his goal is to enlarge his business to have everything related to stationery. He also dreams with owning his own house because he and his family currently live in an uncle’s house.
View original language description ↓
La historia de Juan Carlos M. Pinillo, un hombre de 41 años de edad del barrio Modelo de Barranquilla, es de un éxito impresionante, ya que ha logrado muchas metas en los dos años cortos que está vinculado a la Fundación Mario Santo Domingo. Cuando ingresó en a finales del año 2007 pasó de ser comerciante independiente a iniciar un negocio de llamadas. A pesar de haber empezado con un celular prestado y de no haber tenido tanto éxito vendiendo minutos cerca de una universidad, siguió intentándolo en otras partes y se estableció en su casa. Usó sus dos créditos anteriores para comprar los computadores que hoy en día forman parte principal de su café Internet. Al lado del servicio de Internet con sus cuatro computadores, sigue vendiendo minutos con sus cuatro líneas telefónicas y también se dedica a la venta de refrescos, dulcería y pasabolas. El crédito que actualmente solicita es de $2.300.000 que invertirá en la adquisición de una fotocopiadora y la compra de otro computador, que le permitirán prestar un mejor servicio.
En los dos años que tiene su negocio, siente que ha crecido mucho en muy corto tiempo, que las posibilidades de capacitaciones le han ayudado mucho y que se ha organizado en su negocio y aporta más dinero a su familia. A pesar de su éxito, considera algunas veces que no posee todos los recursos disponibles para tener más equipos y ampliar el negocio como lo desea, ya que sus clientes tienen mayores exigencias. Además de enfrentar este desafío, su meta es de ampliar y llegar a vender todo relacionado con papelería; y sueña con comprar una casa propia, ya que actualmente vive con su familia en casa de un tío.

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
  • 175
    View loans »
    Colombia Loans Fundraising
  • $13,230,600
    Funds lent in using Kiva
  • 1,930.7
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Juan Carlos to buy a photocopying machine and a computer.
100% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2010
Listed
Mar 25, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 26, 2011