Check out some available loans that are similar to this one!
Luis Carlos
Luis Carlos Rodríguez is 43 and lives in Villa Katanga, a suburb of Soledad with his wife and his 2 children who are 15 and 9 years of age. His house has been adapted into a store where he has 12 computers, each in their own wooden cabinets and operates 3 mobile phone lines. With these he offers internet and phone services to local, national and international destinations. As in Villa Katanga and its surrounding areas there are few businesses that offer internet services, and it is very economical to make calls to mobiles, Luis Carlos' store is always very full of customers who come from several areas nearby. Most of the time they have to wait for the equipment to become free, so that they can access the services he offers. This is the reason why he is asking for his third loan, because he wants to buy computer equipment and systems and a couple of telephone lines.
Luis Carlos started out as an entrepreneur in 1997 when he used to sell records door to door and his business already had a name, “Discos Carlos”. It was then that he started his relationship with the Mario Santo Domingo Foundation with a $600,000 loan and he started up a record shop in his home. After a time he changed business, when selling records stopped being a good business. Therefore he suspended his loans and later when he started the business he currently has, three years ago, he began his credit relationship with this organization again. And that was how he allocated a space in his home for his new business and since he received his loan his life has changed, because he was able purchase his home and buy fixed assets. His new dream is to consolidate his business and make it the preferred site for his customers. His biggest challenge is to buy a home to separate his commercial space from his family life.
View original language description ↓
Luis Carlos Rodríguez tiene 43 años y vive en Villa Katanga un barrio de Soledad, con su cónyuge y sus 2 hijos de 15 y 9 años de edad; en su casa adecuó un local donde tiene 12 computadores en sus respectivas cabinas de madera y maneja 3 planes de celulares, con los que ofrece servicios de internet y telefonía a destinos locales nacionales e internacionales. Como en villa Katanga y sus alrededores son pocos los negocios que ofrecen servicios de Internet, y resulta muy economico hacer llamadas a celulares, el local de Luis Carlos permanece muy lleno de clientes que vienen de varios sectores aledaños, los muchas veces tienen que esperar a que se desocupen los equipos, para acceder a los servicios ofrecidos; esta es la razón por la que él solicita su tercer crédito, porque quiere comprar un equipo de cómputo con sus respectivas instalaciones y un par de planes de líneas telefónicas.
Luis Carlos se inició como emprendedor en el año 1997 cuando vendía discos puerta a puerta y ya su negocio tenía un nombre, “Discos Carlos”, fue en ese entonces cuando empezó su relación con la Fundación Mario Santo Domingo con un crédito de $600.000 y pasó a tener su disquera en su casa, tiempo después cambió de actividad, cuando vender disco dejó de ser un buen negocio; asì fue como suspendió sus créditos y posteriormente cuando emprendió el negocio que en la actualidad tiene, hace tres años, volvió a iniciar su relación crediticia con esta organización. Asì fue como asignó en su vivienda un espacio para su nuevo negocio y desde que recibió su crédito su vida ha cambiado, porque pudo adquirir su vivienda y comprar activos fijos. Su nuevo sueño es afianzar su negocio y hacerlo un sitio preferido por sus clientes. Su mayor desafío es comprar una vivienda para separar su espacio comercial de su vida familiar.

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
  • 288
    View loans »
    Colombia Loans Fundraising
  • $13,892,025
    Funds lent in using Kiva
  • 1,977.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Luis Carlos to buy computer equipment and systems and a couple of telephone lines.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 12, 2010
Listed
May 17, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011