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Juan Alberto
Juan Alberto L. F., 55, is married and joyful to have four children between the ages of 26 and 32 years, two of them twins. He is a man who 20 years ago learned how to make men’s clothing like pants, shirts and blouses, in a family workshop. Gradually he has moved into working independently with help from his sister who has been a very good collaborator.

Currently he is very well known in his area, La Playa, where he lives with his wife. He has a good number of customers and contracts thanks to the excellent quality of the clothing items he manufactures.

Because Juan Alberto is a man with many ideas a year ago he acquired three washing machines with profits from his sewing because he recognized a new way to earn income for his family by providing a service that would make housewives’ work easier: washing machine rentals. He has done quite well with this new business because he has little competition in this area.

He needs a Kiva loan, his third loan with Fundación Mario Santo Domingo, because the end of year festivities are approaching and he must be prepared to make the more elegant items his customer families will require. He needs to buy fabric and sewing supplies as well as to buy three more washing machines for his other business.

Juan Alberto has noticed changes in his business since becoming affiliated with Fundación Mario Santo Domingo a little more than two years ago. For example, his profits have increased and with them he was able to buy a motorcycle that generates still more income because he offers transportation services. He created another business: the washing machine rental services and he has also been able to buy larger amounts of raw materials and supplies he would not have been able to do on his own.

His dream now is to have a boutique where his own clothing creations may be displayed.
View original language description ↓
Juan Alberto L. F., tiene 55 años es casado y con la felicidad de tener 4 hijos en las edades de 26 a 32 años, dos de ellos gemelos. Es un hombre que desde hace 20 años aprendió el ofcio de confeccionar ropa para caballeros, como pantalones de hombres, camisas y blusas, en un taller familiar y gradualmente se ha ido dedicando a ello de manera independiente de la mano de sus hermana que ha sido un muy buen apoyo.

En la actualidad Juan Alberto es muy reconocido en el sector de la Playa, donde vive con su cónyuge y tiene un buen número de clientes y contratos por su excelente calidad en las prendas que fabrica. Como Juan Alberto es un hombre de muchas idas desde hace un año adquirió 3 lavadoras producto de las utilidades generadas por su confección, pues observó una nueva oportunidad de ingreso para su familia si respondía a la necesidad de facilitarle el trabajo doméstico de las amas de casa, mediante el servicio de alquiler de lavadoras. Con este nuevo negocio le ha ido muy bien porque el sector es de poca competencia. En la actualidad requiere su credikiva, tercer crédito con la Fundación Mario Santo Domingo pues ya vienen las fiestas de fin de año y debe preparase para elaborar la mas elegante ropa para las familias clientes, comprando telas e insumos de confección y también va a comprar 3 lavadoras mas para aumentar la efectividad de su otra idea de negocio.

Juan Alberto ha manifestado cambios en su negocio desde que se vinculó como cliente de la Fundación Mario Santo Domingo desde hace algo mas de 2 años, ha logrado por ejemplo aumentar sus utilidades y con ellas comprar una motocicleta que le genera otro ingreso pues ofrece el servicio de transporte, crear otro negocio como el de alquiler de lavadoras y también ha podido comprar en un mayor volumen las materias primas e insumos que no hubiera podido lograr él solo. Su sueño ahora se centra en tener una boutique donde su propia ropa se encuentre en exhibición.

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
  • 139
    View loans »
    Colombia Loans Fundraising
  • $12,792,775
    Funds lent in using Kiva
  • 1,801.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Juan Alberto for fabric and sewing supplies. He will also buy three washing machines to increase efficiency in his other business.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2010
Listed
Sep 22, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012