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David Enrique
Mr David Enrique León V. is 48 and lives with his wife and three children in Barranquilla. He sells used clothing and shoes in a stall in the center of Barranquilla. He has been doing this work for 16 years. He started off helping his parents with this work. When his father passed away, he became his mother's main source of support. When she passed away, he became the owner of the business. David purchases merchandise from various providers in Barranquilla neighbourhoods who trade used clothing and shoes for cooking utensils such as pots, pans, bowls and glasses. His main customers are people with few resources from the city and peasants from rural areas. He always takes care to buy clothing that is in good condition, without tears, patches or stains. Sometimes he washes and irons them so that they are like new. Around his business there are other people who do the same work, but each one has their own providers and customer base. This is David's third loan with the Fundación Mario Santo Domingo and he plans to invest it in purchasing more used clothing and shoes. His daily sales average $100,000 and his margin of utility is 35%. The December season is the best of the year and he needs to increase his working capital. His wife also daily produces various lunches that she sells to merchants in the sector. David's greatest satisfaction is having been able to raise his three children without hardship, and having achieved the fact that next year his youngest daughter will graduate from nursing school. He says, with a great sense of humour, that selling used clothing and shoes allows his family to buy new clothes and shoes.
View original language description ↓
El señor David Enrique León V. tiene 48 años y vive con su esposa y tres hijos en Barranquilla. Se dedica a vender en un puesto estacionario del centro de Barranquilla ropa y calzado usados. Está vinculado a este oficio desde los 16 años cuando ayudaba a sus padres en la misma actividad. Al fallecer su padre, él se convirtió en la mano derecha de su madre y al morir ésta, quedó al frente del negocio. El señor David les compra la mercancía a varios proveedores que se dedican a cambiar en algunos barrios de Barranquilla ropa y calzado usado por utensilios de cocina como ollas, sartenes, calderos y vasos. Sus principales clientes son personas de escasos recursos de la ciudad y campesinos de zonas rurales. El siempre tiene el cuidado de comprar ropa que esté en buen estado, sin rotos, remiendos o manchas. Algunas veces le toca lavar y planchar las prendas para mejorar su apariencia. En su local tiene también un pequeño taller de zapatería en el cual repara el calzado que compra y lo deja como nuevo. Alrededor de su negocio hay otras personas que se dedican a lo mismo, pero cada uno tiene sus proveedores y su clientela habitual. Este es el tercer préstamo que el señor David tramita en la Fundación Mario Santo Domingo y planea invertirlo en comprar más ropa y calzado usado. El promedio de ventas diarias es de $ 100.000 y su margen de utilidad es del 35%. La temporada decembrina es la mejor del año y necesita aumentar su capital de trabajo. La esposa del microempresario también produce diariamente algunos almuerzos que vende a comerciantes del sector. La mayor satisfacción del señor David es haber podido criar sin penurias a sus tres hijos y lograr que el próximo año su hija menor se gradúe de enfermera superior. El dice con mucho humor que, vendiendo ropa y calzado usado, es que su familia puede comprar ropa y calzado nuevo.

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
  • 465
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,918.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped David Enrique to purchase more used clothing and shoes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2010
Listed
Dec 28, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012