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Orlando Enrique
Orlando is a 43 year-old, married man who has two children aged 10 and 16. He and his wife do not tire in working to provide for their children's well-being. Orlando lives in the very center of Malambo, a town which is located 15 minutes from the city of Barranquilla. Malambo is a place where many people come to live from all corners of the country. In the neighborhoods of this town, there are a lot of informal businesses. One can also find the Malambo S.A. "Pimsa" industrial park where motorboats come from the US, Central and South America and the Caribbean.

Orlando has been in business renting out washing machines for 11 years. His wife is also a hard-working woman who has culinary skills which she uses in her business making cakes and selling soft drinks on a weekend. These two businesses have allowed the couple to make income for the well-being of their household. They have gradually expanded their businesses and made important investments in order to help them grow such as, for example, when they bought a cooler and a heated display case, to provide their small businesses with a good image. They have also made the most of their customer base in order to sell their customers cell phone minutes too. This makes them additional income. They also bought a motorcycle taxi which is a common type of vehicle in this area and is used to transport passengers.

This Kiva loan is Orlando's first loan through Fundación Mario Santo Domingo. He will use it to buy four additional washing machines and supplies for making cakes. His washing machine service has expanded and he often loses customers because he cannot respond in a timely fashion to the great demand that he has. As a result of this investment, Orlando hopes to improve his profitability and strengthen both his own and his wife's business so that their children can be successful.
View original language description ↓
Orlando es un hombre de 43 años casado, que tiene 2 hijos en las edades de 10 y 16 por los cuales él y su cónyuge no se cansan de trabajar para brindarles bienestar. Orlando vive en pleno centro de Malambo, un municipio a 15 minutos de la ciudad de Barranquilla, receptor de muchas personas que vienen desde todos los rincones del país; en este municipio abundan en sus barrios las actividades informales y también se encuentra ubicado el parque Industrial de Malambo S.A. “Pimsa” donde ingresan Motonaves Marítimas procedentes de Estados Unidos, Centro y Sur América y el Caribe.
Orlando tiene el negocio de alquiler de lavadoras desde hace 11 años, su esposa también es una mujer trabajadora, con habilidades culinarias que pone en marcha dedicándose al negocio de preparar pasteles los fines de semana y vender refrescos. Estos dos negocios les ha permitido obtener ingresos con los cuales han logrado el bienestar de su hogar; Gradualmente se han expandido, consiguiendo hacer inversiones importantes para su crecimiento, como cuando compraron el enfriador y una vitrina calentadora, para dar una imagen de calidad a su microempresa. Así mismo han aprovechado su clientela para vender minutos a celulares, generando ingresos adicionales, así como también compraron una moto taxi, vehículo muy usual en esta población, para transportarse. Su credikiva es el primer financiamiento que Orlando hace a la Fundación Mario Santo Domingo, con el comprará 4 lavadoras más, e insumos para la preparación de sus pasteles, pues su cobertura en el servicio de lavadoras se ha ampliado y muchas veces pierde clientes porque no puede responder oportunamente a la gran demanda que se presenta. Con esta inversión espera mejorar la rentabilidad y fortalecer su trabajo y el de su esposa como independientes para que sus hijos se proyecten con mucho éxito.

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
  • 249
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,778.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Orlando Enrique to buy four additional washing machines and supplies for making cakes.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2011
Listed
Jul 7, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012