Check out some available loans that are similar to this one!
Humberto Alfonso
Humberto is 46 years old and lives in Malambo, which is part of greater Barranquilla. He lives near the towns of Soledad, Sabanagrande and Saint Thomas, about five kilometres from the city airport. This location has a very special social makeup; its residents are a mix of people from all over the country who come there to work independently or at the Malambo Industrial Park. PIMSA is a private housing company that provides both infrastructure and services in the area. It guarantees cost reductions to businesses that set up in the industrial park. PIMSA also guarantees these businesses have enough available local workers. This is Humberto's neighbourhood. He is a husband and father of 3 children. The youngest is only 2, and the eldest 15. He works from home selling industrial and automotive lubricants. Humberto was first exposed to this field when he worked in a lubricant warehouse. When it closed, he was able to go into business with the help of its former suppliers. He took over much of the warehouse's old business and is now able to support his family. This is Humberto's first loan through the Mario Santo Domingo Foundation. He will use it to buy 35-40 gallons of new oils and lubricants. With this extra funding, Humberto hopes to get better discounts on his bulk purchases, expand his product line, and keep a good supply of his most popular products.
View original language description ↓
Humberto tiene 46 años de edad y vive en el centro de Malambo, municipio perteneciente al área metropolitana de Barranquilla a 5 kilómetros del aeropuerto de la ciudad, contiguo a las poblaciones de Soledad, Sabanagrande y Santo Tomás, lo cual hace de su composición social sea muy especial, debido a que en sus habitantes encontramos una mezcla gente de todo el país, que llega a trabajar de manera independiente mediante un negocio o en El Parque Industrial Malambo S.A. -PIMSA- condominio industrial privado de completa infraestructura de servicios, orientados a garantizar reducciones en los costos a las empresas que se ubiquen en sus instalaciones y que tienen garantizada la disponibilidad suficiente de mano de obra a las empresas de la zona.
Este es el ambiente de Humberto, un hombre en su condición de cónyuge y padre de familia de 3 hijos en las edades de 2 a 15 años, trabaja generando ingresos a través de un negocio, mediante el cual vende lubricantes en un punto comercial que ubicó en su propia casa. Su experiencia data desde cuando trabajó en un almacén de lubricantes como empleado y allí fue donde adquirió sus conocimientos y con su liquidación y con la ayuda de proveedores que ya lo conocían, empezó a surtir su negocio trasladando así su aprendizaje a lo que hoy le permite sostener a su familia. Su credikiva es el primer financiamiento que hace a la Fundación Mario Santo Domingo, con el comprará nuevas líneas de aceites y lubricantes en un numero promedio de 35 a 40 galones. Con esta inyección de capital de trabajo espera obtener buenos descuentos en su compra de contado y ampliar la oferta de productos que muchas veces piden y no tiene

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
  • 304
    View loans »
    Colombia Loans Fundraising
  • $13,796,725
    Funds lent in using Kiva
  • 1,760.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Humberto Alfonso buy a new line of oils and lubricants in 35-40 gallon quantities.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 22, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012