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Hector
Hector is 48 years old, lives in the city of Barranquilla, and has two children, ages 9 and 15. He has a business where he offers repair and assembly services for office equipment and domestic appliances. He learned this trade at 12 years old, when he frequented the workshop of his uncle, who did repair and maintenance on jukeboxes.

Later he learned this job technically in school, where he was trained as an electrical technician. When he finished these studies he began his own venture, doing repairs to recorders and sound equipment, then moving onto television sets. When he learned digital electronics he expanded his level of ability and continued with the maintenance and reparation of computers and microwaves.

Working at the same time as an employee in a company for six years complimented his training and experience. Although he actually offers these services to the company, he has gained new business clients from many companies who now know him and pay him for maintenance every 8 or 45 days. In reality he is planning a major growth of his company's infrastructure.

This is the reason why he is turning to the loan organization, his first financing through the Mario Santo Domingo Foundation. With the loan he will buy parts and materials, like hard drives, memory, and power sources, among other items necessary for the service he offers.
View original language description ↓
Héctor de 48 años, vive en la ciudad de Barranquilla y tiene 2 hijos en las edades de 9 y 15 años de edad; él tiene un negocio donde ofrece el servicio de reparación y montaje de equipos de oficina y electrodomésticos, negocio que aprendió desde sus 12 años de edad cundo frecuentaba el taller de su tío quien hacia reparación y mantenimientos de rokolas y posteriormente aprendió este oficio técnicamente en una academia, donde se preparó como técnico electrónico y cuando finalizó sus estudios emprendió su propia aventura, haciendo reparaciones a grabadoras y equipos de sonido, pasando por televisores y cuando aprendió electrónica digital amplió su rango de acción y continuó con el mantenimiento y reparación de computadores y microondas. Simultáneamente trabajado como empleado durante 6 años en una empresa complementó su aprendizaje y experiencia, aunque en la actualidad ofrece estos servicios a esta empresa, pero además ha logrado nuevos clientes empresariales de muchas empresas que aun lo reconocen y le pagan por el mantenimiento cada 8 o 45 días En la actualidad está planeando un mayor crecimiento de su negocio en infraestructura, esta es la razón por la cual acude a su credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará repuestos y materiales, como discos duros, memorias, puentes de alimentación entre otros necesarios para el servicio que ofrece.

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
  • 224
    View loans »
    Colombia Loans Fundraising
  • $12,881,350
    Funds lent in using Kiva
  • 1,951.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Hector to buy parts and materials, like hard drives, memory, and power sources, among others.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 28, 2011
Listed
Dec 3, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013