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Lidien
Lidien, 43, lives in the family home in Malambo with his wife and two children, who are four and seven. He studied mechanics at the "SENA" National Service apprentice program and then worked for five years as a technician, but his enterprising spirit lead him to strike out on his own six years ago and start his own business, a workshop where he offers motorcycle repair services and sells spare motorcycle parts. Agreeing to provide credit to individuals at a high cost and also accepting credit cards could energize his business and help finance it a bit. He has persisted in his work so as to get ahead and so as to generate income to support his family. He has lots of dreams for his business, such as financing it more adequately and acquiring a lot on which to build a workshop to the specifications he requires. His big goal is to have his own house.

When he joined the Fundación Mario Santo Domingo, he did so through his neighbor, but only when a mobile unit came to his neighborhood did he enrol directly. Today, he is receiving his first loan from this organization, which he will use to buy gaskets, ball bearings, and other spare parts, as he needs to have an inventory that will allow him to strengthen demand and to offer much needed products and services. This credit will help him meet the challenge of having working capital available so that he can buy directly from suppliers and according to the needs of his market and thereby make a success of his investment.
View original language description ↓
Lidien de 43 años, vive en una vivienda familiar, el municipio de Malambo con sus esposa y dos hijos que tienen 4 y 7 años de edad; estudió Mecánica en el Servicio Nacional de aprendizaje “SENA” y empezó a trabajar durante 5 años en empresas como técnico en una buena temporada, pero su espíritu emprendedor lo llevó a aventurarse, hace 6 años y emprender su propio negocio , un taller donde ofrece los servicios de reparación de motocicletas y vende repuestos para este mismo vehículo; accediendo a dinero de crédito de particulares a un alto costo y también acudiendo a tarjetas de créditos pudo impulsar su negocio y capitalizarse un poco. En su trabajo ha persistido para salir adelante y generar ingresos para lograr aumentar el bienestar de su familia, por eso tiene muchos sueños con su negocio, como el de capitalizarse aun mas y adquirir un lote para construir un local con las especificaciones que requiere y su gran desafío es tener su vivienda propia. Cuando se enteró de la Fundación Mario Santo Domingo, lo hizo a través de su vecina, pero solo hasta cuando llegó la unidad móvil a su barrio, inscribiendo directamente, decidió de manera práctica vincularse. Hoy está recibiendo su primer financiamiento de esta organización y es justamente un credikiva, con el cual comprará empaquetaduras, balineras, rodamiento y repuestos en general , pues necesita tener un inventario que le permita fortalecer su demanda y ofrecer productos y servicios muy solicitados, con este crédito logrará vencer el desafío de tener un capital de trabajo disponible, para comprar directamente y con los requerimientos de su mercado y esto es justamente el éxito de su inversión.

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
  • 503
    View loans »
    Colombia Loans Fundraising
  • $14,954,225
    Funds lent in using Kiva
  • 1,762.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Lidien to buy gaskets, ball bearings, and other spare parts.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2012
Listed
Mar 16, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 18, 2013