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Jair Enrique
Jair, 26, lives in the south of the city and has a business through which he provides Internet access services, photocopying and phone calls. His business started a year ago after having finished running an Internet café in a sector in the north of the city where he acquired all his experience. This is how he got the idea with his girlfriend to start this same kind of business. She rented a locale and he installed the equipment and they started their adventure in work. His business’ clientele is growing every day and there are times when he’s unable to meet demand which has become his great challenge for growth because they don’t have enough working capital to do so.

This is why he’s calling on a Kiva loan, his first financing from Fundación Mario Santo Domingo that he’ll use to buy three sets of computer equipment and another photocopier which will prepare them to take care of the great demand they have from students that crowd in to do homework and to work in the Internet. His goal for later on is to attain an environment that’s more comfortable each time and to generate employment but this time in a locale of their own which is this couple’s dream.
View original language description ↓
Jair de 26 años de edad, vive al sur de la ciudad y tiene un negocio mediante el cual ofrece servicios de internet, fotocopiado y llamadas. Su negocio inició hace un año después de haber trabajado administrando un café internet, en un sector del norte de la ciudad, donde adquirió toda su experiencia. Así fue como se ideó con su novia, empezar este mismo negocio y ella arrendó un local y el puso los equipos e iniciaron su aventura de trabajo. En su negocio cada día crece su clientela y en diferentes épocas no es capaz de responder a esta demanda y esto se ha convertido en el gran desafío para su crecimiento, porque no tienen el suficiente capital de trabajo para lograrlo. Esta es la razón por la cual acude a su credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará, tres equipos de cómputos y una fotocopiadora mas, con los cuales se preparan para atender la gran demanda de estudiantes, que se aglomera para hacer tareas y trabajar en internet. Su meta mas adelante, es lograr un ambiente cada vez mas confortable y generar empleos , pero eso si en un local propio el cual es el sueño de esta pareja.

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
  • 174
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 1,760.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,725 helped Jair Enrique to buy three computers and another photocopier.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2012
Listed
Mar 18, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 17, 2013