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Javier  Enrique
Javier is 50 years old and lives in the city of Barranquilla with his spouse and two children, aged 12 and 17. He has a business selling leather products by order, a business he started 3 years ago through his brother who lives in the city of Bucaramanga. That city produces excellent leather products and he lent him the money so he could make his own income. that was how he bought his first bags, briefcases and belts, to which he gradually added wallets and other leather products. With this business he was able to generate enough income to cover his personal and household expenses, because he was unemployed. Right now the leather products are shipped to him but he plans on traveling there directly to study the possibilities of new suppliers and obtain special discounts and better commercial transactions. At present, he is applying for a new Kiva loan, the first loan he has taken out from the Fundación Mario Santo Domingo. With it, he will buy shoes, briefcases, bags, wallets, backpacks, belts and sandals for men. He has a lot of orders from his best customers, whom he wants to keep by responding to them quickly with products of incomparable quality, so this investment will be successful.
View original language description ↓
Javier de 50 años vive en la ciudad de Barranquilla con su cónyuge y sus dos hijos en las edades de 12 y 17 años. Él tiene un negocio de venta de productos de cuero bajo pedidos, que inicio desde hace 3 años a través de su hermano quien vive en la ciudad de Bucaramanga, lugar donde se produce excelentes artículos en cuero y le prestó un dinero para que él mismo generara ingresos, así fue como compró sus primeros bolsos, maletines y correas, a los cuales gradualmente fue adicionado billeteras y otros artículos de cuero. Con este negocio pudo generar ingresos suficientes para atender los gastos personales y de su hogar pues se encontraba desempleado. En la actualidad le envían las mercancías de cuero pero está empeñado en viajar directamente para estudiar nuevas posibilidades de proveedores y lograr descuentos especiales y mejores transacciones comerciales. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará calzado, maletines, bolsos, carteras, manos libres, correas, sandalias para hombres, pues tiene muchos pedidos de sus mejores clientes, a quienes quiere conservar respondiéndole oportunamente y con artículos de calidad incomparable, para hacer de esta inversión todo un 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
  • 177
    View loans »
    Colombia Loans Fundraising
  • $13,090,925
    Funds lent in using Kiva
  • 1,761.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Javier Enrique to buy shoes, briefcases, bags, purses, backpacks, belts, and sandals for men.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2012
Listed
Mar 24, 2012
Currency Exchange Loss:
Covered
Ended:
May 19, 2013