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Rosendo
To have three good pressure washers to serve the demand for vehicles that need to be cleaned, to have his own shop, and to have it well equipped: this is one of Rosendo's dreams that he plans to achieve little by little, through painstaking, responsible and combined work.

In the municipality where he lives with his wife and four children, ages 6 to 9, he is well-known because he does bricklaying and painting, but as with any trade, there are slack times, and this occupation doesn't provide him the opportunity for a steady income. That's why, jointly with his brother-in-law and his brother, he took up the task of providing a service washing vehicles and motorcycles.

This business that has gone very well and has awakened high expectations in all of them for growing as entrepreneurs. But they are facing the challenge of not having sufficient working capital to achieve productivity improvements and increase their ability to compete. This is why he is applying for a credikiva loan, his first from Fundación Mario Santo Domingo.

Through the loan, he will buy a pressure washer, to start on the path toward the growth he hopes for, in a potential market that awaits, and where he has his mind set on earning money. This is in order that his family can achieve their dreams for the success that they have set their minds on, centering on high quality education, as is also Rosendo's aim.
View original language description ↓
Tener tres buenas maquinarias de hidrolavado para atender la demanda de vehículos que requieren ser higienizados y un local propio y bien acondicionado, es uno de los sueños de Rosendo, que poco a poco planea cumplir con un trabajo esmerado, responsable y mancomunado. Él, en el municipio donde habita con su esposa y sus 4 hijos, en las edades de 6 a 9 años, es muy conocido porque realiza servicios de albañilería y pintura, pero como todo oficio estacionario, esta actividad no le ofrece la oportunidad de un ingreso estable, por eso en compañía de su cuñado y su hermana, se dieron a la tarea de ofrecer el servicio de lavandería de vehículos y motocicletas, actividad con la que les ha ido muy bien y ha despertado grandes expectativas de crecimiento empresarial en todos ellos, pero están enfrentados al desafío de no tener un capital de trabajo suficiente, para lograr su mejoramiento productivo y aumentar su capacidad competitiva. Esta es la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprara una maquina hidrolavadora, para iniciar el camino de crecimiento esperado, en un potencial mercado que lo espera y en el que se proponen ganar dinero, para lograr que su familia cumpla los sueños de éxito que se propongan enfocándolo en estudios de alta calidad, como también es el propósito de Rosendo.

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
  • 563
    View loans »
    Colombia Loans Fundraising
  • $14,650,775
    Funds lent in using Kiva
  • 1,830.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Rosendo to buy a pressure washer.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2012
Listed
Jun 6, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013