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Vicente
Vicente is 36 years old and he runs a laundry in his house, renting out his washing machines. He lives in a municipality located a very short distance form Barranquilla with his wife and their 4 children aged between 3 and 12. Previously engaged in building houses, Vicente has moved to an activity offering him more fixed earnings, as opposed to his job in the constructions, and he has his family to constantly provide for. For this reason 18 months ago he started with one washing machine, gradually adding one more machine as his market was expanding. He is currently requesting his first loan to Fundación Mario Santo Domingo to buy washing machines to tend to the requests for this service that he gets. His wife greatly supports him in his task. His activity has a significant potential of growth to make the most of, as his neighborhood is expanding and improving, and many new families need to rent washing machines; women in particular need to get relief from the tiredness deriving from the combination of their domestic chores and their working activities, and as well as to shield themselves a little form the hot sun of the Colombian Caribbean.
View original language description ↓
Vicente de 36 años de edad ofrece desde su vivienda el servicio de alquiler de maquinas para lavar. Él vive en el municipio muy cercano a la ciudad de Barranquilla, con su cónyuge y tiene 4 hijos de 3 a 12 años de edad. De su actividad en la construcción de viviendas, Vicente pasó a tener un negocio que le ofrece más estabilidad en sus ingresos, en tanto a que su oficio en la construcción es estacionario y él tiene una obligación familiar con la cual cumplir. Por eso hace 18 meses inició con una lavadora y en la medida en que ha crecido su mercada, ha ido comprando una cada vez. Hoy está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará maquinas lavadoras, para atender su demanda de este servicio. Su cónyuge lo apoya mucho en la tarea y tiene en su negocio un potencial de crecimiento importante al cual abordar, pues el barrio en el que habita se encuentra en desarrollo y muchas familias nuevas tienen la necesidad de acceder al alquiler de lavadoras, especialmente las mujeres, para disminuir el cansancio de su combinadas tareas domésticas y generadoras de ingresos y resguardarse un poco del fuerte sol del Caribe Colombiano

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
  • 265
    View loans »
    Colombia Loans Fundraising
  • $13,496,050
    Funds lent in using Kiva
  • 1,797.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Vicente to buy washing machines.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2012
Listed
Jun 28, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2013