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Wilson Rafael
Wilson is 47 years old and lives in the south west of the city with his wife. He has 7 children ranging in age from 15 to 26 years, and he dreams that they will become successful people. He has 15 years of experience in manufacturing furniture for dining rooms, bedrooms, and living rooms. He has his own cabinetmaker's shop, located on the side of his house, which he started based on his uncle's teaching of the trade. The products in greatest demand are entertainment centers, as well as bedroom and dining sets. For that reason, although he can build all the lines, recently he has focused on these products. In his business he handles all of the labor, purchasing and marketing: He purchases the wood, the polish, does the cut preparation and assembly, as well as the finishing and sales. He completes his sales at small stores located in a commercial corridor in the center of town as well as through people referred to him via the market. His daily work is intense. He begins his work at 7:00 am and continues to 7:00 pm each day and strives to perfect his technique in order to help his family get ahead. Currently he is applying for a loan from Kiva, the first financing that he is requesting from the Mario Santo Domingo Foundation. With the loan he will buy wood, paint, sand and plywood in volumes that can increase production and improve his sales volume, which is what makes the Kiva loan a successful investment.
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Wilson de 47 años de edad, vive al sur occidente de la ciudad con su cónyuge y tiene 7 hijos en las edades de 15 a 26 años, con quienes sueña se conviertan en personas de éxito. El posee 15 años de experiencia en la fabricación de muebles de comedor, alcobas y de sala, en su propia ebanistería ubicada en un costado de su casa, la cual inició tomando como base la enseñanza de su tío en este oficio. Los productos de mayor rotación comercial son los multimuebles, juegos de alcoba y comedor, por eso aunque maneja todas las líneas, últimamente se ha enfocado en estas. En su proceso desarrolla todas las tareas productivas y de comercialización: compra de madera, pulida, corte preparación ensamble, acabado y ventas, las cuales realiza a pequeños almacenes ubicados en un corredor comercial del centro de la ciudad y a referidos por sus propio mercado. Su tarea diaria es intensa, él inicia su trabajo desde la 7:00 am hasta las 7:00 de la noche y cada día se esmera en la perfección de su técnica con el fin de sacar adelante a su familia. Actualmente está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará madera, pintura, lija y triplex, en volúmenes, que permitan aumentar su producción y mejorara el volumen de sus ventas, lo cual es lo que hace que la inversión de credikiva sea muy exitosa.

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
  • 261
    View loans »
    Colombia Loans Fundraising
  • $13,343,550
    Funds lent in using Kiva
  • 1,778.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Wilson Rafael to buy wood, paint, sand and plywood in volumes that can increase production.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2012
Listed
Jul 28, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 30, 2013