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Jairo
Jairo is 36 years old and works in the production industrial fretworks, steel kitchens, banisters, and anything related to metalworking. Fourteen years ago he started his business in the year 1998, after having qualified with the “SENA- Servicio Nacional de Aprendizaje” (SENA National Service of Learning), to undertake his own enterprise to earn income to live and get his family ahead. Today his business has grown in his purchases and sales. The sales are cash and credit. He uses catalogs and works through references from his clients.

Currently, Jairo is applying for a second loan through “Fundación Mario Santo Domingo” (Foundation Mario Santo Domingo). He used the first loan to purchase material in large volume for important discounts. Currently, he is applying for a Kiva credit with which he will purchase clinches, reels, galvanized sheets etc.

His future goal is to have a larger store and be able to create other work, have his own home, and have his business at the same point. His major challenge is to improve his inventory and have more capital to complete his current and future commitments to his clients. For this reason he works harder everyday.
View original language description ↓
Jairo de 36 años de edad, se dedica a la producción de grecas industriales, cocinas de acero, pasamanos y todo lo relacionado con la metalmecánica, desde hace 14 años de cuando inició su experiencia en el año 1998 emprendiendo un negocio, después de haberse capacitado en el SENA “Servicio Nacional de aprendizaje” y decidir emprender su propia aventura generadora de ingresos de la cual vivir y sacar adelante a su familia. Hoy su negocio ha crecido y sus compras así como sus ventas, las realizan de contado y a crédito y utiliza catálogos y trabaja por referenciacion de otros clientes. En la actualidad Jairo está aplicando a su segundo crédito con la Fundación Mario Santo Domingo con el cual compró materia prima en mayor volumen y logró descuentos importantes. En la actualidad está aplicando a un credikiva con el cual comprará remaches, brocas, láminas galvanizadas etc. Su meta mas adelante es tener un local de mayor tamaño y poder generar otros puestos de trabajo, tener su propia casa y el negocio en un mismo punto. Su mayor desafío es mejorar sus inventarios y tener más capital para poder cumplir los compromisos adquiridos y futuros de su clientela y esta es la razón por la cual se esfuerza cada día más.

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

  • $11,100
    Average annual income
  • 469
    View loans »
    Colombia Loans Fundraising
  • $15,266,950
    Funds lent in using Kiva
  • 1,829.8
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Jairo purchase clinches, reels, galvanized sheets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2012
Listed
Oct 29, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013