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Dairo Enrique
Dairo has a motorcycle repair shop as well as a store selling replacement motorcycle parts located in the center of Barranquilla. Dairo is the father of two daughters, 6 and 2 years old, for whose sake he works every day from 8:00 in the morning until very late, doing maintenance and repairs on motorcycles and bicycles.

Dairo has 12 years of experience in the business; before he had his own shop, he worked for ten years in a warehouse that sold parts and accessories, which is how he learned how this type of small business works. Several years ago, Dairo decided to start his own business. He started out in his house, with a cash register and a table where he put the few tools he started out with, acquired with his severance pay. That went well for him, and little by little, he bought machinery and launched his business idea, which has generated income to sustain his household ever since. Currently, he offers motorcycle and bicycle repair services and sells parts and accessories for both. His customers are motorcyclists and bicycle owners from his neighborhood and nearby areas who recognize the quality of his work.

With his loan, Dairo hopes to increase his income so that he can one day expand his shop, add more display cases, and hire employees. He says that the lack of capital is the main limitation keeping him from realizing this dream; his goal for his family is to educate his daughters, turning them into professionals with successful futures.

Currently, Christmas is approaching and children and young people want to have brand new bicycles in addition to the toys that El Niño Dios [the Colombian equivalent of Santa Clause] is bringing. That's why he is applying for a Kiva loan, which will be his first financing through Fundación Mario Santo Domingo. With this loan, he will buy bicycle accessories like tires, tubes, and seats; with these items, he hopes to increase his sales and add to his income, taking advantage of the opportunity that exists during the Christmas season.
View original language description ↓
Dairo tiene un taller de reparación de motocicletas y también un punto comercial afín donde vende repuestos de motos, ubicado en el centro de Barranquilla. Dairo es el padre de dos hijas de 6 y 2 años, por las cuales trabaja todos los días desde las 8 de la mañana hasta muy tarde, haciendo mantenimiento y reparaciones de motocicletas y de bicicletas. En su negocio tiene 12 años de experiencia, pues antes de tenerlo laboró por 10 años en un almacén donde vendían repuestos y accesorios, y así aprendió como funciona este tipo de microempresas. Hace varios años, Dairo decidió independizarse, comenzando en su casa, con una caja y una mesa donde colocaba las pocas herramientas con las que inició, adquiridas con la liquidación que le dieron del trabajo, y allí le fue bien, por eso poco a poco, compró máquinas y emprendió su idea de negocios con la cual desde ese momento ha generado ingresos para sostener su hogar. En la actualidad ofrece servicios de reparación de motos y bicicletas y vende repuestos y accesorios para estos vehículos. Sus clientes son motociclistas y dueños de bicicletas de su barrio y de sectores aledaños, que reconocen la calidad con la cual trabaja. Con su préstamo, Dairo espera aumentar sus ingresos, para algún día ampliar su local, poner más vitrinas y tener empleados. Él dice que la falta de capital es su principal limitante para ver realizado su sueño; sus metas familiares son dar los estudios a sus hijas, hasta hacerlas unas profesionales con un futuro exitoso. En la actualidad, se acerca la navidad y niños y jóvenes requieren tener sus bicicletas flamantes para adicionarlas a los juguetes que les traiga el niño Dios. Por eso está aplicando a un credikiva, primer financiamiento que hace ala Fundación Mario Santo Domingo, mediante el cual comprará accesorios de bicicleta como llantas, neumáticos y sillas, artículos con los cuales planea aumentar sus ventas e incrementar sus ingresos aprovechando la oportunidad que les brinda la temporada navideña.

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
  • 475
    View loans »
    Colombia Loans Fundraising
  • $15,264,975
    Funds lent in using Kiva
  • 1,797.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Dairo Enrique to buy bicycle parts like tires and seats.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2012
Listed
Dec 17, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 18, 2013