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Jairo Andres
Jairo, who is 20 years old, lives in the beautiful city of Barranquilla, in the Atlantic department, which is known nationally as "The Sandy." He is a young single man. He has a service business of renting washing machines, which he offers to neighbors in his neighborhood and in surrounding neighborhoods. The customers rent the washing machines from Jairo by the hour. They call him by telephone asking for the service. He takes the washing machines to their houses, and after the agreed-upon rental time has passed, he goes to pick them up. The payment for these services is in cash. He offers this service to his customers every day, from 7 in the morning to 7 at night. The expenses of the business are only for maintenance and buying parts. His business was born a year ago due to the need to generate income because of the death of his grandmother, who was the one who contributed mostly to the family expenses. This is his first Kiva loan with the Fundación Mario Santo Domingo, and he will use it to buy more washing machines, to offer better service with regard to the time for repairs and to new customers who request the service. With this investment he hopes to increase his income and profits and in the future to have his own house and family.
View original language description ↓
Jairo de 20 años de edad, vive en la hermosa ciudad de Barranquilla, departamento del Atlántico, conocida nacionalmente como la arenosa. Es un joven en estado civil soltero; tiene un negocio de servicio de alquiler de lavadoras, el cual lo brinda a vecinos en el barrio y de barrios circunvecinos. Los clientes alquilan las lavadoras de Jairo por horas, le llaman por teléfono solicitándole el servicio; él les lleva las lavadoras hasta su propia casa, y después de transcurrido el tiempo convenido del alquiler, las pasa a retirar. El pago de estos servicios es de contado. Estos servicios los brinda a sus clientes todos los días, desde la siete (7) de la mañana hasta las siete (7) de la noche. Los gastos del negocio, son solo por mantenimiento y compra de repuestos. Su negocio nació hace un (1) año, debido a la necesidad de generar ingresos, por la muerte de su abuela quien era la que aportaba mayormente para los gastos de la familia. Este es su primer credikiva con la Fundación Mario Santo Domingo, el cual lo aplicará en la compra de más lavadoras, para brindar un mejor servicio en cuanto a tiempo de respuesta, y a nuevos clientes que solicitan el servicio. Con esta inversión aspira aumentar sus ingresos y utilidades, y en un futuro tener su propia casa y familia.

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
  • 300
    View loans »
    Colombia Loans Fundraising
  • $13,785,050
    Funds lent in using Kiva
  • 1,927.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Jairo Andres to buy more washing machines to offer better service.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 8, 2013
Listed
Jul 10, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 29, 2014