100%

funded

Total loan: $450

Jose Miguel

Barranquilla, Atlantico, Colombia / Services

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A loan helped to buy more washing machines to rent out.


Jose Miguel's story

Jose Miguel is a microentrepreneur who is 49 years old and resides in the city of Barranquilla with his wife and their three children. This businessman has several years of experience in the commercial sector. In 2014, he decided to formalize his business idea of renting out washing machines. He saw an opportunity to start this business in his neighborhood because few people had washing machines in their homes. His business started with four washing machines. As time passed, the demand increased and he saw the need to acquire more washing machines. Today he has 22 units, which has allowed his business to have financial stability and increased profits. This has improved his way of life and that of his family.

Jose Miguel is currently applying for his first Kiva loan through Fundación Mario Santo Domingo. He will invest the funds in the purchase of more washing machines. Jose Miguel wants to have this financial support so that he can inject capital into his business to help serve more customers and improve his earnings. Please support his business loan so that he can become a success.