100%

funded

Total loan: $1,350

Jairo

Flag of Colombia
Barranquilla, Atlantico, Colombia / Services

Jairo's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to be able to increase working capital and buy fabric, thread, zippers, among others.


Jairo's story

Jairo, 76, is a microentrepreneur and a resident of the city of Barranquilla, where he lives with his wife and also owns a business selling clothing products.

Jairo started this business approximately 10 years ago due to the lack of job opportunities. With his life savings he decided to start this activity, where he has gained recognition in the sector as a responsible and hardworking person. He offers his products to people and businesses neighboring the sector on cash and credit terms.

Due to the Covid-19 pandemic, he had to suspend economic activity due to government regulations and health issues. So his income was drastically effected. He is currently managing his first loan with the Mario Santo Domingo Foundation to be able to increase the business' working capital and to purchase fabrics, threads, zippers, among others in order to increase the sales and profits of the business.

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