Total loan: $875

Juan David

Flag of Colombia
Barranquilla, Atlantico, Colombia / Retail

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

A loan helped to buy sand, gravel, cement, and other construction supplies to sell.

Juan David's story

Juan David is an entrepreneur and a resident of the city of Barranquilla. One year ago, he established his business of selling hardware goods. He has a qualified staff that manages this business, which consists of three employees. His business has had a positive impact on the community since it has created jobs and offers a needed service, which is reflected in the profits that have been earned.

Juan David received this business opportunity, thanks to his father who divided his original company into three divisions. Prior to that, Juan David contributed to the operations of the parent company. His customers include individuals and businesses. As a result of the COVID-19 pandemic, he had to close the doors of his business because of restrictions imposed by the national government. His cash flow diminished, but he was able to receive financial assistance by joining a program called “Barranquilla Responds”. This program allows him to request a Kiva loan through Fundación Santo Domingo so that he can invest in the purchase of materials such as sand, gravel, cement, and other construction supplies.

This entrepreneur needs an injection of capital so that he can have leverage when negotiating with his suppliers. As a result, he will be able to increase his inventory and offer his customers better prices for these products. Please support his loan.