A loan of $1,025 helped to buy computer equipment and systems and a couple of telephone lines.


Luis Carlos's story

Luis Carlos Rodríguez is 43 and lives in Villa Katanga, a suburb of Soledad with his wife and his 2 children who are 15 and 9 years of age. His house has been adapted into a store where he has 12 computers, each in their own wooden cabinets and operates 3 mobile phone lines. With these he offers internet and phone services to local, national and international destinations. As in Villa Katanga and its surrounding areas there are few businesses that offer internet services, and it is very economical to make calls to mobiles, Luis Carlos' store is always very full of customers who come from several areas nearby. Most of the time they have to wait for the equipment to become free, so that they can access the services he offers. This is the reason why he is asking for his third loan, because he wants to buy computer equipment and systems and a couple of telephone lines.
Luis Carlos started out as an entrepreneur in 1997 when he used to sell records door to door and his business already had a name, “Discos Carlos”. It was then that he started his relationship with the Mario Santo Domingo Foundation with a $600,000 loan and he started up a record shop in his home. After a time he changed business, when selling records stopped being a good business. Therefore he suspended his loans and later when he started the business he currently has, three years ago, he began his credit relationship with this organization again. And that was how he allocated a space in his home for his new business and since he received his loan his life has changed, because he was able purchase his home and buy fixed assets. His new dream is to consolidate his business and make it the preferred site for his customers. His biggest challenge is to buy a home to separate his commercial space from his family life.

Translated from Spanish by Kiva volunteer Catherine Dent



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