A loan of $1,100 helped purchase 500kg of aluminum, 500kg of coal, and other materials.

Antonio Francisco's story

Antonio M. lives in the municaplity of Malambo, a metropolitan area of Barranquilla, with his wife and three children who are between the ages of 10 and 16. There he manufactures motorcycle accessories. He learned this trade as a young man 25 years ago working at his father’s foundry. Antonio has now been working independently in his own workshop for eight years. By increasing this new source of income, he was able to buy his first motor and later a furnace and a bench drill. He says he has the help of his oldest son and currently has four employees who handle the production work. By gradually expanding the infrastructure of his business, he was able to acquire two additional motors and a forge at the market. Antonio started his business in Malambo and now he has extended to Barranquilla, Santo Tomás, and Sabanagrande in the Department of Atlántico; Cartagena in the Department of Bolívar; Santa Marta in the Department of Magdalena, and other places where vendors gather. Another example of the growth of his business is a vending post he started six months ago, which is located on the main road in Malambo. There he sells other motorcycle accessories such as riding jackets, helmets, ponchos, and gloves.

This is his first loan with Fundación Mario Santo Domingo. With the Kiva funds he will buy 500kg of aluminum, 500kg of coal, and other materials used in his production process. He expects to continue expanding his business and strengthening his sales locations. His workshop has generated good results because of its strategic location, but he needs to extend his service areas so that he can gain more recognition in the surrounding neighborhoods.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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