A loan of $750 helped buy a new line of oils and lubricants in 35-40 gallon quantities.


Humberto Alfonso's story

Humberto is 46 years old and lives in Malambo, which is part of greater Barranquilla. He lives near the towns of Soledad, Sabanagrande and Saint Thomas, about five kilometres from the city airport. This location has a very special social makeup; its residents are a mix of people from all over the country who come there to work independently or at the Malambo Industrial Park. PIMSA is a private housing company that provides both infrastructure and services in the area. It guarantees cost reductions to businesses that set up in the industrial park. PIMSA also guarantees these businesses have enough available local workers. This is Humberto's neighbourhood. He is a husband and father of 3 children. The youngest is only 2, and the eldest 15. He works from home selling industrial and automotive lubricants. Humberto was first exposed to this field when he worked in a lubricant warehouse. When it closed, he was able to go into business with the help of its former suppliers. He took over much of the warehouse's old business and is now able to support his family. This is Humberto's first loan through the Mario Santo Domingo Foundation. He will use it to buy 35-40 gallons of new oils and lubricants. With this extra funding, Humberto hopes to get better discounts on his bulk purchases, expand his product line, and keep a good supply of his most popular products.

Translated from Spanish by Kiva volunteer



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