Funded

Total loan: $1,150
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Edwin

Colombia
Cartagena de Indias, Colombia / Furniture Making

A loan of $1,150 helped to buy wood, paint, lacquer, glue, tacks and screws, and also to make some small improvements to his workshop.


Edwin's story

Edwin, 44, lives in the city of Cartagena with his wife and their 2 year-old child. There, in this beautiful and historic city, he works as a carpenter. He started this business 15 years ago when he was working in a cabinetmaking shop. Since he really enjoyed this trade, he had the idea of studying architecture, and so he began to improve his work. Over time, he became quite well-known, and so he decided to start working independently in his own home. He started up his own business in a workshop, gradually buying the tools and equipment he needed. His workshop has done very well, and he has a lot of expansion plans, but he lacks sufficient working capital to implement these plans as quickly as he would like. This is the reason that he came to seek a Kiva loan. This will be his first loan from the Fundación Mario Santo Domingo, and with it he will buy supplies and raw materials so that he can make some new designs, such as wood, paint, lacquer, glue, tacks and screws, and he will also invest some of the money in making some improvements to his workshop. He will put in new wood flooring and will also add a roof that will allow him to work in better conditions, especially during the rainy season. His goal for the future is to make his important purchases in bulk so he can obtain a good discount. To do this, he will prepare to participate in each loan cycle offered by this institution.

Translator profile picture

Translated from Spanish by Kiva volunteer Lisa Grobar



Loan details

Loan length:

20 months
Disbursed date: February 22, 2012
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: February 22, 2012
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)