Funded

Total loan: $500
Powered by 18 lenders

A loan of $500 helped to buy materials such as straw and wood at wholesale and to set up his wood cutting machine.


Pablo's story

Pablo is a craftsman that lives in Galapa, a municipality with crafting traditions, located in Costa Caribe, Colombia, 20 minutes from the city of Barranquilla. He is a craftsman and works with materials such as straw and wood, with which he makes baskets of different sizes and shapes that he sells in flower shops of the departments of Guajira and Cesar; he and his wife take orders from the flower shops at these cities and when there is a lot of demand, they ask a neighbour to help them at home to serve clients directly, he and his wife travel to deliver the products by efficiently splitting their tasks. He got his experience by helping his brother in law who used to work doing this art, two years later he started his own business. His family is formed by his wife and two daughters ages 19 and 16. In his business he sells on cash and monthly credit terms, this allows him to cover home expenses and reinvest, his client base has slowly expanded and he has to increase his possibilities to purchase by getting a loan to have working capital. This is the reason why he comes to credikiva and with this loan he will purchase raw materials at wholesale, to get discounts on the volume and he will also set up his wood saw on a stand made also of wood. His goal is to organize his small enterprise and later on generate a job for a friend and increase his possibilities of production through more working capital and expansion of his client base.

Translator profile picture

Translated from Spanish by Kiva volunteer Sofia Burt



Loan details

Loan length:

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

Lenders and lending teams



Loan details

Loan length:

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