A loan of $650 helped to buy gaskets, ball bearings, and other spare parts.

Lidien's story

Lidien, 43, lives in the family home in Malambo with his wife and two children, who are four and seven. He studied mechanics at the "SENA" National Service apprentice program and then worked for five years as a technician, but his enterprising spirit lead him to strike out on his own six years ago and start his own business, a workshop where he offers motorcycle repair services and sells spare motorcycle parts. Agreeing to provide credit to individuals at a high cost and also accepting credit cards could energize his business and help finance it a bit. He has persisted in his work so as to get ahead and so as to generate income to support his family. He has lots of dreams for his business, such as financing it more adequately and acquiring a lot on which to build a workshop to the specifications he requires. His big goal is to have his own house.

When he joined the Fundación Mario Santo Domingo, he did so through his neighbor, but only when a mobile unit came to his neighborhood did he enrol directly. Today, he is receiving his first loan from this organization, which he will use to buy gaskets, ball bearings, and other spare parts, as he needs to have an inventory that will allow him to strengthen demand and to offer much needed products and services. This credit will help him meet the challenge of having working capital available so that he can buy directly from suppliers and according to the needs of his market and thereby make a success of his investment.

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Translated from Spanish by Kiva volunteer Ross Forman

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