Funded

Total loan: $600
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Orlando

Colombia
Barranquilla, Colombia / Metal Shop

A loan of $600 helped to buy materials including iron, bronze, aluminum, welding equipment and metal rods.


Orlando's story

Orlando, 68 years old, started his metal shop when the business where he used to work was closed. With more than 20 years of experience and with the parts for industrial machines, injection pumps, and foundry machines in his hands, he decided to start his own entrepreneurial adventure and began his own business, which today offers many metalworking services. He makes his purchases on a weekly basis and sells daily, and his principal clients are those businesses that have become his fixed buyers and who are continuously recommending new clients.

His goal for the future is to buy a metalworking lathe, in order to leave a strong empresarial legacy for his children. This is why he works so hard every day, hoping to improve his work all the time.

He is currently applying for this loan from Kiva which he hopes to use to buy materials such as iron, bronze, aluminum, welding equipment and metal rods. His loan will be helpful because he currently works asking for a down payment from his clients of 50%, in order to buy the materials that he needs to begin his work. Currently his working capital is not sufficient to make all his purchases. With this loan he will be able to work more comfortably and better attend his current clients, while also increasing his client base.

Translated from Spanish by Kiva volunteer Kaitlyn Godfrey



Loan details

Loan length:

14 months
Disbursed date: August 10, 2012
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: August 10, 2012
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)