A loan of $450 helped to buy bicycle parts like tires and seats.

Dairo Enrique's story

Dairo has a motorcycle repair shop as well as a store selling replacement motorcycle parts located in the center of Barranquilla. Dairo is the father of two daughters, 6 and 2 years old, for whose sake he works every day from 8:00 in the morning until very late, doing maintenance and repairs on motorcycles and bicycles.

Dairo has 12 years of experience in the business; before he had his own shop, he worked for ten years in a warehouse that sold parts and accessories, which is how he learned how this type of small business works. Several years ago, Dairo decided to start his own business. He started out in his house, with a cash register and a table where he put the few tools he started out with, acquired with his severance pay. That went well for him, and little by little, he bought machinery and launched his business idea, which has generated income to sustain his household ever since. Currently, he offers motorcycle and bicycle repair services and sells parts and accessories for both. His customers are motorcyclists and bicycle owners from his neighborhood and nearby areas who recognize the quality of his work.

With his loan, Dairo hopes to increase his income so that he can one day expand his shop, add more display cases, and hire employees. He says that the lack of capital is the main limitation keeping him from realizing this dream; his goal for his family is to educate his daughters, turning them into professionals with successful futures.

Currently, Christmas is approaching and children and young people want to have brand new bicycles in addition to the toys that El Niño Dios [the Colombian equivalent of Santa Clause] is bringing. That's why he is applying for a Kiva loan, which will be his first financing through Fundación Mario Santo Domingo. With this loan, he will buy bicycle accessories like tires, tubes, and seats; with these items, he hopes to increase his sales and add to his income, taking advantage of the opportunity that exists during the Christmas season.

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Translated from Spanish by Kiva volunteer Holly Torpey

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