Funded

Total loan: $625
Powered by 19 lenders

Samih

Colombia
Soledad (Atlántico), Colombia / Machinery Rental

A loan of $625 helped to buy four washing machines.


Samih's story

Samith, 23, makes a living renting out washing machines from his home, where he lives with his partner and 8-month-old son. His business began wen he saw that several of his relatives who live in other towns have the same type of business, which is very useful for them in generating an income for their families. Therefore, he decided to start up a business and dedicate all of his efforts to this work.

Currently, he opens his business from 7am until 8pm every day of the week. His main goal is to generate more income from this business, so he needs to grow his working capital. This is the reason why he has applied for a Kiva loan, which is his first with the Fundación Mario Santo Domingo. He will use this loan to buy four more washing machines. This will help increase his income and improve his family's quality of life, which is his greatest challenge.

Translator profile picture

Translated from Spanish by Kiva volunteer Amy Volz



Loan details

Loan length:

14 months
Disbursed date: February 4, 2013
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: February 4, 2013
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)