Check out some available loans that are similar to this one!
Sebastian
Sebastián is 53 years old. He makes corn fritters with his wife, who is also in the photograph, who helps him with the manufacture and especially the sales. Once he makes the fritters, he goes out, beginning at 5:00 AM. He must be out early so that families can enjoy their delicious product for breakfast. Besides having his own business, he also works part time in a clinic, so his wife provides him with important support. Together they have 3 children, ages 33, 31, and 8.

Sebastián was born in San Basilio de Palenque, a land which has also witnessed the birth of folk dancers, world class boxers, actors and other important personalities. It is also a place where "Champeta" (a musical genre of independent and local origin from the African descendents) and Tambora (drumming) are part of the culture of the Columbian Caribbean. They live in the "la Manga" (the sleeve) neighborhood, an area where many African decedents live and are known for their cheerful and hard working characters.

He started his business by making " alegrías," a small round treat made with millet, raw sugar, coconut, and crushed anis. They decided to start making corn fritters, coconut candies, and cassava cakes (made by grinding up yucca and adding cheese and cream and then bake). This loan of 1,500,000 COP ($750) will be their second loan through " la Fundación Mario Santo Domingo." They will use the money to buy ingredients and supplies, so they can sell their products in the upcoming festivals, and to consolidate their production area, which is currently split between their family kitchen and patio. They are happy because they were able to buy a mill with their first loan. They used to have to pay for grinding to be done in a different neighborhood, but now they are able to do this themselves and are able to save on the cost.

Since Sebastián and his wife would like to move their business forward, they would someday like to establish a point of sale on a lot located on their property, which they will set up to achieve their dream. In the mean time, Sebastián continues to be happy participating in social groups within his African decedent community. They help one-another and share their music, ideas, customs and traditions.
View original language description ↓
Sebastián H. R. tiene 53 años de edad y se dedica a la elaboración de bollos de maíz acompañado se su cónyuge quien aparece en la fotografía que lo apoya todo el proceso productivo y especialmente el de comercialización, una vez hacen la producción sale por las calles con su ponchera desde las 5:00 AM, pues debe estar temprano en la calle para que las familias desayunen con el delicioso producto que ellos elaboran; él además de tener su propio negocio también está empleado parte del tiempo en una clínica, por eso su cónyuge es su apoyo idóneo (aparece con Sebastián en la foto), con ella tiene 3 hijos de 33, 31 y 8 años de edad.

Sebastian nació en San Basilio de Palenque, la tierra que vio nacer a folcloristas, boxeadores mundiales, actores y otros personajes importantes y donde la champeta y la Tambora son parte de la cultura de esta población en el Caribe Colombiano. Ellos viven en el barrio la manga lugar donde viven muchos afrodescendientes caracterizados por su carácter alegre, trabajador y muy solidario.

Inició su negocio elaborando alegrías, producto de forma circular a base de millo, panela, coco y anís estrellado, pero por ser un negocio muy estacionario, decidieron dedicarse a la fabricación de bollos de mazorcas, cocadas y de enyucado (torta a base de yuca que muelen, agregan crema de leche, queso y hornean). Este es su segundo crédito con la Fundación Mario Santo Domingo por valor de $1.500.000 y utilizara una parte para comprar materias primas e insumos de sus productos, para vender en las fiestas que se avecinan y la otra parte y las utilidades que se generen en esta época, para organizar un punto de producción y venta, porque en la actualidad el proceso productivo se encuentra dividido entre el patio y la cocina familiar. Ellos están satisfechos pues con su primer crédito lograron comprar un molino pues tenían que pagar por este proceso en otro barrio ahora lo hacen directamente y se ahorran el arriendo.
Como Sebastian y su esposa quieren sacar adelante su negocio, tienen como sueño principal, poner un punto de venta y para eso cuentan con un lote de su propiedad que adecuaran para realizar su sueño. Mientras tanto Sebastian continua feliz, participando en grupos sociales con su comunidad afrodescendiente, ellos se ayudan mutuamente y comparten, su música, sus ideas y costumbres tradicionales.

Additional Information

About Fundación Mario Santo Domingo

Fundación Mario Santo Domingo (FMSD) is a non-profit organization in northern Colombia dedicated to developing programs for the country’s poorest communities. In addition to numerous social services, FMSD runs a microfinance program to strengthen micro-businesses in the areas where it works. The organization also offers several non-financial components as part of this program, including training to help entrepreneurs start their own businesses.

About Colombia

  • $6,070
    Average annual income
  • 263
    View loans »
    Colombia Loans Fundraising
  • $13,610,900
    Funds lent in using Kiva
  • 1,938.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Sebastian buy ingredients and supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2010
Listed
Feb 13, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011