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Guillermo
Guillermo Modelo B. is 52 years old and lives in the Ciudadela 20 de Julio neighborhood, in the city of Barranquilla, with his spouse and his four children, who are between the ages of 25 and 34. He works preparing and selling fried foods and aromatic beverages, including coffee, cinnamon tea, melissa tea, and others. Between 2 and 9 p.m., it is very common to see Guillermo circulating in Metrocentro, a very well-known shopping center in the south of Barranquilla. He started this business as a coffee vendor in 2003, and he gradually added a variety of beverages and fried foods. Before starting this business, he sold merchandise door to door. This is his second loan with the Mario Santo Domingo Foundation, and since receiving credit, he feels that he has made progress in terms of his income, which he has been able to increase. He is currently applying for a loan in the value of 1,300,000 Colombian pesos (COP) to improve the presentation of his business and to help protect the environment. He will invest the funds in purchasing equipment for his business that is currently in poor condition, such as a cooler, some thermos bottles, a blender, an orange juicer and a thermal display case.

His greatest challenge is to make progress with his business and help his family get ahead. He dreams of operating his business on a permanent site where he can sell his products, and having a house of his own, which would give him great stability.
View original language description ↓
Guillermo Modelo B. tiene 52 años y vive en el barrio Ciudadela 20 de Julio, en la ciudad de Barranquilla, con su cónyuge y sus cuatro hijos en las edades de 25 y 34 años; Se dedica a la elaboración y venta de fritos, bebidas aromáticos, café, canela y toronjil entre otras; es muy usual ver a Guillermo, por la tarde de 2 a 9 p.m., circulando por Metrocentro, un centro comercial muy bien conocido en el sur de Barranquilla; Inició este negocio como vendedor de café en el año 2003, y gradualmente fue agregando bebidas aromáticas variadas y fritos. Antes de tener este negocio, vendía mercancías puerta a puerta, este es su segundo crédito con la Fundación Mario Santo Domingo y desde que lo adquirió el ha sentido que ha progresado, en términos de sus ingresos que han podido aumentar. En la actualidad aplica a un crédito por valor de $ 1.300.000 para mejorar la presentación de su negocio y cooperar en la conservación ambiental; él va a invertirlo en la compra de equipos de trabajo que están deteriorándose: por ejemplo una cava, unos termos, una licuadora, un exprimidor de naranjas y una vitrina térmica.
Su mayor desafío es progresar en su negocio y ayudar a que su familia salga adelante; sueña con tener ubicado su negocio en un sitio estable donde pueda vender sus productos y con tener una casa propia lo cual generaría mucha estabilidad.

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
  • 265
    View loans »
    Colombia Loans Fundraising
  • $13,494,325
    Funds lent in using Kiva
  • 1,931.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Guillermo purchasing equipment for his business, such as a cooler, thermos bottles, a blender, an orange juicer and a thermal display case.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 26, 2010
Listed
Feb 23, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011