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Gustavo
Gustavo A. T. is 56 years old. He lives in Barranquilla in the neighborhood Me Quejo ("I complain"), a name demonstrating the barranquilleros' good sense of humor. Gustavo is separated from his wife and has two kids, who are 27 and 10 years old. His eldest daughter is a ballet dancer finishing her degree in music, while his younger child studies.

Gustavo is from the department of Northern Santander. He came to Barranquilla when he was young and started his own business seven years later after selling merchandise, like shampoo, door to door. Gustavo's business is named "Productos Naturales Renacer" ("Natural Products Reborn"), and he makes natural food products like fiber, granola, and oatmeal. In a country where nearly all the population eats a lot of meat or a lot of fish, it is uncommon to find someone like Gustavo, who has been a vegetarian for thirty years.

It was his vegetarianism that led Gustavo to study vegetarian food and gave him the idea to start his business. When he started, he only had one pan to make his food. Now he prepares the food in an oven, and during his three years of loans with the Mario Santo Domingo Foundation he has been able to buy a refrigerator, meat grinder, and other kitchen tools necessary to increase his production. Additionally, through the Foundation's programs, he obtained his registration with INVIMA, the organization that controls and oversees the quality of food products in Colombia. Currently, he sells his products in vegetarian restaurants and natural food stores in Barranquilla. His goal is to break into the chain grocery store market and promote his products there. His biggest goal is also his biggest challenge, seeing as he currently lacks the funds necessary to reach this step.

Gustavo is asking for a loan of $2.000.000, which he wants to invest in fiber and increasing his production of nougat candy made of sesame, peanut, coconut, and honey. He recently started making nougat candy and he has been very successful, but it is necessary to invest money to have a greater cooking capacity. Gustavo is also thinking about promoting his products with cards he wants to print. In the future, he dreams about having his own home in Villas San Pablo, a macroproject of houses where the Foundation has started the construction of a healthy community.
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Gustavo A. T. tiene 56 años y vive en Barranquilla en el barrio Me Quejo, nombre que demuestra el buen sentido de humor propio de los barranquilleros. Está separado y tiene dos hijos de 27 y 10 años de edad: la mayor está terminando su licenciatura en música y es bailarina de ballet, mientras el menor estudia. Gustavo proviene del departamento de Norte de Santander, llegó a Barranquilla desde joven y empezó su único negocio hace 7 años después de terminar de vender mercancías, como el champú, de puerta a puerta. El negocio de Gustavo se llama “Productos Naturales Renacer” y él elabora productos alimenticios naturales, como la fibra, la granola y la avena. Por ser un país donde casi toda la población come mucha carne o mucho pescado, no es común encontrar a alguien como Gustavo que es vegetariano desde hace 30 años. Fue su vegetarianismo que lo impulsó a estudiar la comida vegetariana y le dio la idea de iniciar su negocio; cuando comenzó no tenía más que una cacerola para elaborar sus productos. Ahora los prepara en un horno y durante sus 3 años de créditos con la Fundación Mario Santo Domingo ha podido comprar una nevera, un molino y otros implementos necesarios para aumentar la producción. Además, a través de los programas de la Fundación, adquirió su registro de INVIMA, ente que controla y vigila la calidad de productos alimenticios en Colombia. Actualmente comercializa sus alimentos en restaurantes vegetarianos y tiendas naturalistas de Barranquilla, pero su meta es poder penetrar en los almacenes de cadena y así promocionarlos, hecho que también es su mayor desafío, visto que en estos momentos no tiene los recursos para dar este paso.
Ahora solicita un crédito de $2.000.000 que quiere invertir en fibra y en aumentar la producción de su turrón de ajonjolí, maní, coco y miel. Acaba de empezar con los turrones y han tenido mucho éxito, pero es necesario invertir un dinero para tener mayor capacidad. Gustavo también piensa en impulsar sus productos más con tarjeticas que quiere imprimir y más adelante, sueña con tener su propia vivienda en Villas San Pablo, macroproyecto de domicilios donde la Fundación fundamenta la construcción de una comunidad sana.

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
  • 177
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 1,930.7
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Gustavo buying fiber, sesame, peanut, coconut, and honey to make nougat candy.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 26, 2010
Listed
Mar 25, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011