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Carmelo De La Cruz
Carmelo de la Cruz H. is 56 years old and lives in the "Ciudadela 20 de Julio" neighborhood with his wife and 4 children aged 22 to 31 years. If you arrive at this neighborhood you will find a kiosk that is well-known among the residents of this area. Soccer fans and followers are the majority of the customers of Carmelo's business. He makes and sells fried foods, soft drinks, and other drinks. He has 2 employees, and he works on a schedule from 4am until 2pm, because "The Kiosk of Carmelo" is a preferred site where people come to enjoy a good breakfast. Some day he hopes to convert the business into a restaurant with a room for events, and this is precisely his personal challenge.

Carmelo is applying for his 3rd loan with the Fundación Mario Santo Domingo for an amount of 2,000,000 Colombian pesos to buy soft drinks and drinks at wholesale to prepare for the festival days when he often runs out of these products. In addition, he will buy raw materials and supplies such as meat and chicken.

Carmelo remembers how he started his business in the year 1995. At that time it was still a family business, since he was a very young merchant. Now the business has grown and it is located in the heart of the Cuidadela 20 de Julio" neighborhood, very close to the metropolitan stadium of Barranquilla, the site where the team "Junior de Barranquilla" plays. This team stirred up a passion for soccer amongst the inhabitants of the northern coast of Colombia, and everyone who comes to visit this city has enjoyed it.
View original language description ↓
Carmelo de la Cruz H. tiene 56 años y vive en le barrio Ciudadela 20 de Julio con su esposa y su 4 hijos en las edades de 22 a 31 años. Si usted llega a este barrio encuentra un kiosco muy conocido por vecinos de este sector, fanáticos y aficionados del futbol, que son la mayor clientela del negocio de Carmelo dedicado a la elaboración y venta de fritos, refrescos y bebidas, donde genera 2 empleos y trabaja en un horario desde las 4.00 am a 2:00 pm, porque ese es un sitio preferido para deleitarse con un buen desayuno "el kiosco de Carmelo", que algún día espera convertir en un restaurante con salón de eventos y este es precisamente su desafío personal.

Carmelo está aplicando a su tercer crédito con la Fundación Mario Santo Domingo y por un valor de $2.000.000 COP para comprar refrescos, y bebidas al por mayor y aprovisionarse para los días festivos en los que muchas veces escasean estos productos, también comprará materias primas e insumos como y carnes y pollo.
Carmelo recuerda como inició su negocio en el año 1995, cuando aun era un negocio familiar, porque desde muy joven ha sido comerciante, y en la actualidad ha crecido y está ubicado en el corazón del barrio Ciudadela 20 de Julio, muy cerca al estadio metropolitano de Barranquilla, escenario futbolero donde juega el equipo Junior de Barranquilla, el que despierta la pasión de los habitantes de la Costa Norte de Colombia y de todo el que ha venido a visitar a esta ciudad y la ha disfrutado.

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
  • 176
    View loans »
    Colombia Loans Fundraising
  • $13,077,075
    Funds lent in using Kiva
  • 1,920.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Carmelo De La Cruz to buy soft drinks and drinks at wholesale to stock up for the festival days when he often runs out of these products, in addition he will buy raw materials and supplies such as meat and chicken.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2010
Listed
Jun 30, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011