Check out some available loans that are similar to this one!
José Antonio
José Antonio C. lives in southwest Barranquilla. He has a display case in a downtown location, called San Adresito, which is known for being a place where lots of imported items, like home appliances and state-of-the-art electronics, are sold. He is married and has four children between the ages of 21 and 30.

Since 1984 he has sold clocks and watches and has provided repair services as well. Later, he added calculators, radios, televisions, batteries and accessories to his stock. Most recently, he added new sound equipment for vehicles, loudspeakers, power plants.

This is his 2nd loan from Fundación Mario Santo Domingo. He used his previous loan to stock his business. He was able to pay cash for the merchandise and add cameras to his stock, something he hadn’t sold previously. This led to higher profits and still more benefits for his home; he was able to provide a few treats for the family and this always means moments of happiness. He wants to make it clear that all this is possible thanks to the help he gets from his daughter who also works and contributes to the household support.

With his Kiva loan he will buy more technologically advanced cell phones, like MP4s and MP5s as well as car radios with DVDs included.

His goal is to always invest in items that are most profitable and that he get satisfaction from selling them and meeting his financial obligations in a responsible manner.

His challenge now is to increase his profits so that he can help his son with his schooling so that his future will be more successful.
View original language description ↓
José Antonio C. vive en el sur occidente de la ciudad del Barranquilla, se dedica a comercializar desde una vitrina donde vende en un local del centro, llamado San Andresito, tradicionalmente conocido por que es un lugar donde se comercializa mucha mercancía extrajera, como electrodomésticos y en ese sentido todo lo que tiene que ver con tecnología de punta; él es casado y tiene 4 hijos en las edades de 21 a 30 años.

Desde 1984 se dedicó a la venta de relojería y también a su mantenimiento, posteriormente agregó calculadoras, radios, televisores, surtidos de baterías y accesorios; en la actualidad, agregó nuevos equipos de sonidos para vehículos, bafles amplificadores, plantas eléctricas. Este es su segundo crédito a través de la Fundación Mario Santo Domingo, con el anterior José Antonio surtió con mas precisión su negocio, porque le permitió tener un capital de trabajo adicional, con el que compró de contado y adicionó cámaras que antes no vendía, de esta manera sus ganancias aumentaron y logró beneficiar mas a su hogar, porque puedo darse algunos gustos y eso siempre aporta a momentos de felicidad; todo ello sin dejar de mencionar el importante aporte que hace su hija pues ella también trabaja y ayuda al sostenimiento del hogar. Con su credikiva solicitado, comprará celulares de mayor tecnología, así como de MP4 y MP5 y radios con DVD para vehículos.

Su meta es siempre invertir en lo que tenga mayor utilidad y que a el le de satisfacción el venderlo y cumplir con sus compromisos económicos con mucha responsabilidad. Su desafío ahora es aumentar su utilidad para ayudar a su hijo a estudiar y que en un futuro sea exitoso.

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

  • $11,100
    Average annual income
  • 468
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,867.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped José Antonio to buy technologically advanced cell phones, like MP4s and MP5s as well as car radios with DVDs included.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 28, 2010
Listed
Jul 26, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011