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Policarpo
For Policarpo P. V., his work as a teacher never ends. Even though he's retired from teaching, he continues practicing his vocation, but now he advises his students on everything relating to nutrition. At 61 years old, Professor Policarpo works marketing nutritional products to improve the body's defenses while energizing and balancing it. He also sells a variety of additional products, like clothes, shoes, and small electrical appliances.

He began his business in 2005 when he was a teacher in the Departamento de Bolívar, but after retiring, he began working more persistently. He is always available to work every day so he can make more money. His customer base consists of friends from his teaching days, relatives, recommended customers, and employees with good payment habits.

This Kiva loan is his first with the Mario Santo Domingo Foundation. With the loan, he will buy nutritional products wholesale in cash, as well as seasonal merchandise of clothes, shoes, and small electrical appliance in order to make the most of his customer's high demand during the second half of the year.

His goal is to continue increasing his sales so he can improve his quality of life. Policarpo really enjoys his shop's location, since it is in the epicenter of shopping in southern Barranquilla near the Atlético Junior's football stadium, Estadio Metropolitano.
View original language description ↓
Para Policarpo P. V. su actividad como docente nunca termina, porque aunque es pensionado del Magisterio, aun sigue ejerciendo su vocación de maestro, pero ahora cuando asesora a sus clientes en todo lo relacionado con la nutrición; y es que el profesor Policarpo a sus 61 años, se dedica a la comercialización de productos nutricionales, para aumentar las defensas del organismo, dinamizarlo y equilibrarlo, pero también vende variedades, como ropa, calzado y electrodomésticos menores. Su negocio lo inició en el año 2005, cuando era docente en el Departamento de Bolívar, pero una vez pensionado empezó a comercializar de una manera más persistente, porque siempre está dispuesto a trabajar para cada día generar más ingresos. Su mercado lo constituyen muchos amigos del gremio educativo, familiares, recomendados, pero especialmente empleados que tengan buenos hábitos de pago. Este su credikiva, es su primer crédito con la Fundación Mario Santo Domingo, con él comprará productos nutricionales al por mayor y de contado, además de mercancía para la temporada como electrodomésticos menores y sobre todo ropa y calzado, aprovechando la alta demanda en el segundo semestre del año, por parte de sus mercados.

Su meta es continuar incrementando las ventas para mejorar su nivel de vida y lo más importante es que a Policarpo le favorece mucho su ubicación pues está en el epicentro del comercio del sur de Barranquilla, cerca al estadio Metropolitano de esta ciudad, escenario cuna del futbol Colombiano.

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
  • 521
    View loans »
    Colombia Loans Fundraising
  • $14,666,500
    Funds lent in using Kiva
  • 1,810.6
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Policarpo buying nutritional products wholesale and stocking seasonal merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2010
Listed
Aug 13, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011