Check out some available loans that are similar to this one!
Javier Esteban
Javier L. is the owner of the “Tienda la Renovación” store, in the Malambo municipality, a metropolitan area of Barranquilla. He lives in Barranquilla with his partner and their two children ages 12 and 14. He started with over 13 years of experience from working as an employee at a food market in downtown Barranquilla. After that, he and his sister started up a store which they ran for a few years, until he decided to become independent and start his own venture, taking advantage of this experience which he now applies to his business. In his store "La Renovación" ["Renewal"], he also sells varied merchandise. He works with his wife, the driving force behind the store, and they are very well-known throughout the municipality. This is his first loan with
Fundación Mario Santo Domingo, and he was referred by two excellent borrowers of this organization. With this loan obtained from Kiva, he plans to enter into the areas of disposable paper, piñata sales and candy sales. This will promote an increase in his customer base during the holidays, which are fast approaching. His goal is to acquire his own location and include wholesale distribution to offer home services. Another goal is to see his children reach the professional level, and especially to see them successfully linked to a large company.
View original language description ↓
Javier L. es el propietario de la “Tienda la Renovación”, en el municipio de Malambo, área metropolitana de Barranquilla; allí vive con su cónyuge y sus dos hijos en la edades de 12 y 14 años, e inició con una experiencia de mas de 13 años, cuando trabajaba como empleado de un mercado de abastos, ubicado en el centro de Barranquilla, y posteriormente con su hermana emprendió un negocio de tienda, por unos años mas, hasta que decidió independizarse e iniciar su propia aventura aprovechando este aprendizaje que hoy aplica a su microempresa.
En su tienda “La renovación”, también vende mercancías variadas y trabaja con su esposa, la que impulsa el mercado, porque son muy reconocidos en todo el municipio.
Este es su primer crédito con la Fundación Mario Santo Domingo organización en la que fue referida por dos prestatarios vinculados a esta organización y de mucha excelencia. Con su credikiva planea incursionar en la línea de papelería desechable, piñatería y dulcería potencializando el aumento de su clientela en la temporada de festividades que ya se acerca.
Su meta es adquirir un local propio y adicionarle una distribuidora al por mayor donde ofrecer servicios a domicilio y ver realizados a sus hijos a nivel profesional y especialmente vinculados exitosamente a una gran empresa.

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
  • 484
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,803.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Javier Esteban breaking into the areas of disposable paper, piñata sales, and candy sales.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 10, 2010
Listed
Sep 11, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011