Check out some available loans that are similar to this one!
Guido Daniel
Guido Daniel S. C. is a 46 year old man who lives in the municipality of Soledad, with his spouse and their two children, who are 8 and 12 years old. There he has a business called "Bobinas Guido", (Guido's Coils) where he produces coils that he sells in the center of Barranquilla, Ciénaga, Fundación, and other coastal towns. He also offers maintenance and repair services for fans in his own neighborhood, and sells spare parts for them.


Guido started his business in the year 1990 due to the need to search for income to support his family, which he has attained, always with the intention and the decision to grow and support himself in the market. The fixed assets linked to his micro-business are his tool boxes and a table. His business has been successful due to his skilled service, and he has been able to build a good customer base not only in his community, but also in the center of Barranquilla and the towns of Ciénaga and Fundación.


His average sales are 3,170,000 Colombian pesos, and he generates profits of 23%. For three years he has been linked to the Fundación Mario Santo Domingo, an organization which has given him three loans which he has applied specifically to his business, which has been the reason it has grown and his profits have increased. This has allowed his to buy his home and pay for the education of his children. He dreams to give them a high-quality education so that they can prosper in the future. For this reason, he will dedicate all of his efforts to improve his business, adapting it to a main room where he displays a grand workshop.


With this "credikiva" (Kiva loan), his fourth loan with the Fundación Mario Santo Domingo, he will buy: copper wire, coils, soldering wires, spare parts for fans, preparing himself for the end of the year when there is a lot of money in circulation and his sales increase.

View original language description ↓
Guido Daniel S. C. es un hombre de 46 años de edad que vive en el municipio de Soledad, con su cónyuge y sus dos hijos de 8 y 12 años. Allí tiene un negocio llamado “Bobinas Guido” dedicado a la producción de Bobinas que vende en el centro de Barranquilla, Ciénaga y Fundación, otros municipios costeros; también ofrece el servicio de mantenimiento y reparación de abanicos en su propio barrio y vende sus repuestos. Guido inició su negocio en el año 1990 por la necesidad de buscar ingresos para sostener su familia, y lo ha logrado, pero siempre con la intención y la decisión de crecer y sostenerse en el mercado. Los activos fijos vinculados a la microempresa son sus cajas de herramientas y una mesa. Su negocio ha sido exitoso por su servicio calificado, porque ha logrado construir una buena clientela tanto en su comunidad como en el centro de Barranquilla y en los municipios de Ciénaga y Fundación; sus ventas promedias son $3.170.000 COP y genera utilidades del 23 % Desde hace tres años está vinculada a la Fundación Mario Santo Domingo, organización con la que ha recibido 3 financiamientos que ha aplicado efectivamente a su negocio, razón por la cual ha crecido y sus utilidades se han incrementado, logrando adquirir su vivienda y pagar la educación de sus hijos, con quienes sueña verlos educarse con calidad y prosperar en el futuro, por eso dedicará todos sus esfuerzos a perfeccionar su negocio, adecuándolo en una habitación principal donde se exhiba como un gran taller. Con su credikiva, cuarto financiamiento con la Fundación Mario Santo Domingo comprará: alambre de cobre, carretes, alambre desoldadura repuestos de abanicos,preparandose para el fin de año momento en que hay mucho dinero circulante y su venta se incrementa.

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
  • 240
    View loans »
    Colombia Loans Fundraising
  • $13,362,800
    Funds lent in using Kiva
  • 1,880.9
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Guido Daniel copper wire, coils, soldering wire, spare parts for fans, and preparing himself for year-end when there is a lot of money in circulation and his sales increase.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2010
Listed
Dec 17, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012