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Hector Anibal
Héctor Martínez B. is a young salesman who lives in the town of Carmen del Bolívar, in the north of Colombia. Since he was a young boy he helped his mother in her work as a shopkeeper. Faced with her recent and untimely death, he had to take over her business.

In spite of the fact that he lives in an area which is mainly made up of farmers and craftspeople, Héctor decided to work selling foodstuffs. Most of his customers are peasants who work in nearby districts and do their shopping every week. Almost all his sales are made for cash and this allows him to sell at lowers prices. His average daily sales amount to 400,000 Colombian pesos and his average profit margin is 15%.

This is Héctor's first loan with Fundación Mario Santo Domingo and he plans to invest the money in buying foodstuffs wholesale. In the not-so-distant future this small businessman plans to convert his business into a supermarket to provide his customers with more convenience. Héctor combines his work with his studies and, because he is the eldest brother, he drives home to his siblings the need for them to get training in order to become good citizens.

What Héctor likes most about his work is the permanent contact with people who visit his business, some of whom are good friends. He dreams of becoming a professional and being able to help the poorest children in his town as a way of honoring his mother's memory as his mother was a very generous lady.
View original language description ↓
El señor Héctor Martínez B. es un joven comerciante que vive en el municipio del Carmen de Bolívar, al norte de Colombia. El, desde muy niño, ayudaba a su madre en el oficio de tendero y, ante la reciente e intempestiva muerte de ella, debió hacerse cargo del negocio. Héctor, a pesar de vivir en una localidad eminentemente agrícola y productora de artesanías, optó por dedicarse a la venta de víveres. La mayoría de sus clientes son campesinos que viven en veredas cercanas y hacen compras cada semana. Casi todas las ventas las realiza de contado y esto le permite ofrecer precios más bajos. El promedio de ventas diarias es de $ 400.000 COP y el margen promedio de utilidad es del 15%. Este es su primer préstamo con la Fundación Mario Santo Domingo y planea invertirlo en la compra de víveres al por mayor. En un futuro próximo, el microempresario planea convertir su negocio en un autoservicio para mayor comodidad de sus clientes. El combina el trabajo con el estudio y por ser el hermano mayor, les inculca a sus hermanos la necesidad de capacitarse para ser ciudadanos de bien. Lo que más le gusta a Héctor de su trabajo es el contacto permanente con las personas que visitan su negocio, algunas de las cuales son buenos amigos. Sueña con ser un profesional y poder ayudar a los niños más pobres de su localidad en honor a la memoria de su madre, quien siempre se distinguió por ser una dama generosa.

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
  • 268
    View loans »
    Colombia Loans Fundraising
  • $13,343,550
    Funds lent in using Kiva
  • 1,923.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Hector Anibal to buy foodstuffs wholesale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2010
Listed
Dec 21, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012