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Willian Enrique
William P., 25, owns his own business, "The Calibres Bakery," and is a communications professional. He has broadened his business experience since his university studies, where in his free time he earned his living making canvas bags, taking advantage of the local market provided by his fellow students. Afterward, he got some more experience by getting together with a friend and starting up a microbusiness selling vacuum-packed frozen goods like cheese sticks, little empanadas, and other snacks.

Two years ago his knack for innovation led him to rent an apartment garage and buy baking equipment. He has been well-received by his clients, so he has gradually been adding new products requested by his customers, like rice, oil, sugar, and grains, such that 50% of his sales are supplies and the other 50% are baked goods. At the same time, William is using his commercial space to offer phone calling and recharge services that bring him additional income. William works in his baking business Monday through Saturday and takes in average daily sales of 350,000 COP with an average profit margin of 35%.

The loan William is requesting from Fundación Mario Santo DOmingo is primarily to buy merchandise and baking ingredients so he can increase his store's inventory. He'll also buy supplies and ingredients in greater quantity so he can get discounts. His goal is to expand his business, taking advantage of the market niche he's positioned in, which is making and selling snack foods and natural juices, a business he'd put on the terrace of his store, which is pretty big.
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William P. tiene 25 años y es el propietario del negocio “Tienda panadería Calibres y un profesional de la Comunicación Social , que agregó su experiencia emprendedora desde cuando estudiaba en la universidad y en sus tiempos libres se dedicaba a la fabricación de bolsos de lona aprovechando el mercado doméstico de sus compañeros de estudio; posteriormente también construyó otra experiencia emprendedora, cuando se asoció con una amiga y crearon una microempresa de congelados empacados al vacio como deditos, empanaditas y demás picadas. Hace dos años su capacidad innovadora lo llevó a alquilar el garaje de un apartamento y a comprar equipos con los cuáles puso en funcionamiento una panadería y como tuvo mucha acogida entre su clientela, gradualmente ha ido adicionándole otros productos solicitados por sus clientes como víveres : arroz, aceite, azúcar y granos, hasta llegar a que hoy el 50% de su venta corresponda a víveres y el otro 50% a productos de panadería; simultáneamente William aprovecha su espacio comercial para ofrecer el servicio de llamadas y recargas a celulares, con los cuales obtiene un ingreso adicional. En su negocio ocupa los servicios de un panadero que trabaja de lunes sábado y maneja un promedio de ventas diarias de $350.000 COP y un margen de utilidad promedio de 35% . El financiamiento solicitado a la Fundación Mario Santo Domingo es el primero con el cual comprará ranchos víveres, e insumos de panadería, para aumentar el surtido de su tienda y comprar materias primas e insumos en mayor cantidad con tal de obtener descuentos. Su meta es agregar a su negocio aprovechando el nicho de mercado en el que está posicionado, la elaboración y ventas de comidas rápidas y jugos naturales, negocio que funcionaria en la terraza de la tienda que es bien amplia.

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
  • 177
    View loans »
    Colombia Loans Fundraising
  • $13,171,600
    Funds lent in using Kiva
  • 1,862.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Willian Enrique to buy inventory, and baking ingredients.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2011
Listed
Jan 31, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012