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David Alfonso
David C. is a businessman who has succeeded, with his 13-year-old business selling ripe bananas wholesale, at supporting his household made up of his wife and their two children. Although his first experience was in setting up a shop, he decided to switch to this business to be able to bring in better earnings with reduced working hours. Thus he has felt contented from the very first moment in which he rented his stand at the fruit market, setting about the task of acquiring customers and growing gradually by adding new fruits.

Currently he is seeking his first financing with Fundación Mario Santo Domingo, by which he will add new capital in order to increase the volume of cash purchases of bananas and make additional earnings by applying this system. Furthermore this debt acquisition will help him open up the possibilities for enticing new customers by offering them some highly desirable products. His dream and major challenge is to capitalize his business to a level at which his income will allow him to handsomely adapt the housing that he recently acquired by his own efforts.
View original language description ↓
David C. es un hombre de negocios que con su venta de bananos maduros al por mayor desde hace 13 años, ha logrado el sostenimiento de su hogar conformado por su esposa y sus dos hijos. Aunque su primera experiencia fue el montaje de una tienda, decidió cambiarse a esta actividad para lograr mayores utilidades en menos tiempo de trabajo, por eso se siente satisfecho desde que el mismo momento en que arrendó su local en el mercado de frutas y se dio a la tarea de conseguir la clientela, la que gradualmente ha aumentado agregándole nuevas frutas. En la actualidad solicita su primer financiamiento con la Fundación Mario Santo Domingo, con el cual adicionará un nuevo capital que le sirve para aumentar el volumen de compras de contado en bananos y ganarse un adicional por aplicar este sistema, además este capital en préstamo le ayudará a ampliar las posibilidades de nuevos clientes con productos a los cuales puede ofrecer y que son de mucha aceptación.
Su sueño y máximo desafío es capitalizar el negocio sufrientemente, para que sus utilidades le permitan adecuar en excelentes condiciones la vivienda que recién ha adquirido con esfuerzo propio .


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
  • 192
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 1,878.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped David Alfonso to make cash purchases of bananas in greater quantity.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2011
Listed
Mar 18, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012