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Jaider
Jaider is a very well-known Young man from the Sierrita neighborhood in the south part of Barranquilla, where he lives and has a fast food business. He started it when he came up with the idea of selling fried food, like arepas, empanadas stuffed with meat and cheese, and other delicacies. Since his entrepreneurial spirit is limitless, he saw a new opportunity when he spotted an unused hot dog cart near his home. He put together some money and bought it from his neighbor and it has been a source of income for him ever since; selling hot dogs, hamburgers, and chuzos, to which he adds delicious salsas that only he can make.

Jaider wants to reorganize his business and promote it. He also wants to have a new point of sale. In the meantime he continues to work at a profit margin of no less than 38% so the he can reach his personal, family, and business goals.

He is using his Kiva loan to buy supplies and ingredients, such as salsa, meats, cheeses, and sausages in bulk, in order to get them at better prices and pass the savings on to his customers. This will be a successful investment because his offers are more appealing to his customers and he gets more each day. Jaider does not want to deprive them of the chance to enjoy his delicious products.
View original language description ↓
Jaider es un joven muy conocido en el barrio la Sierrita al suroccidente de la ciudad de Barranquilla, lugar donde habita y tiene el negocio de vender comidas rápidas, el cual inició cuando se le ocurrió hacer fritos como arepas, empanadas rellenas de carne y queso entre otras delicias; como el espíritu emprendedor de Jaider no tiene límites, él vio una nueva oportunidad, al observar un carro de perros calientes en su vecindad, que se encontraba en capacidad ociosa; así fue como reunió dinero y lo compró a su vecino y hasta la fecha, este ha sido la forma de generar sus propios ingresos, vendiendo perros calientes, hamburguesas, chuzos, a los que agrega las deliciosas salsas, que solo Jaider sabe preparar, su idea es estructurar mejor su negocio, organizándolo físicamente y promocionándolo, así como tener un nuevo punto de ventas. Mientras tanto Jaider continua trabajando con una utilidad promedia sobre las ventas no menor del 38%, para lograr sus metas personales, familiares y de negocio. En la actualidad está aplicando a su credikiva con el cual comprará en mayor volumen, materias primas e insumos al por mayor, como salsas, carnes, queso, embutidos, para obtener mejores descuentos y trasladárselos al precio de ventas de sus productos, así esta inversión sería exitosa porque su oferta es más llamativa para sus clientes, que todos los días se incrementan y Jaider no quiere quedarse con la posibilidad de brindarles la oportunidad de consumir sus deliciosos productos.

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
  • 297
    View loans »
    Colombia Loans Fundraising
  • $13,971,825
    Funds lent in using Kiva
  • 1,811.1
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Jaider to buy ingredients and supplies for his hot dog cart.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2011
Listed
Apr 20, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011