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Adiel
Adiel B. is 36 years old and works selling oranges at wholesale and for retail in the market plaza in Barranquillita, a large commercial space that is very well known in the city where housewives, traveling vendors, business, and stores shop. From there, Adiel distributes his products to municipalities in the Atlántico department, all the traveling vendors in the market and the city of Barannquilla, and some supermarkets also buy from him. His business started six years ago from his natural independence, because he needed to develop his independence and also generate income to support himself.

Adiel has received six loans from the Fundación Mario Santo Domingo, which has allowed him to offer financing to his customers. Before he only accepted cash, and now he can offer this service, but only if he chooses profitable customers. His goal is to continue growing his business in areas where he has not gone yet. He is preparing for this, but until it happens, he continues working with his assistant and generating a profit of no less than 40%.

Currently, Adiel is asking for this Kiva loan to purchase oranges and vegetables at wholesale. For about five months, he has been supplying these products daily to the homes of Family Welfare, a government program developed in the levels 1 and 2 of the System of Identification and Classification of Potential Beneficiaries of social programs. It has the goal of drawing attention to the importance of early childhood and contributing to the improvement in feeding and nutrition of children. Adiel believes this investment will be successful, because he is focused on increasing the distribution of his products in this large scale and stable program, which will have a positive impact on his income.
View original language description ↓
Adiel B. es un hombre de 36 años, que se dedica a la venta de naranjas al por mayor y al detal en la plaza del mercado de Barranquillita, espacio de gran movilización comercial muy conocido en la ciudad, donde transitan amas de casa, vendedores ambulantes, empresas y negocios en general; desde allí Adiel distribuye sus productos hacia municipios del departamento del Atlántico y a todos los vendedores ambulantes del mercado y de la ciudad de Barranquilla, así como a algunos supermercados que también le compran. Su negocio inició hace 6 años, dándole curso a su naturaleza independiente, porque necesitaba desarrollar su autonomía y al mismo tiempo generar ingresos para el auto sostenimiento. Adiel ha recibido seis financiamientos de la Fundación Mario Santo Domingo, con ellos ha logrado financiar su cartera de clientes, pues antes solo vendía de contado y ahora puede ofrecer este servicio, pero eso si escogiendo clientes rentables; su meta es continuar ampliando su cobertura en lugares donde hasta el momento no ha llegado y para eso se prepara, pero mientras esto ocurre continua trabajando con su ayudante y generando una rentabilidad no menor del 40%.
En la Actualidad Adiel está solicitando su credikiva para comprar naranjas y verduras al por mayor, pues desde hace 5 meses está suministrándole diariamente estos productos, a los hogares de Bienestar familiar, programa que el gobierno desarrolla en los estratos 1 y 2 del Sistema de Identificación y Clasificación de Potenciales Beneficiarios para los programas sociales, con el propósito de lograr una atención integral a la Primera Infancia, contribuyendo con el mejoramiento de la alimentación y nutrición de niños y niñas. Adiel proyecta que esta inversión será exitosa, porque está enfocada a aumentar la distribución de sus productos en este programa de una gran envergadura y estabilidad, que le representan a él un impacto positivo de sus ingresos.

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

  • $11,100
    Average annual income
  • 500
    View loans »
    Colombia Loans Fundraising
  • $14,967,675
    Funds lent in using Kiva
  • 1,782.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Adiel to purchase oranges and vegetables at wholesale.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 29, 2011
Listed
Apr 28, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012