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Pablo
Pablo has a restaurant located in the community of La Pradera where he sells stews, cream of cheese soup, yucca meals, and other of his own delicious recipes traditional to the Caribbean Coast. It is located in Cordoba's savannah region. He thought of his enterprising idea in the city of Barranquilla when the community had its first inhabitants. At first he sold fried foods and natural fruit drinks, including orange, lemon, mango, zapote (a fleshy tropical fruit), medlar, watermelon, melon, and guanabana (a fragrant tropical fruit). His business gradually expanded and he added common foods with the goal of catering to the clientele he had already won. Today he has a space in his house that has become too small to support the growth of his business and this is just the challenge he faces. He needs to recondition it and in the future to move it to a new location. His Kiva loan is the first he has with Fundacion Mario Santo Domingo (Kiva Field Partner) and with it he will purchase ingredients, such as rice, meats, and vegetables in large volumes to earn discounts on cash sales. He will also purchase tools for the kitchen to be able to serve his clients more freely. Pablo is married and he has 4 children between the ages of 12 and 23. He dreams of seeing them achieve success and every day he works to support his family through his business.
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Pablo tiene un restaurante en el barrio La pradera, donde vende sancochos, mute de queso, yuca con suero y otras delicias de la comida propia de la costa caribe proveniente de la Sabana de Córdoba , inició su idea emprendedora en la ciudad de Barranquilla, cuando el barrio apenas tenia sus primeros habitantes, vendiendo en un principio frituras y jugos naturales de naranja, limón, mango, zapote, níspero, sandía, melón y guanábana; cuando poco a poco fue creciendo, adicionó la comida corriente, con el fin de aprovechar la clientela que había ganado. Hoy vende en un espacio de su casa que para el crecimiento del negocio le ha quedado pequeño y este es justamente su desafío, adecuarlo y más adelante ubicar un nuevo punto de venta. Su credikiva es el primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará materias primas, como arroz, carnes, verduras en volumen para ganar descuentos por la compra de contado y enseres de cocina y trabajar más holgado con la clientela. Pablo en su condición de casado y con 4 hijos en las edades de 12 a 23 años sueña con verlos exitosos y todos los días se esfuerza por sacar adelante a su familia mediante su trabajo.

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
  • 264
    View loans »
    Colombia Loans Fundraising
  • $13,610,900
    Funds lent in using Kiva
  • 1,815.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Pablo to purchase ingredients, such as rice, meats, and vegetables.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2011
Listed
May 20, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012