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Eder
Eder is a young man of 25 who has a business called "E Internet" (And Internet) in the center of Puerto Colombia, a town which is located in the North-west of Atlántico department and borders with the Caribbean coast to the north. Eder is a graphic publicist and an electronic engineering student. Two years ago, he decided to give free reign to his entrepreneurial capacity by opening an Internet café, with the aim of strengthening his personal income and achieving his goal of studying for a professional degree.

In his business, Eder offers telephone, fax, photocopying and Internet services. He also sells stationery products to his neighbors and to nearby schools who are his main customers. In the future, Eder plans to expand his business, renting the adjacent business premises so that he can diversify his offerings and expand his services.

Eder feels very satisfied with his business activity but he faces a great challenge from the competition to which he responds by providing his customers with an excellent service for very good prices. While he builds his dream of increasing his profit margin, which is currently no less than 35%, he continues working with a lot of care and enthusiasm as he grows his customer base.

This is Eder's first loan through Fundación Mario Santo Domingo and he will use it to buy stationery products in order to respond to a supply contract that he has with a governmental organization in the town. With this new income, he will increase his profits.
View original language description ↓
Eder es un joven de 25 años de edad, que tiene un negocio llamado “E Internet “en el centro del municipio de Puerto Colombia, población ubicada al noroccidente del departamento del Atlántico, que colinda al norte con las costas del mar Caribe. Eder es un publicista gráfico y estudiante de ingeniería electrónica, que desde hace dos años decidió dar curso libre a su capacidad emprendedora, mediante la apertura de un café internet con el fin de fortalecer sus ingreso personales y lograr la meta de estudiar una carrera profesional. En su negocio ofrece servicios de llamadas telefónicas, fax, fotocopiaje,internet y articulos de papelería, entre los vecinos de su comunidad y en colegios cercanos que son sus principales clientes actuales. Eder más adelante planea ampliar su negocio adquiriendo en calidad de arrendamiento el local contiguo, para diversificar su oferta y ampliar sus servicios. Eder se siente muy satisfecho con su actividad, pero tiene el gran desafío de la competencia a la que responde entregando a sus clientes un servicio de excelencia y adicionándole muy buenos precios. Mientras construye su sueño de incrementar su margen de utilidad, que en la actualidad es no menor del 35%, continua trabajando con mucho esmero y entusiasmado, con el crecimiento de su clientela. Este es el primer financiamiento que Eder hace a la Fundación Mario Santo Domingo con el comprará artículos de papelería, para responder a un contrato de suministros, que tiene con una organización gubernamental del municipio y con este nuevo ingreso, aumentaría sus utilidades.


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
  • 535
    View loans »
    Colombia Loans Fundraising
  • $14,929,875
    Funds lent in using Kiva
  • 1,782.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Eder to buy stationery products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2011
Listed
Jun 10, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012