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Yesid José
Yesid lives with his wife and three children who are aged between 2 and 9. They live in Villa del Carmen neighborhood, in the town of Soledad, which is very near the city of Barranquilla.

Some years ago, Yesid's neighbor decided to close her Internet cafe business and offered it to Yesid, allowing him to pay her in instalments for all the equipment. Yesid took on this opportunity very responsibly. He acquired well-located business premises in his community and started his business venture which he called "Café Internet YESITEL". He says "Thanks to God, it has done very well". In six months he managed to repay his neighbor for the equipment.

Yesid approached Fundación Mario Santo Domingo to apply for a Kiva loan, which is his first loan with our organization, because he would like to continue growing so that he can make more income, improve his family's well-being and provide his children with educational opportunities so that they can be successful in the future.

Yesid will use his Kiva loan to buy a computer, a printer and wireless phones to strengthen his business and start working towards his dream of growing his business.
View original language description ↓
Yesid vive con su conyuge y sus tres hijos en las edades de 2 a 9 años, en el barrio Villa del Carmen del municipio de Soledad, lugar muy cercano a la ciudad de Barranquilla; Hace un años su vecina decidió cerrar su negocio de cafè internet y lo ofreciò a yesid para que lo pagara por cuotas todos los equipos, él muy conciente de esta oportunidad, consiguió un local bien ubicado en su comunidad y emprendió su aventura, llamada “Cafè Internet YESITEL” que como el dice “le ha ido muy bien gracias a Dios” y en 6 meses ya ha canelado a su vecina el valor de sus equipos. En la actualiad se acercò a la Fundación Mario Santo Domingo para aplicar a su credikiva, que es el priemer financiamiento que hace a esta organizaciòn, porque quiere continuar creciendo, para generar mayores ingresos y aumentar el bienestar familiar y ofrecer oportunidades de estudio a sus hijos, para que en un futuro sean exitosos. Con su credikiva comprará un computador, una impresora, telefonos inalambricos para fortalecer su negocio e iniciar la puesta en marcha de su sueño de crecimiento.

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
  • 560
    View loans »
    Colombia Loans Fundraising
  • $14,903,600
    Funds lent in using Kiva
  • 1,775.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Yesid José to buy a computer, a printer and wireless phones.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2011
Listed
Jun 18, 2011
Currency Exchange Loss:
Covered
Ended:
May 19, 2013