Check out some available loans that are similar to this one!
Alexander De La Cruz
Alexander, 24, lives with his wife in the 7 de Abril neighborhood in the southwest part of the city. He makes food and natural juices from tropical fruit such as guanábana, níspero, zapote, mango and many others. He is originally from the Bananera area but arrived in Barranquilla seeking employment opportunities. He worked as a grain farmer's assistant for five months, then worked as a food vendor which is where he gained his experience. He decided to become independent and generate his own income, and set up his own business with his wife's support.

So, seven years ago he began selling food such as chicken and vegetable rice, roast pork belly, fried chicken, hard-boiled eggs, and other delicacies. He sets up his tricycle stand in a strategic part of the city, near the urban bus terminal, and is very well-known by the bus drivers and bus station employees. He sells on a cash basis and also buys his supplies on a cash basis which means he must spend more on transportation due to the frequency in purchases of small quantities. The reason he is requesting a credikiva, which is the first loan through the Mario Santo Domingo Foundation, is to buy bulk rice and oil, as well as other supplies required for the food preparation.
View original language description ↓
Alexander de 24 años de edad vive con su cónyuge en el barrio 7 de abril al suroccidente de la ciudad. Desde allí se dedica a la preparación de comidas y jugos naturales a base de frutas tropicales, como guanábana, níspero, zapote, mango y muchas más. Proveniente de la zona Bananera, llegó a Barranquilla en busca de oportunidades de empleo e inició su trabajo en un granero como ayudante y 5 meses después trabajó en un negocio de ventas de comidas, de allí adquirió toda su experiencia y la trasladó a su necesidad de ser independiente, generando ingresos de manera autónoma mediante el montaje de su negocio apoyado en sus tareas por su cónyuge. Así fue como inició desde hace 7 años, vendiendo comidas, como arroz de pollo y verduras, asadura de cerdo, panza, pollo frito, huevo cocido y otras delicias, en un punto estratégico de la ciudad, donde se ubica en su triciclo y en este punto es muy reconocido, porque es una terminal de buses urbanos, y por consiguiente sus principales clientes son los conductores de buses y los empleados de esta estación y de los alrededores. Sus ventas son de contado y así mismas sus compras, lo cual le genera mayores gastos de transporte y no tiene descuentos por ellas por la frecuencia diaria de las mismas. Esta es la razón por la cual acude a su credikiva primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará arroz por bultos y aceite en mayor volumen así como otros insumos que requiere para la preparación de las comidas que vende.

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
  • 557
    View loans »
    Colombia Loans Fundraising
  • $14,903,600
    Funds lent in using Kiva
  • 1,757.6
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Alexander De La Cruz to buy bulk rice, oil and supplies.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2011
Listed
Aug 3, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012