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Evert
Evert, 24, operates a business selling cell phones and phone accessories in the city of Barranquilla. He provides maintenance and repair services, as well, and stocks sweets like caramel and other snacks for sale. He started the business because he needed an income to pay for his car and because--despite a Languages degree- he wasn't able to find work in his field. His technology background landed him an early job at a cell phone sales store and he decided to build his skills by learning how to service the software for activating the equipment. He then used his savings to start his own business, a business that he opened in a space at a shopping center. He sells phone minutes, sweets such as caramel, cell phone and phone accessories. He also provides repair and other technical services for cell phones. This is his first Kiva loan and he will use it to buy the latest technology and caramels that his clients like, at wholsesale, for bigger discounts. His goals for the future are to expand his business, get a house of his own and have two children. He is already well on his way to meeting his first goal and it pleases him that he can share it with his partner. Meanwhile, Evert is working to generate a rotating account and a profit over sales of no less than 37%, financial indicators for planning growth.
View original language description ↓
Evert de 24 años tiene un negocio en el centro de la ciudad de Barranquilla, donde vende celulares y accesorios, ofrece servicio técnico de mantenimiento y reparación de los mismos y vende dulces como ariquipes, y otros alimentos. Inició su aventura de negocio para responder a las necesidades de generar ingresos para su auto sostenimiento y porque como licenciado en Idiomas, no había logrado desempeñarse en lo que había estudiado. Inicialmente su experiencia data desde que fue empleado en un almacén, donde comercializaban accesorios y celulares, desde allí decidió realizar una capacitación técnica en software para actualización de equipos. Con sus ahorros logró independizarse y emprender su negocio, en un local ubicado en un centro comercial, allí vende minutos, dulces, especialmente ariquipe, los cuales vende a crédito y con una frecuencia semanal. Igualmente vende celulares y accesorios de contado y ofrece el servicio técnico de reparación y mantenimiento de los mismos. Su credikiva es el primer financiamiento, el cual invertirá en la compra de celulares de mayor tecnología y arequipes (Dulce elaborado a base de leche) que tiene encargado por sus clientes y con su compra al por mayor ganaría descuentos. Su meta más adelante es lograr ensanchar su negocio, adquirir una vivienda propia y tener dos hijos, de los cuales uno ya viene en camino y esto lo hace muy feliz a lado de su cónyuge. Mientras todo esto ocurre, Evert trabaja generando en su negocio una rotación de cuentas por cobrar de un día, es decir que le da crédito a sus clientes y ellos le pagan al día siguiente y con una rentabilidad sobre las ventas no menor del 37%, indicadores financieros desde los cuales planea su 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

  • $6,070
    Average annual income
  • 287
    View loans »
    Colombia Loans Fundraising
  • $14,063,675
    Funds lent in using Kiva
  • 1,785.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Evert to buy merchandise for his cell phone sales business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2011
Listed
Sep 5, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2012