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Marlon Arley
26-year-old Marlon lives with his wife and two children. His children are 4 years and 4 months respectively. Marlon has an establishment where he provides a video game service. He has six television sets and people come to play games. He has been working in this business for approximately six years. There are other establishments locally which offer the same services but he hopes to survive by gradually using more technology. He started his business as he needed to make income to cover his household expenses and, together with his wife, provide his family with more comfort.

This Kiva loan is the first loan that Marlon has received from Fundación Mario Santo Domingo. He will use it to buy more up-to-date games and also make some changes in order to provide a comfortable environment for his discerning customers. Marlon's biggest challenge is obtaining funding in order to increase his working capital and this is precisely the path that he will open up by accessing these loans.
View original language description ↓
Marlon de 26 años vive con su cónyuge y sus dos hijos en las edades de 4 años y 4 meses de nacido. Él tiene un establecimiento donde presta el servicio de alquiler de video-juegos, tiene 6 televisores y allí acuden las personas a jugar en los equipos. Aproximadamente tiene 6 años de estar funcionando en estas instalaciones, a su alrededor existen otros establecimiento que ofrecen los mismos servicios pero que espera superar aplicando mayor tecnología gradualmente. Su negocio inició por la necesidad de generar otros ingresos para responder a los gastos del hogar y en compañía de su esposo generar mayor bienestar. Su credikiva es el primer financiamiento a la Fundación Mario Santo Domingo, con el cual comprará juegos más modernos y también hará adecuaciones que generen mayor comodidad y un ambiente confortable a su exigente clientela. Su mayor desafío es lograr financiación para aumentar su capital de trabajo y eso es lo que justamente el camino que iniciará al acceder a estos financiamientos.




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
  • 530
    View loans »
    Colombia Loans Fundraising
  • $14,933,525
    Funds lent in using Kiva
  • 1,792.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Marlon Arley to buy more up-to-date games and to make some changes in order to provide a comfortable environment.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2011
Listed
Sep 6, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 18, 2012