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Antonio
Antonio learned the bakery trade when he was 14 years old. He acquired his expertise working for many businesses in his neighborhood and later started his own business which has supported his family, comprised of his wife and two children who work in separate companies. With his savings of several years and small loans he has been able to buy the infrastructure he needed to get started and grow. He is known in the neighborhood for the delicious breads he offers customers, among which are "pan piñita", sweet bread, cheese bread, savory bread, and french bread which he distributes to the stores in the neighborhood. Many families buy from him directly.

Antonio teaches his trade to young people so they will take an interest in it and begin their own business to earn money. Although there are several bakeries in the same area, he does not feel there is much competition because the neighborhood is large and there is enough demand for everyone. The credikiva is his first loan through the Mario Santo Domingo Foundation. He will use it to buy bulk wheat flour, sugar, dairy products and dried fruits. His goal is to continue expanding his business to gain a greater market share and increase income.
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Antonio desde sus 14 años aprendió el oficio de la panadería, y adquirió mucha expereincia trabajando para muchos negocios de su barrio y posteriormente emprendió el suyo propio con el que ha logrado el sostenimiento de su familia compuesta por su cónyuge y sus dos hijos que ya trabajan en diferentes empresas. Con sus ahorros de varios años y pequeños prestamos, logró poco a poco comprar toda la infraestructura que se requería para iniciar y crecer. En su barrio lo conocen por los deliciosos panes que ofrece a su clientela, entre los cuales estan, el pan piñita, pan dulce, pan de queso, pan de sal, pan francés, los cuales distribuye entre tiendas de su barrio principalmente y a muchas familias que le compran directamente. Antonio ensena a jóvenes el oficio para que se entusiasmen y en el futuro emprendan su propio negocio y ganen dinero. Aunque en su area de acción existen varias panaderias, piensa que no le afectan porque el barrio es muy grande y alcanza para todos la demanda. Su creikiva es el primer financiamiento que hace a al Fundación Mario Santo Domingo, con el comprará insumos en mayor volumen como harina de trigo, azucar, lacteos, frutas cristalizadas etc. Su meta es continuar ampliando su negocio para lograr un mejor desempeño en el mercado y aumentar sus ingresos.

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
  • 239
    View loans »
    Colombia Loans Fundraising
  • $13,497,700
    Funds lent in using Kiva
  • 1,908.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Antonio to buy bulk wheat flour, sugar, dairy products and .
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2011
Listed
Oct 5, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 18, 2012