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Juan
Juan G. is 39 years old and sells flowers like roses, jasmine, gladiolus, carnations, etc. In the beginning, he ran this business with his cousin. When he was ready to work at the market on his own, he became independent, and now he has been making his own money for 10 years. He is located close to the cemetery, and his main clients are families of the deceased who come to lay flowers on the graves of their loved ones. In the business of selling flowers, the days of the greatest sales spikes are weekends and festivals, days honoring the deceased mainly. His dream is to become a flower wholesaler since he knows the retail market. Right now he has applied for a Kiva loan, first financing through Fundación Mario Santo Domingo. With this he will buy bulk flowers in order to begin going after his goal.
View original language description ↓
Juan G. de 39 años se dedica a la comercialización de flores naturales, como rosas, jazmines, gladiolos, claveles etc. Inicialmente esta actividad la realizó en el negocio de un primo, y cuando estuvo preparado para atender él solo el mercado se independizó y ahora genera sus ingresos independientes, desde hace 10 años. Él se encuentra ubicado muy cerca al parque cementerio y sus principales clientes son los familiares de difuntos que se acercan a llevar flores a las tumbas de sus seres amados. En la actividad de venta de flores las fechas de mayor repunte de sus ventas son los fines de semanas y festivos, los días de los difuntos principalmente. Su sueño es convertirse en mayorista de flores pues conoce el mercado de los vendedores al detalle. En la actualidad está aplicando a su credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará al por mayor y de contado flores para dar inicio a la meta que se propone.

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
  • 504
    View loans »
    Colombia Loans Fundraising
  • $14,948,000
    Funds lent in using Kiva
  • 1,870.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Juan to buy bulk flowers such as roses, gladiolus, carnations, etc.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2011
Listed
Oct 27, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012