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Jorge Luis
Jorge is a hardworking man who has spent 16 years selling bananas wholesale, which he gets from Urabá Antioqueño. This is a business that Jorge knows very well and he covers an area that supplies clients in San Jacinto, San Juan Nepomuceno, El Guamo and other parishes within the area. Jorge works together with his wife on their business and he and his family (his wife and two children ages 8 and 16) are financially dependent on this.

He started out in the banana sales business when he was transporting this produce by lorry from el Urabá to the Caribbean Coast of Colombia, where he got to know the suppliers and decided to establish a sales outlet in San Juan Nepomuceno. From there he began to expand, looking for new clients in other villages as he is currently still doing.

Their sales are high as they are the distributors for the area assigned to them. They sell banans directly to businesses such as shops, restaurants and retail outlets in the market. Their total assets are comprised largely of a car and motorbike, very useful for the distribution of their products.

Jorge is applying for his first Kiva loan, but his wife has received 6 sets of funding from Fundación Mario Santo Domingo, which she has invested into their business. With their Kiva loan they will buy bananas directly, guaranteeing better pries which he will be able to pass on to his customers. His business has grown thank to funding from Fundación Mario Santo Domingo, as he now has a distribution vehicle, four members of staff, a cold room and a fixed client base. His future target is to expand his cold room and diversify his product line to include new produce such as vegetables so as to continue to better his family's well-being, particularly so as to secure a quality education for his children. His biggest challenge is when there are fruit harvests, which reduces sales and for this reason he plans to dabble in other products that could replace his current produce.
View original language description ↓
Jorge es una persona trabajadora que tiene 16 años de estar en el negocio de ventas al por mayor de banano y plátano, los cuales trae de la zona del Urabá Antioqueño. Este es un negocio que Jorge conoce muy bien, tienen la zona asignada entre quienes a él se dedica; su clientela está ubicada en San Jacinto, San Juan Nepomuceno, El Guamo y otros corregimientos de la zona. Jorge se dedica a este negocio en unión de su esposa y de esta actividad su familia conformada por ellos y sus hijos de 8 y 16 años dependen económicamente de esta actividad.
Se inició en el negocio vendiendo banano cuando transportaba este producto en unos camiones desde el Urabá hasta la Costa Caribe de Colombia, donde conoció los proveedores y decidió emprender un punto de venta en San Juan Nepomuceno; luego fue ampliándolo, buscando nuevos clientes en otros pueblos como en la actualidad lo están haciendo.
Sus ventas son altas debido a que son distribuidores en la zona que tienen asignada; el banano y el plátano lo venden directamente a los negocios como tiendas, restaurantes y puntos de venta en el mercado. Sus activos totales están representados la mayor parte por el carro y la moto, vehículos, muy útiles para la distribución de sus productos.
Jorge Está aplicando a su primer credikiva, pero su esposa en la Fundación Mario Santo Domingo ha obtenido 6 financiamientos, que ha inyectado a su capital de trabajo. En la actualidad con su credikiva comprara plátano directamente, garantizando mejores precios que trasladará a sus compradores. Su negocio gracias a los financiamientos de la Fundación ha crecido, ahora cuenta con un vehículo repartidor, cuatro empleados, un cuarto frio y clientes permanentemente. Su meta más adelante es ampliar su cuarto frio y diversificar su oferta con productos nuevos como verduras, para continuar fortaleciendo el bienestar de su familia, especialmente lograr estudios de calidad para sus hijos. Su mayor desafío es cuando hay cosechas de frutas que disminuyen las ventas, por eso planea incursionar en productos que reemplacen los actuales.

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
  • 246
    View loans »
    Colombia Loans Fundraising
  • $13,361,775
    Funds lent in using Kiva
  • 1,917.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Jorge Luis to buy bananas directly cutting out the middleman.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2011
Listed
Nov 24, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012