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Luis German
Luis is 56 years old and lives in the city of Cartagena and has a 16 year old son. He is the owner of a miscellaneous shop and a hairdresser/barbershop where he offers personal image improvement for men, women and children; at the same time he sells his miscellaneous beauty products and accessories for women and the home. Luis began his business ten years ago when he became unemployed after working in a hairdresser/barbershop and took advantage of his experience to open his own shop. Little by little, he began to add new products and taking advantage of his family clientele whom he gave advice about beauty products and that is how another source of income started in his workplace. At present, Luis lives in his own home thanks to the support given to him by the Fundación Mario Santo Domingo in the Bicentenary City macroproject, where he received two loans as work capital. With his credikiva he will buy merchandize that are on sale in his specialized product guides like makeup and beauty products that go with his already famous beauty and aesthetic accessories. Luis’ goal is to have a great place to move his business, a more comfortable space to keep improving his customer service.
View original language description ↓
Luis de 56 años de edad vive en la ciudad de Cartagena y tiene un hijo de 16 años. El es propietario de un negocio de variedades y de una peluquería donde ofrece servicios de mejoramiento de la imagen personal a hombres, mujeres y niños; así mismo vende en su miscelánea productos de belleza y accesorios femeninos y para el hogar. Su negocio lo inició hace diez años, cuando quedó desempleado trabajando en una peluquería y aprovechó su experiencia para dedicarse a esa misma actividad. Gradualmente fue agregando otros productos, aprovechando su clientela doméstica, a quien asesoraba a cerca del uso de los productos cosméticos y así inició otra fuente de ingresos en su mismo espacio comercial. En la actualidad tiene su propia casa, gracias al apoyo que le dio la Fundación Mario Santo Domingo, en el macroproyecto Ciudad Bicentenario, y con este ha recibido dos financiamientos, para capital de trabajo por parte de esta organización. Con su credikiva comprará mercancías, que vienen en descuentos en sus guías especializadas de productos, como cosméticos y productos de belleza, que acompaña con sus ya famosas asesorías en belleza y estética. Su meta más adelante es tener un gran local, para mudar su negocio a un espacio mucho más confortable, con el fin de continuar mejorando su servicio al cliente.

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
  • 175
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 1,920.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Luis German buy merchandize on sale like makeup and beauty products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2011
Listed
Dec 29, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2013