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Eduardo Luis
Eduardo lives with his wife and his six year old son to the southwest of the city. With his business of selling fruits and vegetables he has managed to support his household. Now, he wants to make it grow by infusing it with work capital.

During the times of greater commercial movement, like the end of the year, he does not have enough working capital. This means he cannot meet his customers’ needs, which grow more every day.

His goal is to manage to have his own house. That is why he makes an effort all of the time in order to increase the well-being of his household.

Eduardo went to school up until the eighth grade, high school. When he formed his family he almost immediately finished this grade. He developed this enterprising idea to support his household. His experience dates back to over 30 years ago when he helped his mother, who also sold vegetables in a place in the center of the city.

He makes his purchases and sales every day. He has a customer base that knows him and places orders with him. They recognize the quality of the fruits and vegetables that Eduardo sells.

He is currently requesting a Kiva loan, his first loan with the Fundación Mario Santo Domingo. He will use the loan to buy carrots, scallions, potatoes, beans, and grapes. These are the products that sell the most at the end of the year. The families use them as ingredients for the delicious Creole pastries that come with three meats and a lot of vegetables. Also, each member of the family has 12 grapes to await the New Year with their 12 traditional wishes.
View original language description ↓
Eduardo vive con su cónyuge y su hijo de 6 años de edad al sur occidente de la ciudad. Con su negocio de vender frutas y verduras, ha logrado el sostenimiento de su hogar y hoy quiere hacerlo crecer, aplicando inyecciones de capital de trabajo a él, pues en las épocas de mayor movimiento comercial, como las de fin de año, su capital de trabajo se torna insuficiente para responderle a su clientela, que día a día crece más. Su meta es lograr tener su propia casa y por eso trabaja esforzándose en todo momento, con el fin de lograr aumentar el bienestar de su hogar. Eduardo estudió hasta octavo grado de bachillerato y cuando se organizó en familia, casi inmediatamente terminó este grado, generó esta idea emprendedora para lograr sostener su hogar; su experiencia data desde hace mas de treinta años, cuando apoyaba a su madre en el comercio de verduras también, en un lugar ubicado al centro de la ciudad. Sus ventas las hace diariamente y sus compras también, posee una clientela que lo reconoce y que ya le hace encargos, pues identifica la calidad de las frutas y verduras que vende Eduardo. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará zanahoria, cebollín, papa, habichuela y uvas, productos que mas vende a final de año donde las familias la consumen como insumo de los deliciosos pasteles criollos que vienen con tres carnes y con mucha verdura y porque cada uno en la familia cuenta con 12 uvas, para esperar el año nuevo con su 12 tradicionales deseos.

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
  • 499
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,942.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Eduardo Luis to buy carrots, scallions, potatoes, beans, and grapes.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 29, 2011
Listed
Dec 31, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012