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José Mirtiliano
José has been selling refreshing drinks since the year 2002, a time in which he became unemployed and so to support his family he decided to invest his money and work independently. Thus he allocated a space in his home and started up from this place, which is a very strategic point near the municipality's plaza where the days of Carnival constitute one of the most significant holidays for the population. With his work and discipline José's business has grown gradually, and currently he has had three loans through Fundación Mario Santo Domingo.

Thus he has succeeded in improving his lifestyle, and today his goal is to continue expanding his business, especially with regards to the location, so as to grow his line of merchandise and offer his customers a comfortable environment. However his working capital is still insufficient for fulfilling his dream, and this is precisely the reason for which he turns to his Kiva loan, the fourth loan he has taken out with the Foundation. With it he plans to expand his working capital and invest in soft drinks and other beverages by the box, taking advantage of the approaching Carnival season, a time during which happiness overflows and the partying spirit infects his customers who then spend more in amusements and refreshments, which is good for José's business.
View original language description ↓
José vende refrescos y bebidas desde el año 2002, época en la que quedo desempleado y para sostener su familia, decidió invertir su dinero y trabajar de manera independiente; así fue como ubicó un espacio en su casa e inició en este lugar, que es un punto muy estratégico, cerca a la plaza del municipio, donde los carnavales son una de las fiestas mas significativas para la población. El negocio de José con su trabajo y disciplina, ha crecido gradualmente y en la actualidad lleva 3 financiamientos, a través de la Fundación Mario Santo Domingo. Con él ha logrado mejorar su nivel de vida y hoy su meta es continuar ampliándolo, especialmente en lo que se refiere al espacio locativo, para aumentar su oferta y brindar a los clientes un ambiente confortable, pero aun su capital de trabajo no es suficiente para cumplir con su sueño y esta es justamente la razón por la cual acude a su credikiva, cuarto financiamiento que hace a la Fundación, con el cual planea aumentar su capital de trabajo, invertir en refrescos, bebidas por cajas, aprovechando la temporada de carnaval que se acerca, época en la cual hay derroche de alegría, y mucha fiesta que contagia a sus clientes y estos, gastan mas en divertirse y refrescarse, lo cual conviene al negocio de José.

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
  • 585
    View loans »
    Colombia Loans Fundraising
  • $14,702,900
    Funds lent in using Kiva
  • 1,812.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped José Mirtiliano to purchase soft drinks and other beverages by the box.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2012
Listed
Jan 27, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014