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Sergio
Sergio, 28, has worked making and selling fast food for four years, when he learned to prepare hot dogs, "salchipapas" (a combination of sausage and fried potatoes), and hamburgers of different meats that he mixes with sauce and pure honey, and decided to offer them to the whole community of neighbors and acquaintances.

Currently his business grows every day and he needs more working capital to make cash purchases in bulk, especially of the various sauces he uses to prepare his products. He is going to make the most of the Carnival season (a period in which traditionally sales grow) to invest big.

For this reason he is turning to his Kiva loan, the first financing he is getting from Fundación Mario Santo Domingo, with which he will buy ingredients and supplies such as sauce and honey to carry out his objective to sell much more and earn a lot more as well.

His goal is for his business to be recognized and to increase the prestige of his delicious hot dogs.
View original language description ↓
Sergio de 28 años de edad se dedica a la preparación y venta de comidas rápidas, desde hace 4 años cuando aprendió a prepararlos y decidió ofrecer perros calientes, salchipapas (combinación de salchichas con papas fritas) hamburguesas de diferentes carnes que mezcla con salsas y miel pura, a toda la comunidad de vecinos y conocidos . En la actualidad su negocio cada día crece y requiere de mayor capital de trabajo, para hacer compras de contado y en mayor volumen, especialmente de las diferentes salsas que usa, en la preparación de sus productos. Él va a aprovechar la época de carnaval, periodo en el cual tradicionalmente las ventas crecen, para invertir en grande; esta es la razón por la cual acude a su credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el que comprará materias primas e insumos como salsa y miel para cumplir con el objetivo de vender mucho mas y ganar mucho mas también, pues su meta es lograr el reconocimiento de su negocio y aumentar el prestigios de sus deliciosos perros calientes.

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
  • 486
    View loans »
    Colombia Loans Fundraising
  • $15,259,900
    Funds lent in using Kiva
  • 1,796.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Sergio to buy ingredients and supplies such as sauce and honey.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2012
Listed
Jan 30, 2012
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013