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Luis
Luis is 48 years old and lives in the city of Barranquilla with his wife and his two children, ages 4 and 5 years. He makes a living as a professional photographer at events such as birthdays, graduations, first communions, etc.

He originally learned through a friend and later was able to specialize through a combination of specific courses, which has allowed him to perfect his work and devote himself to building clientele, which today helps him stand out in the city.

As his goal is to have his own studio and a store for camera accessories, his major challenge is to have sufficient working capital to achieve that. This is exactly the reason he is applying for credit with Kiva, the first funding which is made to the Fundacion Mario Santo Domingo, through which he will buy accessories like cases, souvenirs, picture frames, and make his own photography studio adequate.

With this investment he will be able to continue operating his business and surely augment and diversify his services, which will be more useful, resulting in a successful investment.
View original language description ↓
Luis de 48 años de edad, vive en la ciudad de Barranquilla, con su cónyuge y sus 2 hijos en las edades de 4 y 5 años; allí se dedica al oficio de fotografía profesional en eventos, como cumpleaños, grados, primeras comuniones etc. Inicialmente aprendió a través de un amigo y posteriormente se dedicó a especializarse mediante la formación en cursos específicos, lo cual le ha permitido el perfeccionamiento de su trabajo y se dedicó con ello a captar una clientela, que hoy lo identifica en la ciudad. Como su meta es tener su propio estudio y un almacén de accesorios asociados, su mayor desafío es tener el suficiente capital de trabajo para lograrlo. Esta es justamente la razón por la cual está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará accesorios como estuches, suvenires, portarretratos y adecuará su propio estudio fotográfico. Con esta inversión logrará continuar impulsando su negocio y muy seguramente aumentará y diversificará sus servicios, lo cual es lo que traerá mayores utilidades y por consiguiente el éxito de esta inversión.

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
  • 167
    View loans »
    Colombia Loans Fundraising
  • $12,834,025
    Funds lent in using Kiva
  • 1,755.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Luis to buy accessories such as cases, souvenirs, picture frames, and to make his own photography studio adequate.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2012
Listed
Mar 28, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013