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Cesar Tulio
César, age 45, lives in the southwest part of the city. He lives with his wife, a seamstress, and their three children between the ages of 8 and 15. Coming from Palmito, a town in the Sucre department, he arrived at the city of Barranquilla.

He has lived in Barranquilla for 22 years, and he has been selling fast food for 10 years. He previously worked as a bricklayer. He takes very good advantage of having regular clientel because he sells minutes for cell phones right where he sells fast food. This puts new life in both businesses, which are located in his house.

His goal for later on is to expand them by adapting his business site. He dreams of seeing his children become successful professionals. This encourages him every day.

He is currently applying for a Kiva loan. He will use the loan to buy fast food and sausages. He needs to increase his production because his clientele has increased. They require a lot of variety.

These are the exact reasons that he requests a Kiva loan, which is the first financing he has had with the Fundación Mario Santo Domingo. He will use the loan to buy raw materials. His investment will be successful because it will be based on his experience and the current demand of his market.
View original language description ↓
César de 45 años vive en el sur occidente de la ciudad con su esposa, de oficio confeccionista, y sus 3 hijos en las edades de 8 a 15 años. Oriundo de Palmito, población del departamento de Sucre, llegó a la ciudad de Barranquilla, donde vive hace 22 años y hace 10 se dedicó a la venta de comidas rápidas, pues anteriormente se dedicaba a la albañilería. Él aprovecha muy bien su clientela usual, porque allí mismo, vende minutos a celulares y esto le oxigena los dos negocios, ubicados en su propia casa. Su meta mas adelante es ampliarlos, adecuando sus instalaciones locativas. Así mismo sueña con ver convertidos a sus hijos en profesionales exitosos y esto lo mueve día a día. En la actualidad está aplicando a un credikiva, con el cual comprará comidas rápidas, butifarras, chorizo, etc., pues requiere aumentar su oferta productiva, en tanto su clientela ha aumentado y cada día exige mucha variedad y esta son justamente las razones por las cuales acude a su credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará sus materias primas y será exitosa su inversión, porque lo hará fundamentado en su experiencia y en la demanda actual de su mercado.

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
  • 482
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,766.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Cesar Tulio to buy raw materials to make fast food.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 30, 2012
Listed
Apr 17, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013