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Horison Manuel
Horison, aged 47, lives in the city of Cartagena with his wife and two children, aged 20 and 22.

He works selling fish and seafood in general, a business which he began 18 years ago out of the need to improve his family's income and provide a better standard of living to his children. He began as a street vendor, selling fillets of bass, salmon and sea bass on the streets of Cartagena, the "heroic" city of Colombia. He covered the consumption needs of many families in the city in this way.

Today the number of neighborhoods that he serves has increased, and he has added to his offerings other seafood products such as shrimp, seafood casserole, clams, oysters, etc. Things have been going very well for him with this business, because he is recognized for the quality and freshness of his products as well as his happy attitude selling them.

His goal is to purchase in larger quantities, but his biggest challenge is that his working capital is insufficient to meet his plans to support demand. This is the reasons that he has come for a Kiva loan, which is his first financing through Fundación Mario Santo Domingo. By means of this loan, he will purchase fish and shellfish in greater volume. His investment will be successful, because it is grounded in the many orders placed by his customers for Easter Week, when people don't eat meat but shift to seafood to comply with part of the Lent tradition. These customers make up a large share of the customers to whom Horison sells.
View original language description ↓
Horison de 47 años vive en la ciudad de Cartagena con su esposa y sus dos hijos en las edades de 20 y 22 años. Él se dedica a la venta de pescados y mariscos en general, negocio que inició desde hace 18 años, ante la necesidad de mejorara los ingresos familiares y bridarle un mayor bienestar a sus hijos. Inicio con venta ambulante de filete de robalo, salmón y corvina, por las calles de Cartagena, la ciudad heroica de Colombia, llegando así a cubrir las necesidades de consumos de muchas familias de esa ciudad. Hoy su número de barrios ha incrementado y ha incluido en su oferta otros productos del mar como camarón, cazuela de mariscos, chipichipi, ostras etc. Con su negocio le ha ido muy bien porque es reconocida la calidad y frescura de sus productos, además de su actitud alegre para vender. Su meta es comprar en mayores cantidades, pero su mayor desafío es que su capital de trabajo resulta insuficiente para responder a sus planes apoyados en su demanda. Esta es la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará pescados y mariscos en mayor volumen; su inversión será exitosa porque la fundamenta en muchos pedidos solicitados por sus clientes, a propósito de la semana mayor, donde baja el consumo de carnes, para dar paso al consumo de productos del mar y para cumplir con una parte de la tradición de abstinencia, como lo hacen gran parte de los clientes, a los que Horison les vende..

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
  • 276
    View loans »
    Colombia Loans Fundraising
  • $13,826,450
    Funds lent in using Kiva
  • 1,766.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Horison Manuel to purchase fish and shellfish in greater volume.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 30, 2012
Listed
Apr 18, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 18, 2012