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Robinson
Robinson makes a living selling various goods, as required by his customers. He makes his pre-order and travels to a bordering town to buy the items, and then distribute the orders he sells on credit, and many times, in cash. Also, Robinson makes puddings and frozen desserts and sells them to his customers of event houses as part of his business. With these two businesses that compliment each other, he has achieved well-being for his family, comprised of his spouse and their two children.

His goal is to have his business grow in structure and in the market, but his greatest challenge is insufficient working capital that he can count on to serve such a growing demand. This is why he turns to Kiva loans, first financing, which the Fundación Mario Santo Domingo provides. With this loan, he will buy large volumes of wholesale raw materials to make puddings and frozen desserts and also to invest in different goods. With this investment, he will be able to lower his costs, as well as buy in greater volume to get discounts. This is exactly the success his Kiva credit will bring.
View original language description ↓
Robinson se dedica a la venta de mercancía variada, tal como lo piden sus clientes; el hace su preventa y viaja a un municipio fronterizo a comprarla, para luego distribuir los pedidos que vende a crédito y muchas veces de contado. Además de este negocio Robinson elabora pudines y congelados y los vende a sus clientes de las casas de eventos, con sus dos negocios, que funcionan simultáneamente ha logrado el bienestar de su familia, conformada por su cónyuge y sus dos hijos. Su meta es hacer crecer su negocio en estructura y en mercado, pero su mayor desafío es el insuficiente capital de trabajo con el que cuenta, para atender a tan creciente demanda. Esta es la razón por la cual acude a su credikiva, primer financiamiento, que hace a la Fundación Mario Santo Domingo, mediante el cual comprará materias primas en mayor volumen, para elaborar pudines y congelados y también invertirá en mercancías variadas. Con esta inversión logrará disminuir sus costos, en tanto comprará en mayor volumen, con descuentos y esto es justamente el éxito de su credikiva.

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
  • 569
    View loans »
    Colombia Loans Fundraising
  • $14,881,725
    Funds lent in using Kiva
  • 1,775.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Robinson to buy large volumes of wholesale raw materials, to make puddings and frozen desserts, and also to invest in different goods.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 30, 2012
Listed
Apr 24, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013