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Luis
Luis is 28 years old. He lives with his spouse, and he works in trade, selling belts and buckles on a wholesale and retail basis. Since he was a child, this activity has been his greatest skill, for which he has an impressive aptitude. Previously, Luis operated his business outside of an important shopping center in the south of the city, but he was relocated by the local state and he is now set up in a place designated to gather together the mobile vendors. He works from 9:00 a.m. to 9:00 p.m. from Monday through Sunday, without resting. The competition in this field is intense, but they respect and support each other, and he works with a dedication to service which attracts his customers. His Kiva loan is the first financing he is undertaking with the Mario Santo Domingo, and he will use it to buy belts, buckles, and men's and women's accessories. He is taking advantage of the fact that the season is approaching in which families celebrate Mother's Day, Father's Day and Secretaries' Day, and during this season demand grows and sales increase. This will make his investment successful, and he will be able to increase his working capital slightly and serve his loyal customers. His most significant dream is to be able to have his own home and expand his microenterprise, and for that reason, he is exerting himself without stopping, so that his family will have the well-being he dreams of.
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Luis de 28 años de edad vive con su cónyuge y se dedica al comercio de correas y hebillas al por mayor y al detal, actividad que desde niño ha sido su mayor habilidad y en la que tiene una impresionante aptitud. Anteriormente Luis se encontraba en la parte de afuera, de un centro comercial importante del sur de la ciudad, pero fue reubicado por el estado local y ahora se encuentra en un sitio que destinaron para congregar a los vendedores ambulantes. Su trabajo lo desarrolla desde las 9:00 a.m. a las 9:00 p.m. de lunes a domingo sin descansar; la competencia de este sector es alta, pero se respetan y se apoyan y él trabaja con una vocación de servicio, que atrae a sus clientes. Su credikiva, es el primer financiamiento que hace a la Fundación Mario Santo Domingo, con el comprará correas, hebillas, accesorios femeninos y masculinos, aprovechando que se acerca la temporada, en la cual las familias celebran el día de la madre, el del padre, de la secretaria y en esta época la demanda crece y las ventas se incrementan, lo cual hace que esta inversión tenga éxito y logre aumentar ligeramente su capital de trabajo y responder a su fiel clientela. Porque su sueño mas importante es lograr tener su vivienda propia y ampliar su microempresa, razón por la cual se esfuerza sin cesar para que su familia tenga el bienestar soñado.

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
  • 138
    View loans »
    Colombia Loans Fundraising
  • $12,792,775
    Funds lent in using Kiva
  • 1,755.0
    Colombia Pesos (COP) = $1 USD
Expired
A loan of $650 helped Luis to buy belts, buckles, and men's and women's accessories.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2012
Listed
May 14, 2012
Currency Exchange Loss:
Possible
Expired:
Jun 13, 2012