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Daniel
Daniel is a 55 year-old widower who has poured all of his creativity and talent into colorful vases and flowers that he has been making by hand for a number of years in his workshop "Ainter Florez" in the Las Nieves neighborhood. To do this, he uses a variety of materials such as craft foam, wood, rope, paints, glue and other materials, which he combines in such a way so as to create the striking products that have been so well received in the market. Previously, Daniel worked in transportation, but seeing that he had some free time to do another activity to generate income, he accepted the proposal from an acquaintance to sell glass vases, to which he added flowers that he made so that they would be more colorful and attractive to the customers. This went very well, but he still believed that he could derive more income from his abilities and make more of the vases. For this reason, he came up with the idea of using wood, a more durable material that he could decorate. Today, he sells the completed decorative item in the various neighborhoods of the city. To do this, he relies on a vendor who offers his products for sale, mainly on credit, with weekly or bi-weekly payments. One of Daniel's main challenges has been to maintain his business with the small amount of working capital that he has, because it is not sufficient to expand into new neighborhoods and respond to his customer's orders. This is why he is requesting his first loan from the Fundación Mario Santo Domingo. With this loan, he will buy the raw materials and supplies he needs to make more products. He is certain that this will be successful for his business, because it will make his sales grow, along with his income. In the future, he would like to acquire a vehicle that would allow him to further develop his work and optimize the use of his time.
View original language description ↓
Daniel es un hombre viudo de 55 años, que ha volcado toda su creatividad y talento en los vistosos floreros y flores que realiza artesanalmente desde hace varios años en su taller “Ainter Florez” en el barrio Las Nieves. Para ello utiliza variedad de materiales como espuma foamy, madera, cabuya, pintura, goma y otros que al mezclarlos dan como resultado un llamativo producto que ha tenido mucha acogida. Daniel anteriormente se dedicaba al servicio de transporte, pero al ver que le quedaba tiempo disponible para realizar otra actividad que le generara ingresos adicionales, aceptó la propuesta de un conocido de vender floreros de vidrio a los que le adicionó flores que el mismo elaboraba para que hubiese más color y fuera más atractivo para el cliente. Con esto le fue muy bien, pero aún creía que podía sacar mayor provecho a sus habilidades y fabricar él mismo los floreros, es por esto que ideó utilizar la madera, material resistente que se dejaba decorar. Hoy en día vende el adorno completo en varios barrios de la ciudad y para ello cuenta con un vendedor que ofrece el producto en su mayoría a crédito con pagos semanales y quincenales. Para Daniel uno de sus principales retos ha sido poder mantener su negocio con el poco capital de trabajo que posee ya que este no es suficiente para abarcar nuevas zonas y responder a los pedidos de sus clientes, razón por la cual solicita su primer financiamiento con la Fundación Mario Santo Domingo para comprar materia prima y materiales necesarios para fabricar más del producto, seguro de que esto será exitoso para su negocio ya que haría crecer sus ventas y su cartera. Más adelante le gustaría adquirir un vehículo que le permita desarrollar mejor sus tareas y optimizar el tiempo.

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
  • 183
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 1,770.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Daniel to buy supplies and raw materials to make hand-crafted vases and flowers.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2012
Listed
Jun 9, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013