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Wilson
Wilson, age 50, lives with his wife and two children, ages 3 and 17. They live in the beautiful city of Cartagena, which is located on the shores of the Caribbean Sea. It is one of Colombia’s best-known tourist sites because it has one of the country’s main naval bases and its historical-artistic heritage encompasses Carthaginian, Roman and Byzantine military styles from both modern and contemporary ages as well as neo-classical and modern buildings.

It is in this fantastic place that he has his own modest telecommunications business. He also sells beer, soft drinks, sweets, candies, and processed foods there. He started his business two years ago when he started to sell cell phone services beneath the shade of a tree that is close to his house.
He does all of this in order to generate income to support his family. Little by little his business has been growing. As a good observer, he identified a great potential from passers-by who could be part of his clientele. In time he achieved that, and he added candy, food, and drinks for his customers. He earned money from them, saved, and moved to his house. He set up two tables with display cases. He took advantage of the family refrigerator and added soda and drinks.

He is now very enthusiastic about this change. He saved with discipline, and he bought a cooler because the family refrigerator could not keep up with his growth. In addition to all of the previous products, he now sells dairy products, shoes, and various merchandise ordered by his customers.

As long as Wilson’s business has been growing, he has not had enough working capital to respond to the market demand. That is the reason that he turns to a Kiva loan, his first loan with the Fundación Mario Santo Domingo. He will use the loan to buy supplies, groceries, and a metal shelf in order to adapt his business to become a store. In the store he will sells basic needs products that are consumed a lot by his potential clientele.

He will also fix the roof of the terrace of his house in order to protect his customers from the incessant Caribean sun and to lower the temperature of the place where he works. This will provide a bit of shade for his business, which will improve everyone's well-being.
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Wilson de 50 años de edad vive con su esposa y sus 2 hijos en las edades de 3 y 17 en la ciudad de Cartagena, lugar ubicado a orillas del Mar Caribe, uno de los sitios turísticos mas hermosos de Colombia y muy reconocido, pues tiene una de las principales bases navales del país y por su patrimonio histórico-artístico, que abarca de vestigios de época cartaginesa, romana, bizantina, edificaciones de carácter militar de época moderna y contemporánea, así como también edificios neoclásicos y modernistas. Allí en este fantástico lugar y de manera modesta, tiene su propio negocio de telecomunicaciones, donde también vende cervezas, refrescos, golosinas, dulces y comestibles procesados industrialmente. Su negocio lo inició desde hace 2 años cuando empezó vendiendo llamadas celulares, bajo la sombra de un árbol ubicado cerca de su casa. Todo esto con el fin de generar ingresos, para lograr el sostenimiento de su familia; poco a poco su negocio fue creciendo, pues como buen observador, identificó un gran potencial de transeúntes, que pudieran ser parte de su clientela como con el tiempo lo logró y para ellos agregó dulcería, productos comestibles y bebidas con los que ganó dinero, ahorró y se trasladó a su casa, donde ubicó dos mesas con vitrinas y aprovechando la nueva nevera familiar, agregó refrescos y bebidas. Hoy está muy entusiasmado con ese cambio y con su disciplina de ahorro, compró un enfriador, ya que la nevera familiar no respondía a su crecimiento. En la actualidad además de todos los anteriores productos, también vende lácteos y calzado, además de mercancías variadas, que va registrando en los pedidos de su clientela. En la medida en que ha ido creciendo el negocio de Wilson, su capital de trabajo se torna insuficiente, para responder a la demanda del mercado, esta es la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará víveres, abarrotes, estantería metálica, para ira asimilando su negocio a una tienda, donde comercialice los productos de la canasta familiar, que son de alto consumo entre su potencial clientela. Así mismo adecuará el techo en la terraza de su casa, para proteger a su clientela del incesante sol del caribe y bajar la temperatura del lugar donde ella trabaja, proporcionándole un poco de sombra a su negocio y con ello proporcionar un mejor estar a todos.

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
  • 560
    View loans »
    Colombia Loans Fundraising
  • $14,903,600
    Funds lent in using Kiva
  • 1,776.5
    Colombia Pesos (COP) = $1 USD
Expired
A loan of $1,825 helped Wilson to buy supplies, groceries, and a metal shelf, and to adapt the roof of his terrace.
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2012
Listed
Jul 11, 2012
Currency Exchange Loss:
Possible
Expired:
Aug 10, 2012