Check out some available loans that are similar to this one!
Randy David
Randy, a young man of 24, is a fan of video games. Two years ago, he decided to generate his own income by setting up a hall for video games, directed to generating entertainment for the new generations. Today he has succeeded in solidifying a small customer base, where youths and children are his principal customers. Every day from 8:30 in the morning until 9:30 at night, he works at his business, which every day produces more satisfaction for him, since it generates income and he identifies in it an important potential for growth that he want to reach. Randy keeps up-to-date, and for this reason his offerings are the most modern and up-to-date videos and games, and so his clientele continues to grow. His present challenge is to obtain working capital to permit him to innovate and strengthen his customer base even more. This is exactly the reason why he has turned to a Kiva loan, which will be his first financing through Mario Santo Domingo Foundation, and which he will use to buy an Xbox, a Play Station, and two channels of video games. With the investment of his Kiva loan, he will update his offerings and offer his customers opportunities to access modern games, which are the most fun for youths and children, while Randy continues to increase his income.
View original language description ↓
Randi un joven de 24 años de edad, aficionado a los video-juegos, hace 2 años, decidió generar sus propios ingresos mediante el montaje de una sala de video juegos, dirigida a generar entretenimiento a las nuevas generaciones; hoy ha logrado consolidar una pequeña clientela, donde jóvenes y niños son sus principales clientes. Diariamente desde las 8:30 de la mañana hasta las 9:30 de la noche, está dedicado a este negocio, que día a día le produce mas satisfacciones, pues genera ingresos e identifica en el un importante potencial de crecimiento al cual quiere llegar. Randi se mantiene actualidad y por eso en su oferta están los mas modernos y actualizados videos y juegos, por eso su clientela es cada vez mayor. Su desafío actual es lograr un capital de trabajo que le permita innovar y fortalecer aun mas su clientela; esta es justamente la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprara1 in box, un play Station y 2 canales de video juegos. Con su inversión credikiva, logrará actualizar su oferta y brindarle a su clientela, oportunidades de acceso a juegos modernos, que harán de jóvenes y niños su máxima diversión, mientras Randy continua aumentando sus ingresos.

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
  • 299
    View loans »
    Colombia Loans Fundraising
  • $13,837,750
    Funds lent in using Kiva
  • 1,778.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Randy David to buy an Xbox, a Play Station, and two channels of video games.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2012
Listed
Jul 28, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013