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Jose Luis
José, at the age of 22, is an expert at making "bollos limpios," a typical dish of Caribbean Colombia. It is a food of indigenous origin based on a cornmeal dough wrapped in leaves of this same vegetable, which are cooked or boiled in water. The result is a very healthful food. This business is part of the tradition of his mother, who worked for 15 years from the patio of her home to produce them for restaurants, stores, and other small businesses. José has always helped his mother in the sale of fritters and bollos, both accompaniments of the preferred foods of families at breakfast time and during dinner. Some time ago he had to take over the business himself, since his mother became sick. Now he has the daily goal of generating enough income to sustain the family, as well as studying and becoming a good professional. His dream is to make his microbusiness grow and generate more income every day, but his working capital is insufficient to broach new markets, which is his greatest challenge. This is why he has turned to a Kiva loan, the first financing that he has had with Mario Santo Domingo Foundation, with which he will buy raw materials and ingredients such as corn, cheese, and oil, since he plans to increase his sales of bollos, cheese turnovers, and empanadas, opening new markets in which he can obtain regular customers. With his Kiva loan he plans to multiply his investment as well as achieve his dream of prosperity, which he won't abandon for even an instant.
View original language description ↓
José de 22 años es un experto en la fabricación de bollos limpios: un amasijo típico de Caribe Colombiano, que es un alimento de origen indígena a base de masa de maíz envuelta en hojas de este mismo vegetal, el cual se cuece o sancocha en agua hirviendo y resulta ser un alimento muy saludable. Este negocio es parte de la tradición de su madre, quien durante 15 años se dedicó desde la terraza de su casa a producirlos, para asaderos, tiendas y otras microempresas. José siempre ha ayudado a su madre en la venta de frituras y bollos, ambos acompañante de las comidas y muy preferidos por las familias a la hora del desayuno y durante la cena. Hace algún tiempo debió asumir él solo este negocio, pues su madre enfermó. Hoy tiene la meta diaria de generar ingresos para el sostenimiento de su familia, así como la de estudiar y convertirse en un profesional de bien; su sueño es hacer crecer su microempresa y generar cada vez más ingresos, pero su capital de trabajo para abordar nuevos mercados resulta insuficiente y es su mayor desafío. 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 materias primas e insumos, como maíz, queso, aceite, pues planea aumentar las ventas de bollos, pastelitos de queso, empanadas abriéndose a nuevos mercados en los cuales pueda obtener clientes fijos. Con su credikiva planea multiplicar su inversión así como también su sueño de prosperidad el cual no abandona en ningún instante.

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
  • 487
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,778.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Jose Luis to buy raw materials and ingredients such as corn, cheese, and oil, since he plans to increase his sales of rolls, cheese turnovers, and empanadas.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2012
Listed
Jul 27, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 28, 2013