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Erivaldo
Erivaldo, 42, has a bakery in the municipality of Puerto Colombia, a place on the seashore. He has 14 years’ experience having learned the occupation from his brother. When he lived in Bogotá, the capital of Colombia, he honed his skills and when he opened his own business in his birthplace, Puerto Colombia, he put them to use. Erivaldo also worked in his father’s store and this was more commercial experience that helped him when it came time to open his bakery. He supplies local stores with his production since his business style is to sell to middlemen; he plans, however, to move into a locale where he will be able to sell directly to the final consumer.

His Kiva loan is the first financing he’s had from Fundación Mario Santo Domingo and he’ll use it to buy a new display case, a refrigerator, raw materials and supplies to start toward the goal of selling direct to the public that knows him. His hope for later on is to turn his business into a self-serve and to increase the variety of basic staple items. While this occurs, Erivaldo works persistently to attain wellbeing for his family which consists of his wife and 14-year-old son. He has many dreams of prosperity for him framed by his schooling so that he will become a successful person.
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Erivaldo de 42 años de edad tiene una panadería en el municipio de Puerto Colombia, lugar ubicado a orillas del mar, su experiencia data desde hace 14 años, cuando aprendió el oficio de la mano de su hermano, lo perfeccionó cuando vivió en Bogotá, la capital de Colombia y lo experimentó en su natal Puerto Colombia, cuando emprendió su propio negocio. Erivaldo también trabajó en la tienda de su padre y esta fue otra experiencia en el área comercial, que abonó el terreno para el montaje de su panadería. Con su producción surte las tiendas del sector pues su estilo empresarial es de distribución a intermediarios y planea mudarse a un local donde además pueda vender directamente al consumidor final. Su credikiva es el primer financiamiento que hace ala Fundación Mario Santo Domingo, con el cual comprará una nueva vitrina, una nevera, materias primas e insumos para dar inicio a la meta de vender directamente a un público que lo reconoce. Su aspiración mas adelante es convertir su negocio en un autoservicio y aumentar el surtido de productos de la canasta familiar. Mientras esto ocurre, Erivalo trabaja persistentemente para lograr el bienestar de su familia, que está conformada por su esposa y su hijo de 14 años de edad, con quien tiene muchos sueños de prosperidad en el marco de sus estudios para que a futuro se convierta en persona exitosa.

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
  • 342
    View loans »
    Colombia Loans Fundraising
  • $14,070,600
    Funds lent in using Kiva
  • 1,786.0
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,125 helped Erivaldo to buy a new display case, a refrigerator, raw materials and supplies.
99% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 27, 2012
Listed
Aug 14, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2014