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Jjamer Samuel
Jjamer is 20 years old, and is well acquainted with aspects of youth culture, especially with all things related to motorcycling. Many young people in his area use motorcycles as their primary mode of transportation, or work for a motor-taxi service transporting customers around town. Jjamer perceived the high demand among young people for motorcycle gear and accessories that give off an image of freedom and elegance, and he let this idea form the basis for his small business. He presently makes a living selling motorcycle gear out of his home, including: helmets, vests, sleeves, lights, reflectors, stickers, visors and other accessories. He works from 8:00 every morning until 8:00 every night, and buys his merchandise for resale from wholesalers every two weeks.

Jjamer started his business a year ago, and little by little, has made his way and grown his operation. He has potential for growth, but has not explored these options very much, because he does not have the financial capital to make the necessary investments. His current situation has led him to request this loan, which will be his first with the Santo Domingo Foundation. He plans to use the support from this loan to purchase helmets, vests, sleeves, lights, reflectors, stickers, visors and other merchandise for resale at his business. He plans to purchase these items in bulk in order to receive a discounted price and increase his eventual profits. He hopes in the future to continue his education, strengthen his business and support his family. He lives with his life partner and their 2-year-old son.
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jjamer tiene 20 años de edad y conoce perfectamente los intereses de la juventud, especialmente de aquellos que usan la motocicleta como su primer medio de transporte o trabajan transportando gente, porque necesitan usar una buena combinación de accesorios que proyecten una imagen de libertad y elegancia. Esto fue en lo que pensó JJamer para dar inicio a su idea de negocio, mediante el cual vende cascos, chalecos, mangas, luces calcomanías y visores, accesorios que exhibe en la puerta de su vivienda, ubicada al sur occidente de la ciudad. El trabaja de lunes a domingo, desde las 8 de la mañana hasta las 8 de la noche y vende a su principal mercado de motociclistas. Sus compras las realiza con una frecuencia quincenal, de contado en almacenes especializados en estos accesorios y así mismo realiza sus ventas. Este negocio nació hace 1 años y poco a poco ha logrado sostenerse y aunque tiene un potencial de crecimiento, jjamer no lo ha explorado, porque tiene el desafío de no tener el suficiente capital de trabajo para invertirle y expandirse. Esta es justamente la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Santo Domingo, mediante el cual comprará cascos, chalecos, mangas, luces, calcomanías y visores, en mayor volumen con lo que obtendría descuentos por compras en mayor volumen, que traduciría en mas utilidades, porque quiere continuar sus estudios y fortalecer su capital de trabajo, para estabilizar los ingresos que generan bienestar a su familia conformada por su cónyuge y su pequeño hijo de 2 años de edad, con el que sueña un futuro exitoso.

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
  • 268
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,787.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Jjamer Samuel to purchase helmets, vests, sleeves, lights, stickers and visors in bulk.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2012
Listed
Aug 16, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013