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José Daniel
57-year-old Jose lives in the city of Cartagena with his wife and five children aged 3 to 15. There, he sells a variety of merchandise. Early everyday he goes out on the streets of the city, selling mops, brooms, buckets, pots and general small electrical appliances. His experience in this business goes back to his adolescence, in the streets of Cartago, a municipality in the department of Valle del Cauca, where he would accompany his father to buy the items to sell street by street in Cali, a beautiful city where salsa music is breathed in every corner of the city. When Jose was old enough to do it, and moved to Cartagena, he started the same business there, with the aim of generating income that would permit him to support his family. His dream is to have his own local where he could set up his business and not wander the streets with all of his merchandise in order to manage to sell it, under the harsh Caribbean sun of this breezy beach town. His biggest goal is to achieve the capitalization of his business and to set up his store in a strategic spot to increase his sales. This is the reason why he is turning to a Kiva loan, the first funding that he will get from Fundación Mario Santo Domingo, through which he will buy household items and small electrical appliances that his customers have pre-ordered. Jose persistently works because, as a good farther, he dreams of seeing his kids turn into successful people and of building a promising future for them. Therefore, he puts all of his efforts into achieving this through his work.
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Jose de 57 años de edad vive en la ciudad de Cartagena con su esposa y sus 5 hijos en las edades de 3 a 15 años; allí se dedica a la venta de mercancía variada; él diariamente y desde muy temprano sale por la calles de la ciudad, vendiendo trapeadores, escobas, baldes, ollas y electrodomésticos menores en general. Su experiencia en este negocio data desde su adolescencia, en las calles de Cartago, un municipio del departamento del Valle del Cauca, donde acompañaba a su padre a hacer las compras de artículos para venderlos calle a calle en Cali, una ciudad hermosa, donde la música salsa se respira en cada rincón de ella. Cuando José tuvo edad para hacerlo y ya trasladado a Cartagena, empezó el mismo negocio allí, con el fin de genera ingresos que le permitieran el sostenimiento de su hogar. Su sueño es tener un local propio donde establecer su negocio y no deambular por as calles con toda la mercancía para lograr venderla, ante el inclemente sol caribe de esta ciudad de playa brisa y mar. Su mayor desafío es lograr capitalizar su negocio y establecerse en un punto estratégico para aumentar sus ventas. Esta es la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará artículos domésticos, electrodomésticos menores que tiene encargados por sus clientes en la etapa de preventa. José trabaja persistentemente porque como buen padre de familia, sueña con ver convertidos a sus hijos en personas exitosas y con construirles un futuro prometedor poniendo de si mismo todo sus esfuerzos para lograrlo con su trabajo.

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
  • 1,787.0
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $600 helped José Daniel to buy household items and small electrical aplliances.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2012
Listed
Aug 18, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 28, 2014