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Juan Carlos
Juan is forty years old and makes his living making and selling fried foods and offering telecommunication services by the minute. He lives with his wife and two children, ages three and twelve years, for whom he works very hard so that they can have a promising future.

Juan's twenty years of commercial experience have allowed him to achieve the goals he has set for himself. Commercial activity comes naturally to him, and since he was eight years old he has been inclined toward it and has practiced making sales. So it was that as an adult he started his own business in 2004, just as his dream had indicated. He took advantage of the rise of cell phones to start a calling service, charging the cost of cell phone minutes. Little by little he reached the point that in his neighbors in the area acceded their commercial relations to him. He combined this with the sale of fried products in order to achieve two streams of income and to contually augment his work capital and and in this way to increase his assets.

He currently sells directly to the final consumer, making cash transactions. He starts his work day around seven in the morning and works until ten at night. His main regular clients are residents of the area where he lives and has his business as well as passers-by who come through daily on their way to other areas. His goal is to continue growing his infrastructure and clientele, to increase sales, and obtain more utilities. His main challenge is that he lacks funds to grow his sales, although a great demand exists. This is why he is seeking a loan, the first financing that he has done through Fundación Mario Santo Domingo. With this, he will buy supplies in greater volume and he will do so in cash in order to get discounts and diminish the costs of his products, little by little building a future of greater well-being for his family.
View original language description ↓
Juan de 40 años de edad se dedica a la elaboración y venta de productos alimenticios fritos y también ofrece el servicio de telecomunicaciones por minutos; él vive con su cónyuge y sus dos hijos en las edades de 3 y 12 años, por quienes se esmera trabajando, para que tengan un futuro prometedor. Su experiencia comercial de 20 años, le ha permitido sacar adelante lo que se propone, y la actividad comercial para él es un proceso muy propio de su naturaleza, pues desde sus 8 años de edad se inclinó por ella e hizo ejercicios de ventas; así fue que cuando adulto inició su propio negocio en el año 2004, tal como su sueño se lo indicó y aprovechando el auge de los teléfonos celulares, inició el servicio de llamadas, cobrando el valor de los minutos a celulares; poco a poco logró que a su alrededor, los vecinos accedieran a sus relaciones comerciales y combinó esta actividad con la venta de productos fritos, para lograr dos fuentes de ingresos y aumentar cada vez mas su capital de trabajo y con ello mas dinero en su haber. En la actualidad realiza sus ventas directamente al consumidor final, vendiéndole de contado, e iniciando su horario laboral desde las 7 de la mañana, hasta las 10 de la noche. Sus principales clientes fijos, son los habitantes del sector donde habita y tiene su negocio y transeúntes que hacen diariamente su recorrido hacia otras zonas. Su meta es seguir creciendo en infraestructura de clientes, aumentar sus ventas y obtener mucho más utilidades; pero su mayor desafío es el insuficiente efectivo para incrementar sus ventas, aunque exista una gran demanda. Esta es la razón por la cual acude a un credikiva, primer financiamiento que hace ala Fundación Mario Santo Domingo, mediante el cual comprará insumos en mayor volumen y de contado para ganar descuentos y disminuir los costos de sus productos y poco a poco fundamentando un futuro de mucho mas bienestar para su familia.

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
  • 561
    View loans »
    Colombia Loans Fundraising
  • $14,903,600
    Funds lent in using Kiva
  • 1,818.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Juan Carlos to buy supplies to make fried snacks in greater volume.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2012
Listed
Aug 25, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013