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Roberto
Robert at 35 years old, lives in Salgar corregimiento in the town of Puerto Colombia, located on the shores of the sea. Helped by his wife very early every day to produces fried cheese fingers, Robert then distributes them to 30 stores in the town. His sales generate the earnings he uses to pay household expenses. Once his wife makes them, Roberto distributes them beginning at 5 a.m. on his motorcycle. He also sells beef, pork, fruits and cheese, which are sent to him from a dairy town in the department of Magdalena. He also sells these products to stores and principally to homes in his corregimiento where people know him and he has attracted many customers.

Roberto received funding from Fundación Mario Santo Domingo a year ago, with which he succeeded in increasing sales 20%. He also invested in completing his dwelling and this makes him very happy. His future goal is to open a shop to the public and add to it, in addition to his current products, meals, food and items in the typical family shopping basket, so that he can finally finish making on-site adjustments to his house.

Currently he is applying for a Kiva loan, his second funding from the Fundación, and will use it to buy a freezer in order to increase his working capital and finance the sale of meat by offering credit to his customers and expanding a market that needs credit, so that he can finally increase his volume of sales. While this is happening, he is managing a 4 day turnover in his inventory and a profit margin of 32%, the financial indicators from which he projects his business growth.
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Roberto e 35 años de edad vive en el corregimiento de Salgar, municipio de Puerto Colombia, ubicado a orillas del mar. Después de producir diariamente deditos de quesos fritos, apoyado por su cónyuge y desde muy temprano, Roberto los distribuye en 30 tiendas del municipio y con el producto de sus ventas genera ingresos con los cuales responde a los gastos de su hogar. Una vez su esposa produce, Robero distribuye desde las 5 de la mañana en su motocicleta. Adicionalmente vende carne de res, cerdo, frutas y queso, que le envían desde un municipio lechero en el departamento del Magdalena. Estos últimos productos también los ofrece en las tiendas y principalmente en los hogares del corregimiento, donde lo identifican y muchos son los clientes que ha conseguido. Roberto ha recibido hace un año un financiamiento de la Fundación Mario Santo Domingo, con el cual ha logrado incrementar sus ventas en un 20%, también ha logrado invertir en la terminación de su vivienda y esto lo hace muy feliz. Su meta más adelante es abrir un local al público y agregarle además de sus productos, ranchos, víveres, y artículos de la canasta familiar, para finalmente terminar de hacer adecuaciones locativas a su vivienda. En la actualidad está aplicando a un credikiva, segundo financiamiento que hace a la Fundación y con el cual comprara un congelador, para aumentar su capital de trabajo y financiar las ventas de carnes ofreciendo crédito a sus clientes y ampliándose a un mercado que así lo requiere para finalmente lograr aumentar el volumen de sus ventas. Mientras esto ocurre maneja una rotación de inventarios de 4 días y un margen de utilidades del 32%, indicadores financieros desde donde se proyecta el crecimiento de su negocio.

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
  • 265
    View loans »
    Colombia Loans Fundraising
  • $13,343,550
    Funds lent in using Kiva
  • 1,818.0
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $850 helped Roberto to purchase a freezer and to increase his working capital and finance his meat sales.
99% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2012
Listed
Aug 30, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2014