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John Jairo
John Jairo is 26 and lives in Ciudad Bicentenario, a public housing macro-development project which is supported by Fundación Mario Santo Domingo as part of their process of building sustainable communities in the city of Cartagena.
John started his own business venture because he needed to generate income. He began selling fast food four years ago, and offers delicious fast foods, such as hamburgers, hot dogs, and any combination of meat, potatoes, chorizo etc. served with sauces he prepares himself. At his food stall, meals are made to order, that is, whenever the customer arrives to make a purchase. He works from 7:00 pm to 12:00 am, or until there are no customers left or he runs out of ingredients. His customer base resides in the same sector where he lives.
His goal is to stimulate sales day by day. That is why he has approached Fundación Mario Santo Domingo, so that he may access a Kiva loan, requesting financing from this organization for the first time. He will use it to purchase a microwave oven, a marquee, and three sets of chairs, which will make his customers more comfortable and his productivity more efficient. That is precisely the success he expects from his investment, that sooner or later it will cause his customer base to increase and he will make a lot more money.
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John Jairo de 26 años vive en Ciudad Bicentenario, un macroproyecto de vivienda de interés social en la ciudad de Cartagena, apoyado por la Fundación Mario Santo Domingo en el marco de cumplir su propósito de gestionar la construcción comunidades sostenibles. Con la necesidad de generar ingresos, John emprendió su propia aventura de negocios, iniciando con la venta de comidas rápidas desde hace 4 años; allí ofrece las deliciosas comidas rápidas como: hamburguesas, perros calientes, y todas las combinaciones de carnes, papa, chorizo etc. con salsas que él mismo prepara. En su puesto de trabajo elabora el producto en cada momento, es decir cada vez que su cliente llega a comprarle. Su trabajo lo desarrolla desde las 7:00 pm hasta las 12 de la noche siempre y hasta que no haya ningún cliente en su negocio y no tenga existencia de los productos. Su clientela está ubicada en el mismo sector donde habita y tiene como meta estimular su venta día a día. Por eso se acerca a la Fundación Mario Santo Domingo, para acceder a un credikiva, primer financiamiento que hace a esta organización, mediante el cual comprará un horno microondas, una carpa y 3 juegos de sillas, con los cuales favorecerá la comodidad de su clientela y la eficiencia en su trabajo productivo. Y esto es justamente el éxito de su inversión en la que tarde o tempano aumentará su clientela y ganará mucho mas dinero.

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
  • 480
    View loans »
    Colombia Loans Fundraising
  • $15,262,800
    Funds lent in using Kiva
  • 1,817.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped John Jairo to purchase a microwave oven, a marquee, and three sets of chairs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Aug 31, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013