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Hernando Gabriel
Hernando, 37, lives with his spouse and three children whose ages range from three months to 8 years. In his five years’ experience working in his restaurant he’s managed to generate income to improve his home’s wellbeing all the time. Because there was no competition in his area selling food he noticed that this was an opportunity for him and taking advantage of the tasty way his mother prepares food he decided on a business venture that he’s done quite well in; today, he’s very well known in the sector.

His clientele’s favorite dishes are precisely the ones he sells. He customizes his offers to his customers’ daily preferences. His usual customers are construction workers, passersby and local neighbors who request the delicious “sancochos trifásicos” [stew made with three different kinds of meat] which is his star item. He also sells breakfasts, snacks, frozen treats and “pasteles” (rice-based dough filled with meat and/or chicken and/or pork and vegetables cooked wrapped in tied bijao leaves).

His clientele grows more every day so his usual working capital is insufficient to buy in volume which is why he’s calling on a Kiva loan, his first financing from Fundación Mario Santo Domingo to buy supplies and raw materials to increase his volume of products. He will also buy a heating display case and a tent to protect from the incessant Caribbean heat and rain and provide a more comfortable environment for his customers when then come to his business which is his business’ reason for being.
View original language description ↓
Hernando de 37 años de edad vive con su cónyuge y sus tres hijos en las edades de 3 meses a 8 años. En 5 años de experiencia en su restaurante, ha logrado generar ingresos para aumentar cada vez mas el bienestar de su hogar; él observando la oportunidad de vender alimentos, pues no existía competencia alguna en el sector y aprovechando la buena sazón cartagenera con la cual su madre los elabora, decidió emprender una aventura de negocios en el cual le ha ido muy bien y hoy es muy reconocido en el sector. Los platos preferidos de su clientela son exactamente los que vende, pues se enmarca en los requerimientos de sus compradores diarios, que son empleados de construcción peatones y vecinos del barrio y usualmente solicitan el deliciosos sancochos trifásicos, que es su producto estrella, así mismo vende desayunos, pasabocas, congelados y pasteles (amasijos de arroz con carne y/o pollo y/o cerdo, verduras, cocidos envueltos en hojas de bijao y atados con icos ) El incremento de sus clientes es cada vez mayor, así su capital de trabajo usual no es suficiente para hacer compras en mayor volumen, 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 insumos y materias primas, para aumentar el volumen de su oferta; además comprará una vitrina calentadora y una carpa, para protegerse del incesante sol del Caribe y de la lluvia, además de brindar un ambiente mas confortable a su clientela cuando estos llegan a su negocio, porque ella es justamente la razón de ser 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
  • 152
    View loans »
    Colombia Loans Fundraising
  • $13,171,600
    Funds lent in using Kiva
  • 1,817.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Hernando Gabriel to buy supplies, raw materials, a heating display case and a tent.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2012
Listed
Aug 31, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2013