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Jesus Alejandro
Jesús is 35 years old and is the owner of a store located in his home. He started his business because he learned to work independently with the traditional experience of his father and grandmother. In his store, Jesús sells articles from the basic food basket, such as snacks, staple foods, drinks, and all products consumed by households. Some communities only have access to small portions or products in retail daily, depending on the income of each household.

In the store, his main customers are neighboring housewives and also neighborhood visitors when they need to respond to a desire or a need, which can be solved there. His sales are direct at the counter and he has a point of sale well-positioned after more than 20 years, when his parents and grandparents worked there. Now, he and his sister work there, so they can do their job well and earn their own income.

Currently, he is applying for a Kiva loan, first financing with Fundación Mario Santo Domingo, with which he will buy dairy products, canned goods, cold meat, and miscellaneous items. With the last items he wants to take advantage of the Holidays, when market demand increases.

With his previous loan with the Foundation, he says he improved sales of his business, which has strengthen it even more. This is exactly what he expects about this Kiva loan investment, to diversify and to sell more and more in the second half of the year, when the sales of all products usually increase to the highest peak.
View original language description ↓
Jesus de 35 años de edad, es el propietario de una tienda ubicada en su domicilio; él inicio su negocio, porque aprendió a trabajar independiente con la experiencia tradicional de su padre y su abuela. En su tienda, Jesus vende artículos de la canasta familiar, como ranchos, víveres, refrescos, y todos los productos que consumen las familias y que algunas comunidades solo pueden acceder a pequeñas porciones o al detal diariamente, de acuerdo a lo que ingresos que tenga cada hogar. En la tienda, sus principales clientes son las amas de casa vecinas y también visitantes del barrio, cuando necesitan responder a un deseo o a una necesidad, que allí pueden solucionar. Sus ventas son directas en mostrador y posee un punto comercial bien posicionado de mas de 20 años, cuando sus padres y abuelos en él trabajaban y que ahora él y su hermana reciben, para que se desempeñen bien y tengan sus propios ingresos. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará, productos lácteos, enlatados, embutidos y artículos de miscelánea, para aprovechar con estos últimos artículos, que se acercan las fiestas y la demanda en el mercado aumenta. Con su anterior crédito con la Fundación, manifiesta que mejoraron las ventas de su negocio y que este se ha fortalecido aun mas y es lo que justamente espera al invertir su credikiva, pues diversificará y le apuntará a vender cada vez mas, en el segundo semestre del año, donde usualmente las ventas de todos los productos, ocupan el pico mas alto de su cima.

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
  • 482
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,799.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Jesus Alejandro to buy dairy products, canned goods, cold meat and miscellaneous items,.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2012
Listed
Oct 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 25, 2014