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Luis Francisco
Luis is 33 years old and works selling fast food and roasted chicken. His brother taught him how to prepare fast food, while he owned a pizzeria. There he learned to make hamburgers, hot dogs, sandwiches, salchipapas (sausage and fries), and roast chicken. Three years ago, he started selling hamburgers, hot dogs, and sandwiches directly to consumers every day between the hours of 4pm and 11pm.

With this business, he has done very well, and he wants to make his shop grow, so he has chosen to ask for a micro-loan, the first time he has taken out a loan with Fundación Mario Santo Domingo, so he can buy a self-serve food bar made of stainless steel. He thinks that this investment will improve his business and offer a better presentation and greater hygiene while showing off his foods. Luis hopes that with this loan he will be able to extend and improve his sales and profits. He is also a good family member and has a 6 year old son and a 4 year old daughter. His most important dream for his family is to give his children a good quality education and also to have a house of their own.
View original language description ↓
Luis de 33 años, trabaja en la venta de comidas rápidas y pollo asado. A él le enseñó su hermano a preparar comidas rápidas pues tenía una pizzería; allí, aprendió preparar hamburguesas, perros calientes, sándwiches, salchipapas y pollo asado. Hace 3 años, empezó vendiendo hamburguesas, perros calientes y sándwiches directamente al consumidor, todos los días entre las 4 y 11 de la tarde. Con este negocio le ha ido bien y quiere hacerlo crecer, por eso acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, para comprar una vitrina de autoservicio en acero inoxidable. Él piensa que esta inversión mejorará el negocio por ofrecer mejor presentación e higiene en la exhibición de su comida. Luis espera con este crédito, podrá ampliar y mejorar el nivel de sus ventas e ingresos. Pues es un bien miembro de familia y tiene un hijo de 6 años y una hija de 4 años, y su sueño familiar más importante es poder educar con calidad a sus hijos y también tener una casa propia.

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
  • 393
    View loans »
    Colombia Loans Fundraising
  • $16,230,175
    Funds lent in using Kiva
  • 1,830.4
    Colombia Pesos (COP) = $1 USD
A loan of $1,650 helped Luis Francisco to buy a self-serve foods bar made of stainless steel.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Oct 30, 2012
Nov 6, 2012
Currency Exchange Loss:
Dec 6, 2012