Check out some available loans that are similar to this one!
Elvis
Elvis is 47 years old and sells candy, soft drinks, packaged fried snacks, hotdogs, etc. His experience dates from four years ago when he sold assorted meat products and fish, which he combined with the sale of footwear sold door-to-door. In these activities he gained his greatest experience, but felt very tired, and decided to set himself up in a shop.

This was how, taking advantage of the fact that there was a stand in a local school for selling food to students, he decided to set himself up there. Two years later, as the school principal gave him this opportunity, he took advantage of it, and bought some equipment for operating it. He began paying a monthly rental for the stand.

His main customers are students and teachers, and his dream is to make it grow, so that someday he can help his nephews get ahead through education.

Currently he is applying for a loan; his first from Fundación Mario Santo Domingo, by means of which he will buy packaged fried snacks, soft drinks and candy, in order to increase his sales while delighting the palate of the students who buy from him.
View original language description ↓
Elvis de 47 años de edad, se dedica al comercio de dulces, refrescos productos fritos empacados, perros calientes etc. Su experiencia data desde hace 4 años, cuando se dedicaba al comercio de productos cárnicos en general y pescado, que combinaba con la venta de calzado, distribuido cliente a cliente. En estas actividades tomó su mayor experiencia, pero se sintió muy cansado y decidió establecerse en un punto comercial, fue así como aprovechando que existía un sitio de ventas de alimentos para estudiantes, en un colegio de la ciudad decidió gestionar el establecerse allí, y dos años después, desde que la directora del plantel, le dio esta oportunidad, la aprovechó, compró algunos enseres para funcionar, e inició pagando un arriendo mensual por el local. Sus principales compradores son los estudiantes, profesores y su sueño es hacerlo crecer, para ayudar algún día, a que sus sobrinos surjan mediante el estudio. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprara, pacas de productos fritos, refrescos y dulcería para aumentar sus ventas, mientras deleita el paladar de los estudiantes que le compran.

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
  • 253
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,824.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Elvis to buy candy, soft drinks, packaged fried snacks, and natural products.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 14, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013