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Eladio Manuel
Eladio is 36 years old. He started his business less than 2 years ago, taking into account the needs of his neighborhood for name and house number signs. He took charge of this and began to earn money. Today he has advanced with this business, since he has added alternative items for sale such as paintings on canvas and decorative ceramic items, which he sells door to door, sometimes for cash and other times on credit, working every day, 8 hours a day. His plan for the future is to achieve leadership on the national level, and for this he is working with efficiency and great responsibility. Currently, he is applying for a Kiva loan, his first financing with the Mario Santo Domingo Foundation. He will use it to buy wood and ceramic bisque items, in addition to paintings. With these products he will maintain an inventory for his customers and will increase his potential sales in a market that is increasing each day. This is precisely his plan for success from the investment of the Kiva loan for which he is now applying.
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Eladio de 36 años de edad, empezó su negocio hace menos de 2 años teniendo en cuenta las necesidades de su barrio en cuanto a señalización y nomenclatura, de la cual él se encargó y empezó a ganar dinero; hoy con este negocio ha avanzado, pues agregó otras alternativas de ventas como cuadros en lienzo y accesorios de cerámica, los cuales vende puerta a puerta, unas veces de contado y otras veces a crédito, con una frecuencia diaria durante 8 horas cada dia. Su propósito futuro es lograr liderazgo a nivel nacional y para eso desarrolla un trabajo con eficiencia y mucha responsabilidad. En actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, con el cual comprará madera y biscochos de cerámica, además de cuadros, productos con los cuales mantendrá un inventario para sus clientes y aumentará su potencial de ventas en un mercado que diariamente crece. Esta es justamente la razón de éxito, de la inversión de su credikiva al que ahora aplica.

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
  • 182
    View loans »
    Colombia Loans Fundraising
  • $13,171,600
    Funds lent in using Kiva
  • 1,822.0
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $600 helped Eladio Manuel to buy wood, ceramic figurines and paintings.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2012
Listed
Nov 26, 2012
Currency Exchange Loss:
Possible
Ended:
May 7, 2014