Check out some available loans that are similar to this one!
Jose Gregorio
Jose is 34 years old and has a barber shop combined with an Internet café that generates income on its own. He serves customers daily from 6:00 am to 9:30 pm from the businesses he runs out of his home, located in a town very near Barranquilla. His customers are his neighbors and people from other areas who visit him and who have known his for six years.

His goal is to expand his business by adding a second floor that will allow him to separate his personal space from his work space. His business has grown little by little and now he has many more customers and he has extended his work hours.

He is asking for a loan through Fundación Mario Santo Domingo so that he can buy two computers for his Internet café, and a hot dog cart to expand and begin selling food. This will allow him to sell to his customers who also need to eat fast food and who have expressed an interest. He said that his Kiva loan will provide him a great potential for success.
View original language description ↓
Jose de 34 años de edad tiene una peluquería, que combina con un café internet y genera ingresos autónomos que lo benefician. Todos los días desde las 6 de la mañana hasta las 9:30 de la noche, atiende sus negocios que funcionan en su vivienda, ubicada en un municipio muy cercano a la ciudad de Barranquilla. Sus clientes son los vecinos del barrio y de otros sectores, que se acercan a sus instalaciones y lo reconocen desde hace 6 años, cuando dio inicio a su idea emprendedora. Su meta es ampliarlo haciendo un segundo piso, que le permita independizar su ambiente personal del productivo, logrando un mayor sosiego, pues su negocio ha crecido poco a poco y ahora atiende muchos más clientes, que extienden su horario. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará 2 computadores para su café internet y un carro de perros calientes, para ampliar su espectro productivo, dirigiéndolo hacia la venta de alimentos, negocio que le permite aprovechar sus clientes reales, que también tienen la necesidad de consumo de comidas rápidas y ya se lo han expresado, lo que deja manifiesto, que su credikiva tendrá un potencial de éxito al ser invertido.

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
  • 307
    View loans »
    Colombia Loans Fundraising
  • $13,867,525
    Funds lent in using Kiva
  • 1,802.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Jose Gregorio to buy two computers and a hot dog cart.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2012
Listed
Dec 12, 2012
Currency Exchange Loss:
Possible
Ended:
May 7, 2014