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Adanies
Adanis is 24 years old and lives near Barranquilla, where he has been selling pharmaceutical products for four years. He gained experience when he worked in a drugstore. He sells for cash starting at 8:00 am to 9:30 pm. He makes his purchases for cash and credit from large suppliers. His goal is to open branches but his greatest challenge is his lack of capital to make this investment so that he can improve his living conditions little by little.

He is asking for a Kiva loan so that he can buy medications in quantity, so that he can respond to the sales and have products on hand to satisfy his customers, which is the reason he has this business, so that he can generate income for his wellbeing.
View original language description ↓
Adanis de 24 años de edad, vive en un municipio cercano a la ciudad de Barranquilla; allí se dedica a vender productos farmacéuticos desde hace 4 años, aunque adquirió su experiencia cuando trabajó en una droguería. Sus ventas las realiza de contado desde las 8 de la mañana hasta las 9:30 de la noche; sus compras las realiza a crédito y de contado en almacenes mayoristas. Su meta más adelante es abrir sucursales, pero su gran desafío es tener el capital suficiente, para invertir y con ello mejorar sus condiciones económicas poco a poco. En la actualidad está aplicando a un creidikiva, con el cual comprará en mayor volumen, medicamentos para responder a la gran rotación que estos tienen y mantener una existencia con el fin de satisfacer las necesidades de su clientela, que es la razón de ser de su negocio generador de ingresos para su bienestar.

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
  • 342
    View loans »
    Colombia Loans Fundraising
  • $14,070,600
    Funds lent in using Kiva
  • 1,802.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Adanies to buy inventory.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2012
Listed
Dec 12, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013