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Jaime Enrique
Jaime does two things to generate income to benefit his family; which includes his wife and children. He’s 53 years old and has 29 years’ experience in his business. He knows a lot about his business where he sells periodicals and fast food, such as fruits, hot dogs, soft drinks, and other things. He sells from a stall for cash and credit to neighbors within the sector and other adjacent neighborhoods. He also sells in recreational areas, shopping centers, and at formal and informal activities.

Jamie is very organized and knows the high points of his sales very well; when they are approaching, when families celebrate Christmas and New Year; festivals that increase consumption of the foods that he sells.

He will take advantage of this season and has requested a Kiva loan, his first loan through Fundación Mario Santo Domingo, where he will buy sausages, flour, cooking oil, salt, and sauces in quantity, so that he can get discounts and pass the savings on to his customers so that he can compete effectively in the market. His goal is to progressively increase his family income, and what better way is there to do it?
View original language description ↓
Jaime realiza dos actividades afines al mismo tiempo, para genera ingresos que beneficien a su familia, conformada por su cónyuge y sus hijos; El con 53 años de edad y 29 años de experiencia, conoce mucho de su negocio, mediante el cual vende periódicos y comidas rápidas como frituras perros calientes, refrescos, entre otros. Sus ventas las realiza desde su puesto de trabajo, y ofreciendo los productos a domicilio, de contado y a crédito, entre vecinos del sector y de otros barrios aledaños al sitio donde se encuentra ubicado, el cual combina armónicamente, diversas zonas recreativas, centros comerciales, actividades formales e informales, conjuntos residenciales y viviendas . Jaime es muy organizado y conoce muy bien los picos altos de sus ventas, como los que se acercan, en los cuales celebran las familias la navidad y el año nuevo, fiestas que aumentan el consumo de los pasabocas y productos alimenticios que él comercializa. Aprovechando para invertir en esa temporada, Jaime ha acudido a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará embutidos, harina, aceite, sal, salsas en mayor volumen, con los cuales planea ganar descuentos y trasladarlos a los precios que ofrece a sus clientes, para competir efectivamente en el mercado y posicionarse en él. Pues su meta es aumentar progresivamente sus ingreso familiar y que forma mejor hay para hacerlo , que mediante el trabajo persistente y disciplinado?. .

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
  • 497
    View loans »
    Colombia Loans Fundraising
  • $14,967,400
    Funds lent in using Kiva
  • 1,797.4
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Jaime Enrique to buy inventory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2012
Listed
Dec 18, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2013