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Carlos
Carlos is 70 years old and previously had a bakery when he lived in a different part of Colombia with his wife and their four children. There, his business had grown and they were very stable. His finances and dreams of prosperity grew. But one day misfortune knocked on his doors and he was forced to abandon everything and start over. His greatest challenge had been started at his family's side. His daughter helped him move to the city of Barranquilla to get his family ahead and begin a new business.

He became a beer and soft drink distributor and is now located in the municipality of Soledad with this small business that he has begun to grow. His primary customers are his neighbors and those referred to him from the area and other neighborhoods that surround his. He wakes up very early and at 6:00 in the evening he finishes his work of the day.

He is currently applying for a Kiva loan, his second made to the Fundación Mario Santo Domingo, through which he will buy refreshments by the crate and with which he plans once again to increase his utility. With the financing he will have greater purchasing power. His goal of prosperity is to increase his earnings to support his children wherever possible and to improve the well-being within his home.
View original language description ↓
Carlos Don Carlos tiene 70 años e inicialmente contaba una panadería, cuando vivía en otro lugar de Colombia, con su esposa y sus 4 hijos; allí su negocio había progresado y estaban muy estables sus finanzas y sus sueños de prosperidad crecían, pero un día el desplazamiento golpeo sus puertas y debió abandonarlo todo y empezar de nuevo; su gran desafío había iniciado al lado de su familia. Su hija lo ayudó a que se ubicara en la ciudad de Barranquilla, para que sacara a su familia adelante y allí empezó su nuevo emprendimiento, se convirtió en un distribuidor de cervezas y refrescos y hoy está ubicado en el municipio de Soledad, con ese pequeño negocio que ha empezado a crecer. Sus principales clientes son sus vecinos y referidos del sector y de otros barrios que lo circundan, él se levanta muy temprano y solo hasta las 6 de la tarde, termina su jornada de trabajo. En la actualidad está aplicando a un credikiva, segundo financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará refrescos por cajas y con ello planea una vez mas, aumentar sus utilidades, pues con el financiamiento tendrá una mayor capacidad de compra, porque su meta de prosperidad es incrementar sus ingresos, para apoyar a sus hijos, hasta donde le sea posible, y generar mayor bienestar a su hogar.

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
  • 183
    View loans »
    Colombia Loans Fundraising
  • $13,171,600
    Funds lent in using Kiva
  • 1,777.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,425 helped Carlos to buy refreshments by the crate.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2012
Listed
Dec 26, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2014