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Marlon Jairo
Marlon, 32, sells fresh foods and groceries. He knows the market well and believes that, if he has more merchandise, his sales will increase. He needs capital to invest in and grow his business. So he has applied for his first Kiva loan through Fundación Mario Santo Domingo. He will use the funds to buy rice, sugar, milk products, coffee, and canned goods, which are the most popular items and the ones he needs to have in stock to grow quickly.

Four years ago in 2008, the idea to start this business occurred to him after seeing how another family had managed to get ahead the same way. He followed the example, and the business has prospered under his management. He wants to keep growing. He works in the store every day form 6 a.m. until 10 p.m. He buys from granaries, where he is well-known and offered good prices. Daily, he tries to convince customers to shop at Marlon's. Since he is the owner, he doesn't have to pay rent, which means he has more income to help his family.
View original language description ↓
Marlon de 32 años de edad se dedica a la venta de víveres y abarrotes, el conoce muy bien su mercado y dice que al tener más mercancías, obtiene más ventas, pero su negocio requiere aumentar el capital disponible para invertir. Esta es la razón para acudir a un credikiva primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará arroz, azúcar, lácteos, café, embutidos enlatados, que son los artículos de mayor rotación en su negocio y de los cuales debe tener inventarios para poder crecer rápidamente. su idea de negocio nació desde hace 4 años , en el 2008, cuando la experiencia de un familiar lo llevó a observar, como éste lograba hacer progresar a su familia con ese mismo negocio, por eso imitó esta experiencia con la que le ha ido muy bien y con su capacidad de trabajo y deseos de progresar quiere hacerla crecer., En su tienda trabaja diariamente desde las 6 de la mañana hasta las 10 de la noche y compra en graneros, donde es muy reconocido y le ofrecen precios competitivos, con los cuales día a día trata de impactar a su clientela, para mantenerla atenta a hacer su compra en la tienda de Marlon, que hoy es suya y como él dice no tiene que pagar arriendo a nadie y esto le ayuda a generar ingresos que sirven mucho 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
  • 162
    View loans »
    Colombia Loans Fundraising
  • $13,171,600
    Funds lent in using Kiva
  • 1,804.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Marlon Jairo to buy rice, sugar, milk products, coffee, and canned goods.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2013
Listed
Feb 25, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 22, 2013