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Berardo
Bernardo, 61, from Santa Cruz de Mompox, which is a beautiful town situated on the banks of the Rio Magdalena, was born into a family that traditionally raises cattle. At the age of 17, he moved with his family to the city of Barranquilla.

So as not to lose the connection with his hometown, he started his own business, intuitively interpreting the needs of the market segment, how to access the excellent food products produced in Santa Cruz de Mompox, and finally with his own life experience, he managed to transport goods for daily consumption to Baranquilla and sell them in a market. That was how he gained his first experience - selling whey, cheese and corn rolls to freinds and neighbors.

Gradually the quality of the products he was selling got its own results and today he has an established clientele and a good reputation in the market. He has also acquired working capital, which he invests in his business and with the profits, he maintains his home, and has even managed to enter the market of buying and selling cattle which he does in his hometown.

Lately, faced with the acquiring all the products that he sells to meet growing demand, and faced with the necessity to strengthen his cattle business, he has found that his working capital is insufficient to achieve this, so he is requesting a loan to buy cheese, rolls, whey, cookies and a bull. This is the third loan that he will receive from the Fundación Mario Santo Domingo. With this assistance, he is able to increase his liquidity, sales and profits. In this same way, he was able to finish building the second floor of his home which makes him feel satisfied and eager to continue working to increase his chances of well-being and achieve his dreams of prosperity.
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Bernardo, un hombre de 61 años, procedente de Santa Cruz de Mompox, hermoso municipio, ubicado a orillas del Rio Magdalena, nació en una familia tradicionalmente ganadera y desde sus 17 años se trasladó con ella a la ciudad e Barranquilla. Como para no perder la conexión con su pueblo natal, emprendió su propio negocio, interpretando intuitivamente las necesidades de un segmento de mercado y la forma de acceder a productos alimenticos de excelencia producidos en Santa Cruz de Mompox y finalmente con su experiencia de vida logró trasladar hasta Barranquilla, artículos de consumos diario, para venderlos en un mercado que los demandaba, atendiendo la oferta de Bernardo. Así fue como inició su primera experiencia, con vecinos y amigos vendiéndoles suero, queso, bollos de maíz. Poco a poco la calidad de los productos que vendía dio sus propios resultados y hoy ha consolidado una clientela y un buen nombre en el mercado. Así mismo ha logrado un capital de trabajo, que invierte en su negocio y con sus utilidades apoya el sostenimiento de su hogar, hasta llegar a incursionar en el mercado de la compra y venta de ganado vacuno en pie y esto lo hace en el municipio que lo vio nacer. Últimamente ante las posibilidades de adquirir todos los productos que ofrece, para responder a la creciente demanda y ante la necesidad fortalecer su negocio de ganado, encuentra que su capital de trabajo se torna insuficiente para lograrlo, por eso acude a un credikiva, mediante el cual comprará queso, bollo, suero, galletas y un toro. Su credikiva es el tercer financiamiento que recibe de la Fundación Mario Santo Domingo, con este apoyo logró aumentar su liquidez, las ventas y sus utilidades, así mismo terminó de construir el segundo piso de su vivienda y esto lo hace sentir satisfecho y con muchas ganas de continuar trabajando para aumentar sus posibilidades de bienestar y lograr sus sueños de prosperidad.

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
  • 266
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,816.7
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,675 helped Berardo to buy cheese, rolls, buttermilk, cookies.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2013
Listed
Mar 4, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014