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Pedro De Jesus
Pedro, 45 years old, is a married man who lives in the city of Cartagena with his partner and his three children, who are 5 to 14 years old. There he sells snacks, groceries, soft drinks, and all the household staple goods in a small shop located in his house. His main customers are housewives who congregate daily to do their routine shopping for food that they will prepare for their families. He started his business in 2009 based on what he learned from his family, who always had a shop. Thus, when he formed his household, he took advantage of his experience to generate independent income and move the household ahead. Currently he is applying for a Kiva loan, his first financing with Fundación Mario Santo Domingo. With it, he will buy groceries, meat products, and convenience store items in greater volume in order to obtain new discounts and pass it on in his prices, since he needs to be very competitive to sustain himself in the market. This is what makes Kiva's investment successful, in addition to his capacity for work and his willingness to apply his resources to the business and generate income that will shape the well-being of his household.
View original language description ↓
Pedro de 45 años de edad es un hombre casado, que habita en la ciudad de Cartagena con su cónyuge y sus 3 hijos en las edades de 5 a 14 años de edad. Allí se dedica a la venta de ranchos, víveres, refrescos, y todos los artículos de la canasta familiar, en una pequeña tienda ubicada en su domicilios. Sus principales clientes son las amas de casa, que se congregan diariamente para hacer sus compras rutinarias, de alimentos que van a preparara para ser consumidos por sus familias. Su negocio lo inició desde el año 2009, basado en el aprendizaje que recibió de su familia, la que siempre tuvo tienda. Fue así, que cuando conformó su hogar aprovechó su experiencia, para generar ingresos independientes y sacarlo adelante. En la actualidad está aplicando a un credkiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará abarrotes, cárnicos y víveres, en un mayor volumen, para ganar nuevos descuentos y trasladarlo a los precios que ofrece pues necesita ser muy competitivo, para sostenerse en el mercado. Esto es lo que hace exitoso la inversión de Kiva, además de su capacidad de trabajo y disposición para aplicar sus recursos al negocio y generar ingresos que forjan el 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
  • 297
    View loans »
    Colombia Loans Fundraising
  • $13,971,825
    Funds lent in using Kiva
  • 1,804.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $575 helped Pedro De Jesus to buy groceries, meat products, and convenience store items.
99% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 13, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2014