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Antonio
Antonio, 59 years old, has an electronics workshop in the city of Cartagena, where he lives with his partner, with whom he has his family, and their 3 grown children. For 20 years he has repaired and maintained electrical and now electronic devices in the building where his workshop is located. The need to buy spare parts has led him to also sell this type of item, and now he wants to add many more and arrange them in a display case. This is why he is taking out a Kiva loan. This is his first financing with Fundación Mario Santo Domingo, through which he will receive the loan. With his investment, he will be able to have inventory to offer to the market. Through it he will earn new income and have more customers, which will make his Kiva loan the most successful one.
View original language description ↓
Antonio de 59 años de edad tiene un taller de electrónica en la ciudad de Cartagena donde habita con su cónyuge con quien conforma su familia y sus 3 hijos adultos. Desde hace 20 años se ha dedicado a reparar y mantener artefactos eléctricos y hoy electrónicos. en su local donde está ubicado su taller. Las necesidades de comprar repuestos lo han llevado a vender también este tipo de artículos y hoy quiere agregar muchos más y ordenarlos en una vitrina. Esta es la razón por la cual acude a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, primer financiamiento que hace ala Fundación Mario Santo Domingo, mediante el cual los adquirirá. Con su inversión logrará tener inventarios para ofrecerlos al mercado y por ello ganará nuevos ingreso y un mayor número de clientes, lo que hará de su inversión de Kiva la más exitosa.

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
  • 504
    View loans »
    Colombia Loans Fundraising
  • $15,250,425
    Funds lent in using Kiva
  • 1,804.5
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Antonio to buy spare parts and a display case.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2013
Listed
Mar 13, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 25, 2014