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Yesid Rafael
Yesid, 30 years old, sells cold meats and also perfumes on credit, from his own home located in the south of the city, where he lives with his family. Initially he worked as a security guard for a construction company but a certain friend suggested that he sell cold meats helping him with his undertaking, a business he began and built up when he lost his security job.

It’s been two years since he started and his working capital has increased, as have his purchase order requests. This is the reason for going for a Kiva loan, his first financing from Fundación Mario Santo Domingo, so that he can buy bologna, salami-like sausage, pork sausage, Catalan sausage, products in daily demand, and also to invest in perfume that has been requested by special clients for their favorite brands and are very profitable for Yesid. His future goal is to open a facility accessible to the public and to buy his own house, so he has the challenge of selling more and saving more.
View original language description ↓
Yesid de 30 años vende a crédito carnes frías y también productos de perfumería, desde su propia casa ubicada al sur de la ciudad, donde habita con su familia. Inicialmente trabajó como vigilante de una constructora y algún amigo le sugirió dedicarse a la venta de carnes frías apoyándolo con su experiencia, negocio que inició y fortaleció cuando perdió su trabajo de vigilancia. En la actualidad tiene 2 años de haber iniciado y su capital de trabajo ha aumentado, así como los requerimientos de sus pedidos, esta es la razón por la cual acude a un creidikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará mortadela, salchichón, chorizo y butifarra, productos que más vende diariamente y también invertirá en perfumes que le han solicitado clientes especiales de sus marcas preferidas y muy rentables para Yesid. Su meta más adelante es abrir un local al público y comprar su propia vivienda, por eso tiene el desafío de vender más y ahorrar mucho mas.

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
  • 192
    View loans »
    Colombia Loans Fundraising
  • $12,868,250
    Funds lent in using Kiva
  • 1,809.3
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $325 helped Yesid Rafael to buy bologna, salami-like sausage, pork sausage, Catalan sausage, and other products.
99% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Mar 19, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2014