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Juan Carlos
Juan Carlos, 43, has a small shop where he sells clothing and sport shoes, mainly. With the income he generates at work he is able to support his family, comprised of his wife and 15-year-old daughter, for whom he has great dreams of prosperity.

He has been in business independently for 12 years, since he has always watched and accompanied his mother as she worked as a merchant in a well-known shopping center in the city. He sells his goods at a shopping center in the city and buys his merchandise from different suppliers. He has customers who visit the shop, and he also makes home delivery of his merchandise. He works with different companies who offer credit, so he is able to recover his investment little by little.

His goal is to expand his business and provide his daughter with a career. He also wants to buy his own house to give his family more stability. He is requesting a CrediKiva loan, his first through the Mario Santo Domingo Foundation, to buy women's clothing. He hopes to increase his stock with fashionable products to attract more customers.
View original language description ↓
Juan Carlos tiene 43 años de edad y se dedica en un pequeño local a la venta de ropa y calzado deportivo principalmente. Con los ingresos procedentes de su negocio sostiene su núcleo familiar conformado por su esposa y su hija de 15 años de edad, con quien tiene muchos sueños de prosperidad.
Su actividad comercial, data de hace 12 años cuando inició de manera independiente, pues toda su vida vio a su madre trabajar como comerciante, en locales de un centro comercial reconocido en la ciudad, en el que siempre la acompañó. Sus ventas las realiza desde un punto de ventas en un centro comercial de la ciudad y sus compras las hace de contado a diferentes proveedores. Cuenta con clientes que le compran en el local y con otros a quienes les lleva la mercancía a domicilio, porque trabajan en empresas diversas y recupera esta inversión poco a poco, pues le ofrece créditos. Su meta es ampliar su estructura de negocio y aportarle a la profesionalización de su hija, además de adquirir casa propia para aumentar el sosiego familiar. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará ropa femenina , pues espera aumentar sus inventarios para impactar una vez mas a su clientela con la moda en sus productos.

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
  • 275
    View loans »
    Colombia Loans Fundraising
  • $13,826,450
    Funds lent in using Kiva
  • 1,817.4
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,400 helped Juan Carlos to buy women's clothing.
99% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
Apr 11, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014