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Laureano
Laureano is 27 years old and he works selling chilled meats and natural products. Starting 10 years ago, when he was 17, he was already working, but he was let go from his job. To earn his own money, he decided to begin an adventure in business with support from an experienced friend who had a lot of knowledge of the market in which he would explore. His sales are conducted in cash, as are his purchases, which he makes in the market in the city where he finds competitive prices in order to bring to his clients the best options for accessing his products. His primary clients are neighborhood stores, particularly those that have been referred to him by family or neighbors. His goal is to increase his earnings by selling more items, but his biggest challenge is to have sufficient capital to impact his market and to increase his offerings of his products. This is what he will accomplish with the Kiva loan that he is applying for. This is his first financing through Fundación Mario Santo Domingo that he will use to buy pepperoni, sausages and other meats in addition to natural remedies for colds and for cellular therapy. He will do all of this with the goal of capitalizing his business and increasing his sales so that the investment will be very successful.
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Laureano tiene 27 años de edad y se dedica a la comercialización de carnes frías y productos naturales. Desde hace 10 años cuando tenía 17 años, él ya trabajaba como empleado, pero quedó cesante y para generar ingresos propios, decidió emprender su aventura de negocios, apoyado por la experiencia de un amigo, quien tenía mucho conocimiento del mercado en el que incursionaría. Sus ventas las realiza de contado, así como sus compras, las cuales hace en el mercado de la ciudad, donde encuentra precios competitivos, para llevar a sus clientes las mejores opciones de acceso a sus productos. Su principal clientela son las tiendas de barrios y particulares que han sido referidos por familiares y vecinos. Su meta es la de incrementar sus ganancias, vendiendo mucho mas, pero su mayor desafío, es tener el capital suficiente para impactar su mercado y ampliar la oferta de sus productos. Esto es justamente lo que logrará con su credikiva, al que está aplicando y es su primer financiamiento a la Fundación Mario Santo Domingo, con el cual comprará salchichones, salchichas y otros embutidos, además de productos naturales para la gripe y para terapias celular multiembrionaria. Todo esto con el fin de lograr capitalizar su negocio, incrementando sus ventas, para que la inversión sea muy 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
  • 472
    View loans »
    Colombia Loans Fundraising
  • $15,262,800
    Funds lent in using Kiva
  • 1,832.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $450 helped Laureano to buy pepperoni, sausages and other meats in addition to natural remedies for colds and for cellular therapy.
99% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 5, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014