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Wilson Rafael
Wilson is twenty-five years old and lives in a popular neighborhood in the municipality of Barranquilla. This is where he has offered his recreational services, like video games, for five years. He learned this from his aunt, who had the same type of business; he would always spend time in her shop playing. Through observation, he analyzed the commercial movement of this business and its profitability and, with the help of his parents, he started his own business.

His business has grown gradually through loans. His main clients are children and young people, those that come every day from 8 a.m. until 6 p.m. His principal game suppliers are the shopping centers that specialize in technology.

Currently, he is applying for a loan through Kiva. It is his first financing with Fundación Mario Santo Domingo. He will buy video games, which will upgrade his services, and a television. With these, he plans to attract his clients, preparing for the vacation period that occurs at the half-way point during the school year. His investment will be successful because he will use it to buy the most modern games on the market, which are the games that his young clients like the most.

His goal is to continue growing as a businessman and to be able to take specialized classes. His greatest challenge is to have sufficient resources to realize these goals immediately.
View original language description ↓
Wilson de 25 años de edad, habita en un barrio muy popular del municipio de Barranquilla, donde ofrece servicios recreativos como video juegos, desde hace 5 años cuando aprendió de su tía, quien tenia el mismo negocio y él permanecía en su local jugando. Mediante la observación analizó el movimiento comercial de este negocio y su rentabilidad y con la ayuda de sus padres dio inició a su propia alternativa de negocios. Aumentándolo gradualmente mediante préstamos. Sus principales clientes son los niños y los jóvenes, a quienes atiende todos los días desde las 8 de la mañana hasta las 6 de la tarde. Sus principales proveedores de juegos, son los centros comerciales especializados en tecnologías. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará videojuegos que modernizaran su oferta y un televisor. Con ello planea atraer a su clientela, preparándose para las vacaciones que ocurren a mitad del año y así su inversión de credikiva será exitosa, porque contribuye con la compra de los juegos más modernos del mercado, que son los que más gustan a sus jóvenes clientes. Su meta es continuar creciendo como empresario y lograr estudios especializados, pero su gran desafío es tener suficientes recursos, para alcanzarlas de manera inmediata.

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
  • 492
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,834.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $825 helped Wilson Rafael to buy video games that will upgrade his services, and a television.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 3, 2013
Listed
May 17, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014