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Edgar José
Edgar is 41 years old and has been making a living selling fish for four years. Five years ago he began his experience with this type of economic activity because several of his brothers are fishermen and from his family he learned more about the quality of fish. He sells fish including lebranche, bocachico and mojarra at the main market composed of shops and restaurants in his neighborhood. His sales are made in cash up front and on credit Mondays-Fridays from 8am until 11pm. He purchases his fish from his brothers in cash. They offer him an excellent quality of products and he works hard to reach many customers with the services he offers in order to see his business grow.

He is currently applying for a Kiva loan, his first credit with Fundación Mario Santo Domingo. Through this credit he will buy a freezer and fish in large quantities. With this investment he will expand his offerings because he will be able to conserve the fish with the care that this business requires, which is rightfully so, his reason to succeed.
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Edgar de 41 años de edad, se dedica a la venta de pescado desde hace 4 años, pues hace ,5 inició su experiencia en este tipo de actividad, porque varios de sus hermanos son pescadores y de su familia aprendió a conocer la calidad del pescado. En su oferta vende lebranche, bocachico, mojarra, a su principal mercado, conformado por tenderos y restaurantes, ubicados en el barrio donde habita. Sus ventas las realiza de contado y a crédito, de lunes a viernes desde las 8 de la mañana hasta las 11 de la noche. Sus compras las realiza de contado a sus hermanos, que le ofrecen una excelente calidad en los productos y él se afana en lograr muchos mas clientes con el servicio que ofrece, para ver crecer su negocio tal como es su propósito. Actualmente está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará un congelador y pescado en mayor proporción,, Con esta inversión ampliará su oferta, porque logrará conservar el pescado con a calidad que amerita este negocio y esto es justamente su razón de éxito.

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.

Tags

About Colombia

  • $11,100
    Average annual income
  • 465
    View loans »
    Colombia Loans Fundraising
  • $14,958,950
    Funds lent in using Kiva
  • 1,922.2
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Edgar José to buy a freezer and fish.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2013
Listed
Jul 4, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014