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Octavio Eduardo
Octavio, 30, lives in the beautiful city of Barranquilla nicknamed “Curramba la Bella” with his spouse and three children, a one-year-old boy and two daughters who are 5 and 7 years of age respectively.

His business consists in selling ice-cream cones in various flavors and fruit. He transports them with a three-wheel cart selling in the streets and at various schools in the surrounding neighborhoods morning and afternoon. He sells these products for cash and he also buys them for cash from a local ice-cream factory. His main customers are children who very much enjoy these products.

He relates that he came to the city 12 years ago and started working carrying bundles in the local wholesale food and grocery market for stores. While doing that work a neighbor pointed out that the ice-cream business was profitable so he decided to go into it. He started the business in 2007, that is six years ago.

This is his first Kiva loan through Fundación Mario Santo Domingo and he will use it to buy ice-cream cones and ice-cream. His goals and hopes are the following: As to the business, to have two more three-wheeled carts to put them to work with other people and to acquire a house of his own for his family.
View original language description ↓
Octavio tiene treinta (30) años de edad, vive en la hermosa ciudad de Barranquilla, apodada “Curramba la Bella”, con su conyugue y tres (3) hijos, asi, un niño de un (1) año, y dos (2) hijas de cinco (5) y siete (7) años respectivamente. Su negocio consiste en la comercialización de helados de diferentes sabores y frutas, através de conos, que transporta en un triciclo, ofreciendo y vendiendo por las calles y colegios de varios barrios circunvecinos, en horas de la mañana y tarde. Estos productos los vende de contado, y los compra también de contado en una fabrica de helados; sus principales clientes son los niños que apetecen mucho estos productos. Cuenta que hace 12 años llegó a la ciudad y empezó a trabajar cargando bultos en una central de abastos de viveres y abarrotes para tiendas; estando en esa labor se dió cuenta por un vecino que el negocio de los helados era rentable, por lo que se decidió a emprenderlo. Desde el año 2007 inició el negocio, es decir, desde hace seis(6) años. Este es su primer credikiva con la Fundación Mario Santo Domingo, el cual lo aplicará en la compra de helados en cono, cremas de helados, y conos. Tiene las siguientes aspiraciones y metas: 1. En cuanto al negocio, tener 2 triciclos más , para ponerlos a trabajar con otras personas. 2. Adquirir casa propia para su familia.

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
  • 266
    View loans »
    Colombia Loans Fundraising
  • $13,479,900
    Funds lent in using Kiva
  • 1,892.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Octavio Eduardo to buy ice-cream and other frozen treats.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2013
Listed
Jul 18, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2014