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Carlos Mario
Carlos is 21 years old and works selling pre-paid cell phone minutes and ice cream. He uses the income from this business to support his spouse and one-year-old child. His goal is to expand his business and add groceries and soft drinks, because no other nearby stores sell these products. Carlos says he sees the need for this in his community.

The corner where Carlos lives and has his small business is in a good location. A few years ago it was a store that sold groceries and everyday items. He says this made him think he could take advantage of the potential of the location.

This is Carlos’ first loan with Kiva and the field partner. He will use the loan to buy everyday items such as groceries, food, carbonated drinks and soft drinks. With the loan Carlos hopes to advance his dream of a better quality of life. He will work to expand his business and generate more income to benefit his family’s well-being.
View original language description ↓
Carlos de 21 años de edad, es un joven que se dedica a la venta de minutos a celulares, y a la venta de helados. Con este negocio genera ingresos para sostener a su familia, que la conforman su cónyuge y su hijo de 1 año de edad. Su meta es ampliar su negocio y agregar víveres, refrescos, pues no hay tiendas cercanas que a ello se dediquen, y esta es una necesidad sentída de la comunidad donde habita. La esquina donde vive y tiene su pequeño negocio, está bien ubicada y fue hace algunos años, una tienda de víveres y artículos de la canasta familiar, que lo lleva a pensar, en aprovechar la potencialidad de este mercado. En la actualidad está aplicando a un credikiva, primer financiamiento que hace a la Fundación Mario Santo Domingo, mediante el cual comprará artículos varios de consumo diario, como víveres, ranchos, refrescos y bebidas. Con esta inversión dará curso a su sueño de prosperidad, para empezar a trabajar por su sueño de crcimiento y generar muchos mas ingresos que beneficien el bienestar de 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.

Tags

About Colombia

  • $6,070
    Average annual income
  • 200
    View loans »
    Colombia Loans Fundraising
  • $13,129,225
    Funds lent in using Kiva
  • 1,940.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Carlos Mario to buy everyday items such as groceries, food, carbonated drinks and soft drinks.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2013
Listed
Sep 7, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014