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Jhon
Jhon is 26 years old and lives in a town near a city, where he runs an internet cafe. The business began after Jhon was laid off from a previous job. He father offered phone service to people who lacked it. Jhon saw an opportunity to add internet service to that business, which already had a customer base. Jhon also offers photocopying and transcription services seven days a week from 8:00 a.m. to 8:00 p.m. He hopes to expand the internet cafe at its current site and meet his goal of earning more income.

Jhon is currently applying for his first loan from the Mario Santo Domingo Foundation, and will use the loan funds to to purchase computers. This investment will increase Jhon's chances of earning more income by expanding his services and attracting more customers.
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Jhon de 26 años de edad, habita en un municipio cercano a la ciudad, lugar donde ofrece servicios de internet; este negocio nació cuando quedó desempleado y viendo a su padre ofrecer servicios de llamada, le agregó hace 7 años el de internet, aprovechando así la clientela ya cautiva en el negocio de su padre. En la actualidad Jhon ofrece también alternativas de fotocopiajes, transcripciones e internet, diariamente de lunes a domingos, y desde las 8 de la mañana hasta las 8 de la noche, con el fin de, más adelante, hacerle ampliación física a su local y lograr el desafío de obtener mayores ganancias. En la actualidad está aplicando a un financiamiento, primero que hace a la Fundación Mario Santo Domingo, mediante el cual comprará computadoras, con el fin de aumentar sus posibilidades de generar nuevos ingresos, a partir de ampliación de cobertura a sus clientes

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.

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About Colombia

  • $11,100
    Average annual income
  • 488
    View loans »
    Colombia Loans Fundraising
  • $15,254,800
    Funds lent in using Kiva
  • 1,887.5
    Colombia Pesos (COP) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $675 helped Jhon to purchase computers.
86% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2014
Listed
Aug 17, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 21, 2015