Total loan: $925
Soledad Atlàntico, Atlantico, Colombia / Retail
Flag of Colombia
Richar Jesus's loan finished fundraising,
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A loan helped To pay cash for most of his stock merchandise.
Richar Jesus's story
Richar G. P. is a young man with a strong work ethic; everything he’s accomplished has been due to his good behavior, discipline and self-control. As a good citizen of Santander, at his young age he already owns a grocery store. He lives with his father and sisters who are 13 and 23 years of age. He came to the Caribbean coast region looking for better opportunities and started working in a bakery. Having learned those skills, he sought to become independent. The owner of the bakery, recognizing Richar’s sense of responsibility, lent him the initial $200.000 pesos and later an additional $10.000.000 pesos. This is how he was able to bring his father from north Santander and they began to work in their own store after the illness and death of his mother. Currently, each tends to his business. This is his 2nd loan with Fundación Mario Santo Domingo. He used the first one to pay down several of his debts; thanks to God everything has normalized now. With this capital input he was able to pay cash to his suppliers which guaranteed lower prices and allowed him to be competitive in the marketplace. This is why Richar is now applying for a $1.800.000 pesos loan; he wants to pay cash for most of his merchandise like: rice, coffee, cooking oil, canned goods, beverages and soft-drinks. His future dream includes owning his own home, helping out his family, and carving out some free time to go to school to continue preparing himself. However, what he would most like is to find ways to relax and enjoy himself because currently all he does is work.
Translated from Spanish by Michael Bujazan, Kiva Volunteer