100%

funded

Total loan: $100

Felipe Antonio

Flag of Colombia
Cartagena de Indias, Bolivar, Colombia / Retail

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A loan helped to invest in the purchase of materials like sand, gravel, cement, paint, etc.


Felipe Antonio's story

Felipe Antonio is a 65-year-old small entrepreneur who lives in the city of Cartagena with his family. He works in selling and marketing construction materials. He started his business plan by buying overstocked merchandise from a hardware store.

Felipe markets all kinds of hardware products and has his wife's help to carry out this job. Thanks to the excellent service that he gives and the quality of his products, he has earned very good profits. His main customers are his friends, family members, neighbors, and people passing through the area.

Due to the pandemic, his sales have been affected along with his income. Thanks to the reopening of the economy, his sales are increasing and because of this, he is looking to reduce the impact of Covid-19. He is currently applying for a Kiva loan, the first funding he has done through the Mario Santo Domingo Foundation, to invest in the purchase of materials like sand, gravel, cement, paint, etc.

This entrepreneur needs a boost of capital in order to have greater negotiating power with his suppliers. In this way, he will increase his inventory and offer his customers products at better prices. Please consider helping him with his loan.