Funded

Total loan: $675
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Guillermo

Colombia
Barranquilla, Colombia / Food Production/Sales

A loan of $675 helped purchasing equipment for his business, such as a cooler, thermos bottles, a blender, an orange juicer and a thermal display case.


Guillermo's story

Guillermo Modelo B. is 52 years old and lives in the Ciudadela 20 de Julio neighborhood, in the city of Barranquilla, with his spouse and his four children, who are between the ages of 25 and 34. He works preparing and selling fried foods and aromatic beverages, including coffee, cinnamon tea, melissa tea, and others. Between 2 and 9 p.m., it is very common to see Guillermo circulating in Metrocentro, a very well-known shopping center in the south of Barranquilla. He started this business as a coffee vendor in 2003, and he gradually added a variety of beverages and fried foods. Before starting this business, he sold merchandise door to door. This is his second loan with the Mario Santo Domingo Foundation, and since receiving credit, he feels that he has made progress in terms of his income, which he has been able to increase. He is currently applying for a loan in the value of 1,300,000 Colombian pesos (COP) to improve the presentation of his business and to help protect the environment. He will invest the funds in purchasing equipment for his business that is currently in poor condition, such as a cooler, some thermos bottles, a blender, an orange juicer and a thermal display case.

His greatest challenge is to make progress with his business and help his family get ahead. He dreams of operating his business on a permanent site where he can sell his products, and having a house of his own, which would give him great stability.

Translator profile picture

Translated from Spanish by Kiva volunteer Patricia Linderman



Loan details

Loan length:

15 months
Disbursed date: February 26, 2010
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: February 26, 2010
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)