A loan of $700 helped to purchase goods like soap, sugar, rice, oil and medicine in larger quantities.

Marcelino José's story

Marcelino S. P. is 55 years old. He lives in the Ciudad Modesto neighborhood in the southwestern part of Barranquilla. He lives with his wife and their children who are between 21 and 30 years old. Originally from the state of Sucre, he moved to Bosconia in the state of Cesar, but with few possibilities for work, he then moved to Barranquilla and opened a business initially selling toys, which he used to support himself, but he made good money during December. So 10 years ago he decided to locate himself in various area of the city center, and sell basic goods such as oil, flour, sugar, rice and other items from a small cart. Some items he purchases in bulk and repackages them to sell in portions of one pound or ounces. He works in a very busy commercial zone in the center of Barranquilla.

He is requesting a loan for $1.300.000 to purchase soap, sugar, rice, oil, and non-prescription medicines, which families usually have in their medicine cabinets. Marcelino has been living off this business for 16 years. When the Mario Santo Domingo Foundation arrived 10 years ago, he joined a group of 4 people. He has taken out more than 10 loans as an individual, which have helped him to increase his earnings and to be able to move from selling from an old cart in the streets to a large wooden box with a metal door that locks and that he can park. Since he has joined the Foundation, he has improved his home and been able to support his family. His dream is to grow his business by adding merchandise, paying for it with cash. This is precisely his great challenge, to pay off the obligations he has to suppliers who have provided him credit at a high price.

Translator profile picture

Translated from Spanish by Kiva volunteer Michele Magrino

Loan details

Lenders and lending teams

Loan details