Funded

Total loan: $850
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Alfredo


A loan of $850 helped to buy 500 chickens, 9 packages of concentrated feed, 65 laying hens and 10 pigs.


Alfredo's story

Alfredo V. is 49 years old. He lives in the municipality of Malambo, where he raises chickens and pigs. He learned this business more than 12 years ago, thanks to the fact that he always accompanied his father when he was transporting feed for a business that raised and sold chickens. Thus, together with his brothers, he began with 10 poultry sheds in the yard of his house and 100 chickens. As the business grew, he achieved commercial successes such as becoming registered as a supplier for a state enterprise. However, with these achievements also came great challenges: for instance, there were problems with electricity and water in his poultry sheds and he suffered some losses. Because of this, three years ago Alfredo decided to move his business with the help of a family member, relocating it to a lane with all of the necessary conditions to raise animals appropriately. This made his work easier, and now he is more at ease and enthusiastic about increasing the productivity of his business. He has joined with the National Learning Service, SENA, where he participates in a community project providing technical consulting for raising and fattening animals. His loan with Kiva is the first with the Mario Santo Domingo Foundation, and he needs it to buy 500 chickens, 9 packages of concentrated feed, 65 laying hens, and 10 pigs. This will allow him to increase his working capital and expand his commercial coverage to 1000 chickens, in order to increase his income.

Translator profile picture

Translated from Spanish by Kiva volunteer Patricia Linderman



Loan details

Loan length:

14 months
Disbursed date: May 11, 2011
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: May 11, 2011
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)