A loan of $850 helped to buy stationery products.

Eder's story

Eder is a young man of 25 who has a business called "E Internet" (And Internet) in the center of Puerto Colombia, a town which is located in the North-west of Atlántico department and borders with the Caribbean coast to the north. Eder is a graphic publicist and an electronic engineering student. Two years ago, he decided to give free reign to his entrepreneurial capacity by opening an Internet café, with the aim of strengthening his personal income and achieving his goal of studying for a professional degree.

In his business, Eder offers telephone, fax, photocopying and Internet services. He also sells stationery products to his neighbors and to nearby schools who are his main customers. In the future, Eder plans to expand his business, renting the adjacent business premises so that he can diversify his offerings and expand his services.

Eder feels very satisfied with his business activity but he faces a great challenge from the competition to which he responds by providing his customers with an excellent service for very good prices. While he builds his dream of increasing his profit margin, which is currently no less than 35%, he continues working with a lot of care and enthusiasm as he grows his customer base.

This is Eder's first loan through Fundación Mario Santo Domingo and he will use it to buy stationery products in order to respond to a supply contract that he has with a governmental organization in the town. With this new income, he will increase his profits.

Translated from Spanish by Kiva volunteer Linda Oxnard

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Loan details