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Rony is a 37-year-old gentleman who lives with his wife in the town of Soledad, which is near the city of Barranquilla. Just outside of Pedraza, which is in the Department of Magdalena, is where he came up with the idea of selling cheese, meat, and fish that comes from the Department of Atlàntico, his birthplace. Rony started his business by selling to his neighbors and gradually gained more orders. They referred new customers to him and now he has extended his market into the city of Barranquilla. As of late, his operating capital has been insufficient in helping him keep up with demand. Therefore, he is requesting his first loan from Fundación Mario Santo Domingo so that he can buy large volumes of cheese, meat, and fish in order to reduce his transportation costs, respond to a large number of customers, and offer competitive prices.

He hopes this investment will be a success. His dream is to have a vehicle for his work so that he can buy, distribute, and promote his products and to allow his family to use on his days off. In the meantime, Rony continues with his daily work routine. He is able to maintain a profit margin of at least 35% from his sales. This figure is likely to increase over time as he generate better earnings by which he can improve the well-being of his family.

View original language description ↓
Rony es un hombre de 37 años que vive con su conyuge en el Municipio de Soledad, muy cerca a la ciudad de Barranquilla. Proveniente de Pedraza en el departamento del Magdalena, lugar de donde trajo la idea de vender queso, carne y pescado una vez llegò al departamento del Atlàntico, de su natal población, empezó esta actividad entre vecinos, los que gradualmente aumentaron sus pedidos, refirieron nuevos clientes y con ello ha logrado actualmente su extensión al mercado de la ciudad de Barranquilla, por lo que su capital de trabajo ha resultado ultimamente insuficiente para atender la demanda y ha acudido a su primer financiamiento con la Fundaciòn Mario Santo Domingo para comprar en mayor volumen queso, carne y pescado, poder disminuìr los costos de transporte y especialmente para responder a su ya buen número de clientes, con precios competitivos, lo cual haria de esta inversiòn todo un èxito. Su sueño es tener un vehiculo para trabajar en la compra, promocion y distribuciòn de sus productos y para usarlo con su familia los dias de descanso. Mientras esto ocurre Rony persistente en su diaria labor, manejando una rentabilidad sobre las ventas no menor al 35 %, que muy seguramente a lo largo del tiempo incrementará y generará mejores utilidades y con ello un mayor bienestar familiar

Additional Information

About Fundación Mario Santo Domingo

Fundación Mario Santo Domingo (FMSD) is a non-profit organization in northern Colombia dedicated to developing programs for the country’s poorest communities. In addition to numerous social services, FMSD runs a microfinance program to strengthen micro-businesses in the areas where it works. The organization also offers several non-financial components as part of this program, including training to help entrepreneurs start their own businesses.

About Colombia

  • $11,100
    Average annual income
  • 244
    View loans »
    Colombia Loans Fundraising
  • $16,895,775
    Funds lent in using Kiva
  • 1,775.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Rony to purchase cheese, meat, and fish in bulk.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jun 10, 2011
Jun 16, 2011
Currency Exchange Loss:
Oct 18, 2012