A loan of $1,050 helped to buy bananas directly cutting out the middleman.

Jorge Luis's story

Jorge is a hardworking man who has spent 16 years selling bananas wholesale, which he gets from Urabá Antioqueño. This is a business that Jorge knows very well and he covers an area that supplies clients in San Jacinto, San Juan Nepomuceno, El Guamo and other parishes within the area. Jorge works together with his wife on their business and he and his family (his wife and two children ages 8 and 16) are financially dependent on this.

He started out in the banana sales business when he was transporting this produce by lorry from el Urabá to the Caribbean Coast of Colombia, where he got to know the suppliers and decided to establish a sales outlet in San Juan Nepomuceno. From there he began to expand, looking for new clients in other villages as he is currently still doing.

Their sales are high as they are the distributors for the area assigned to them. They sell banans directly to businesses such as shops, restaurants and retail outlets in the market. Their total assets are comprised largely of a car and motorbike, very useful for the distribution of their products.

Jorge is applying for his first Kiva loan, but his wife has received 6 sets of funding from Fundación Mario Santo Domingo, which she has invested into their business. With their Kiva loan they will buy bananas directly, guaranteeing better pries which he will be able to pass on to his customers. His business has grown thank to funding from Fundación Mario Santo Domingo, as he now has a distribution vehicle, four members of staff, a cold room and a fixed client base. His future target is to expand his cold room and diversify his product line to include new produce such as vegetables so as to continue to better his family's well-being, particularly so as to secure a quality education for his children. His biggest challenge is when there are fruit harvests, which reduces sales and for this reason he plans to dabble in other products that could replace his current produce.

Translated from Spanish by Kiva volunteer Rachael Walker

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