A loan of $1,825 helped to buy supplies, groceries, and a metal shelf, and to adapt the roof of his terrace.

Wilson's story

Wilson, age 50, lives with his wife and two children, ages 3 and 17. They live in the beautiful city of Cartagena, which is located on the shores of the Caribbean Sea. It is one of Colombia’s best-known tourist sites because it has one of the country’s main naval bases and its historical-artistic heritage encompasses Carthaginian, Roman and Byzantine military styles from both modern and contemporary ages as well as neo-classical and modern buildings.

It is in this fantastic place that he has his own modest telecommunications business. He also sells beer, soft drinks, sweets, candies, and processed foods there. He started his business two years ago when he started to sell cell phone services beneath the shade of a tree that is close to his house.
He does all of this in order to generate income to support his family. Little by little his business has been growing. As a good observer, he identified a great potential from passers-by who could be part of his clientele. In time he achieved that, and he added candy, food, and drinks for his customers. He earned money from them, saved, and moved to his house. He set up two tables with display cases. He took advantage of the family refrigerator and added soda and drinks.

He is now very enthusiastic about this change. He saved with discipline, and he bought a cooler because the family refrigerator could not keep up with his growth. In addition to all of the previous products, he now sells dairy products, shoes, and various merchandise ordered by his customers.

As long as Wilson’s business has been growing, he has not had enough working capital to respond to the market demand. That is the reason that he turns to a Kiva loan, his first loan with the Fundación Mario Santo Domingo. He will use the loan to buy supplies, groceries, and a metal shelf in order to adapt his business to become a store. In the store he will sells basic needs products that are consumed a lot by his potential clientele.

He will also fix the roof of the terrace of his house in order to protect his customers from the incessant Caribean sun and to lower the temperature of the place where he works. This will provide a bit of shade for his business, which will improve everyone's well-being.

Translated from Spanish by Kiva volunteer Ginny Kalish

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