With her Kiva loan, her first with Fundación Mario Santo Domingo, Sonia will purchase a greater volume of raw materials and resources. December is approaching, a period jn which prices increase, and by buying now she avoids that increase. Also, she wants to continue to strengthen her product line of breads and pastries, taking advantage of the Christmas season to create economical gift choices for her customers, such as Christmas breads, puddings, and cakes, among other ideas appropriate for the season. Her greatest challenges are obtaining a position in the market, increasing her sales, obtaining significant profits that support her own and her family’s well-being, and meeting the potential of the highly commercial district where her small business is located.
Su mayor reto es lograr posicionamiento en el mercado, aumentar sus ventas y lograr utilidades significativas que le apoyen su bienestar personal y familiar interpretando la potencialidad del sector altamente comercial, donde se encuentra ubicada su microempresa.
About Fundación Mario Santo DomingoFundación 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.
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Success!! The loan was 100% repaid