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A loan of $1,100 helped to buy primary materials to use fulfilling orders for designs on towel cloth and other items, and to invest in cold snacks like soft drinks and supplies for preparing snacks like sausages, popcorn, and green plantain to sell.

Solangel's story

Solangel lives with her daughter, aged 24, in the capital of Colombia, Bogota. She works with young special-needs children, teaching manual skills, and selling articles made of ecological paper, and taking into account the requests of their mothers, finally, she produces cold snacks and generates other income from selling cosmetic products, accessories, and other merchandise from special catalogs.

Solangel has received loans through the Fundacion Mario Santo Domingo for some 7 years. Through this organization, she has been able to increase her working capital, learn to evaluate commercial opportunities, and to make the most opportune decisions. Her dream for the future is to have her own stand and organize a web page, offering her services virtually, and to make known her artisan products in a massive medium like the internet.

With this Kiva loan, which is her 6th, she will buy primary materials to fulfill her orders for decorated towels and for cards generally, and to buy cold snacks like soft drinks, and supplies for preparing snacks like sausages, popcorn, green plantains, etc.

Solangel's biggest challenge is the fluctuation of prices and her customers' diminishing buying power. That's why she has to remain attentive to the prices she charges and, above all, to seek out providers who offer special prices for volume purchases, to be able to diminish costs of production, and sell her products at prices her customers can afford.

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Translated from Spanish by Kiva volunteer Harold Dana Sims, PhD

Loan details

Lenders and lending teams

Loan details