A loan of $1,675 helped to buy cheese, rolls, buttermilk, cookies.

Berardo's story

Bernardo, 61, from Santa Cruz de Mompox, which is a beautiful town situated on the banks of the Rio Magdalena, was born into a family that traditionally raises cattle. At the age of 17, he moved with his family to the city of Barranquilla.

So as not to lose the connection with his hometown, he started his own business, intuitively interpreting the needs of the market segment, how to access the excellent food products produced in Santa Cruz de Mompox, and finally with his own life experience, he managed to transport goods for daily consumption to Baranquilla and sell them in a market. That was how he gained his first experience - selling whey, cheese and corn rolls to freinds and neighbors.

Gradually the quality of the products he was selling got its own results and today he has an established clientele and a good reputation in the market. He has also acquired working capital, which he invests in his business and with the profits, he maintains his home, and has even managed to enter the market of buying and selling cattle which he does in his hometown.

Lately, faced with the acquiring all the products that he sells to meet growing demand, and faced with the necessity to strengthen his cattle business, he has found that his working capital is insufficient to achieve this, so he is requesting a loan to buy cheese, rolls, whey, cookies and a bull. This is the third loan that he will receive from the Fundación Mario Santo Domingo. With this assistance, he is able to increase his liquidity, sales and profits. In this same way, he was able to finish building the second floor of his home which makes him feel satisfied and eager to continue working to increase his chances of well-being and achieve his dreams of prosperity.

Translated from Spanish by Kiva volunteer LeeJay Victor

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