Funded

Total loan: $525
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Eannys


A loan of $525 helped to buy shoe-making supplies and raw materials.


Eannys's story

Eannys C. A. lives in the Cusules de Soledad neighborhood. She and her husband, who have three children that range in ages from 7 to 16 years, are ladies shoes manufacturers. She started the business after a State-run entity had a course on shoe modelling where she learned this skill. Later, she was able to gather seed money that she used to buy a machine and tools to make her first shoes. After that, she hired an employee to increase production and he trained her husband, who became proficient in this work.

This is her second loan with Fundación Mario Santo Domingo; it is valued at $1,000.000 and will be used to buy raw materials and supplies like: sandals, heels, synthetic materials, soles, etc. to make ladies shoes. She sells to merchants by the dozen and to individuals, who order the style of shoe they want made from a catalogue, by the unit.

Her most important challenge is competition because she says that the market is saturated with low-price footwear. However, these are not of the same high quality as the shoes she makes. This is reflected in their durability and the fine materials they use. Their customers have understood this.

Her dream is to succeed with her business in order to set bases for her family's future support, especially so that her children will study and be successful and so that she can provide employment for others.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz



Loan details

Loan length:

15 months
Disbursed date: February 24, 2010
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: February 24, 2010
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)