A loan of $1,050 helped purchase wood for her carpentry business & enough fish to sell during Holy Week.

Ana Maria's story

Ana Martínez de Oviedo is 59 years old and has a 30 year old son who works. They lives in the neighborhood of Las Calamares in the southwestern section of Cartagena de Indias.

She sells fish while her husband works as a carpenter. Therefore, she has two reasons why she is applying for a loan worth 2,000,000 COP. She plans to buy a sufficient quantity of fish to sell during Holy Week as well as wood to make furniture requested by her husband’s customers.

Ana started her business in 2001 when she bought a freezer. She began with 200,000 COP of savings, which she accumulated coin by coin and kept in a piggy bank. Ana was determined to sell her products even though she had no experience and had to deal with her mother’s health problems and a child who left home. Slowly she was able to move forward with her business and also support her husband with his carpentry, since he is well-known for his trade. Ana decided to apply for a loan from the Foundation in order to strengthen both businesses at the same time by expanding them, especially the carpentry business since it had been in operation already for two years. It is now the primary family business.

This is Ana’s seventh loan with the Foundation. She began with a loan of 1,200,000 COP and has received as much as 2,800,000 COP. Ana is grateful to the organization because it has helped to simultaneously support two family businesses that have grown since receiving the first loan. This has also improved her conditions at home and helped her son who has now started his own family.

Ana hopes that the carpentry business will grow so that she can work with it full-time. At the moment, she supplements this work by selling fish and with a job working at a hotel to earn additional income. She recognizes that her goal will be achieved when the carpentry business generates enough income to fully support her household.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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