A loan of $1,050 helps to invest in the purchase of flour, sugar, butter, flavorings, cheese, cake flour, powdered milk, and bakeware for his bakery.


Francisco Miguel's story

Francisco Miguel is a young micro entrepreneur who is 22 years old. He lives with his family in the city of Cartagena.

This entrepreneur is an example of dedication and diligence. Day by day he works hard to run his business in order to generate income and contribute to the support of his home. He works making and distributing bakery products. This job has generated good profits and excellent benefits. His primary customers are stores to whom he distributes his products wholesale, and the general public to whom he sells at retail.

Francisco seeks to mitigate the impact of the Covid-19 pandemic and boost the reactivation of his business. He joined the "Cartagena Responde" program, led by the chamber of commerce and the mayor of Cartagena, in order to seek a Kiva loan through Fundación Mario Santo Domingo. This is his first loan through Fundación Mario Santo Domingo. He will invest it in the purchase of flour, sugar, butter, flavorings, cheese, cake flour, powdered milk, and bakeware.

Francisco wants to increase his sales to obtain greater profit from his business. For that he needs an injection of capital to timely fill the orders of his clientele. In this way he will strengthen his work capital, and the sales and profit of his business. Support him with this loan. He will be a success.

Translated from Spanish by Kiva volunteer Laurie Hiller.


This loan is special because:

It gives youth without prior credit history the opportunity to start or expand a business.

Lina Ramírez, Kiva staff

Lina Ramírez
Kiva staff



Loan details


Lenders and lending teams





Repayment schedule

*This loan is impacted by the COVID-19 crisis and your support is needed more than ever. Repayments may be delayed or lower than expected.

Loan details



Repayment schedule

*This loan is impacted by the COVID-19 crisis and your support is needed more than ever. Repayments may be delayed or lower than expected.