A loan of $800 helped to buy work tools like: pots, dishes, cutlery, ladles and an industrial stove.

Maria Barbara's story

María R., 26, prepares food. She sells breakfasts, lunches, evening snacks and refreshments. The business started with help from her mother with the goal of earning funds to pay for her Nursing studies which she is currently undertaking.

María sells daily both for cash and on credit to customers that are neighbors and employees of nearby firms. Profit on sales is about 50% and her raw materials and supplies have a three day turn over on the average. He customer base has increased recently and her work tools are insufficient to meet demand so she sometimes has to repeat the preparation of some dish or other to meet it.

This is her second loan with Fundación Mario Santo Domingo. She used the first one to increase her purchases, tend to more customers and help her mother at home. Her dream and great challenge is to finish her professional training and work in her profession while leaving her business well positioned and generating important family income.

She faces aggressive competition in this sector but she is steadfast in offering hygienic meals that are well presented and tasty that delight her customers; this is why she is their favorite.

She plans to use her Kiva loan to buy work tools: pots, dishes, cutlery, ladles and an industrial stove to improve her business even more. She currently carries an accounts payable rotation of 20 days and she wants to increase her productive capacity to increase cash sales.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details