A loan of $450 helped to purchase beer in larger quantities and ingredients to prepare foods.


Maria Auxiliadora's story

Maria is a 49-year old woman who is highly enterprising and she lives in La Playa, very close to the ocean, together with her common-law partner and their two children, aged 6, and 17. She sells prepared foods, soft drinks, and alcoholic drinks. She also offers her clientele other products such as shoes and clothing. Her business experience started in 1992 with the sale of lunch foods in the municipality of Salgar, on the ocean's coast, and some other merchandise. Later she moved to La Playa, where she still lives today with her common-law partner, and she relocated her business to this location. There she has managed to strengthen it and she is so keen that all of her efforts are invested towards its development. But she needs working capital to achieve her goal. Her clients seek her out for the delicious recipes she uses in preparing her foods. Her husband helps her with the business and she has an employee who helps in the kitchen. Her primary clients are the fare collectors and bus drivers and the many passers-by that travel to this community with many businesses. Her Kiva loan is the first loan which she accesses through Fundacion Mario Santo Domingo (Kiva Field Partner). With it she will purchase been in larger quantities and ingredients to prepare her lunch foods. She will also invest in merchandise requested by her clients, such as shoes and hand bags. Her greatest dreams are to provide her children with a quality education, to make improvement to her home, and to improve the wellbeing of her family. While this happens, Maria strives to achieve her goal by working persistently to earn a profit of no less than 44.8%. She plans to gradually increase it by acquiring capital funds, such as the one granted by Fundacion Santo Domingo (Kiva Field Partner).

Translated from Spanish by Kiva volunteer



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