A loan of $875 helped to buy supplies, two display cabinets and other handicrafts.

Francia's story

Francia is a 33 year-old woman who lives in the town of San Jacinto, in Bolívar department, with her husband and her 13 year-old son who is in school. Francia's business is making handicrafts. She has been doing this for three years. She previously used to sell her products to order only but she trained with SENA (a national apprenticeship service) in order to perfect her trade and made connections with a number of customers and a lady who provides her with merchandise and who advised her to set up her own store in her area. Francia is very excited about all this as her dream is to grow her business until she has a well-positioned sales location where her husband can work with her.

This Kiva loan is Francia's first loan through Fundación Mario Santo Domingo and she will use it to buy supplies, two display cabinets to make the most of her location, and other handicrafts that she doesn't make herself, so that she can offer a wider range of products. This investment will be successful because her business is located in an easily accessible commercial area with a parking lot. Many people come to her business and they are impressed with the beauty of her products. While Francia realizes her dream, she continues maintaining a sales profitability of no less than 21% and a current ratio of 24.

Translated from Spanish by Kiva volunteer Linda Oxnard

Loan details

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Loan details