Funded

Total loan: $1,150
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Gloria Isabel

Colombia
Barranquilla, Colombia / Restaurant

A loan of $1,150 helped to buy a galvanized steel work table, more kitchenware and raw ingredients and supplies.


Gloria Isabel's story

Gloria, 53, lives in the “Las Estrellas” neighborhood with her spouse and three children whose ages range from 15 to 23. She has a restaurant/tavern at home, a business she started over 23 years ago with a small table, pots and a home stove. Today, not only has its physical infrastructure grown since it now has an industrial stove and all kitchenware but it’s become a restaurant with three employees that help her meet the needs of her diverse and exclusive clientele with daily meals that are quite appealing.

Her Kiva loan is the third loan she’s gotten from Fundación Mario Santo Domingo. She used the previous ones to increase her working capital through reinvestment and disciplined work. The current loan will be used to do some kitchen refurbishing. She will add a galvanized steel work table, which is more hygienic and easier to clean. She will also buy more kitchenware and raw materials and supplies to meet growing customer demand who sometimes have to be turned away because the food has run out. While Gloria strengthens her dream to expand her physical space to attain customer comfort, she runs the business with a profit margin of no less than 25% firmly supporting her family’s income.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz



Loan details

Loan length:

15 months
Disbursed date: July 22, 2011
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: July 22, 2011
Facilitated by Field Partner: Fundación Mario Santo Domingo (FMSD)