A loan of $300 helped to buy and pay cash for rice, oil, grains and meats.


Madeleine Del Carmen's story

Madeleine, 38, lives in the city of Cartagena de Indias with her spouse and five children whose ages range from 2 to 17 years. She sells lunches there taking advantage of the fact that she lives very close to a very popular sports venue that many sports enthusiasts, parents, youngsters and children who play microfútbol [a type of soccer played on a smaller field and that combines rules from water polo, basketball, handball and soccer] attend and who are her main customers. She sells them traditional, regional meals for cash. Her goal is to expand the business but she’s challenged by her insufficient working capital in face of her growing clientele. She also dreams with her children attaining higher education that will make a successful future possible. She purchases small amounts so her raw materials and ingredients for her meal preparation cost more so the prices of her products rise too. This is why she’s asking for a Kiva loan, the first financing she’ll get from Fundación Mario Santo Domingo, to buy and pay cash for larger amounts of rice, oil, grains and meats.

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Translated from Spanish by Kiva volunteer Polliz



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