A loan of $1,050 helped to buy bulk wheat flour, sugar, dairy products and .

Antonio's story

Antonio learned the bakery trade when he was 14 years old. He acquired his expertise working for many businesses in his neighborhood and later started his own business which has supported his family, comprised of his wife and two children who work in separate companies. With his savings of several years and small loans he has been able to buy the infrastructure he needed to get started and grow. He is known in the neighborhood for the delicious breads he offers customers, among which are "pan piñita", sweet bread, cheese bread, savory bread, and french bread which he distributes to the stores in the neighborhood. Many families buy from him directly.

Antonio teaches his trade to young people so they will take an interest in it and begin their own business to earn money. Although there are several bakeries in the same area, he does not feel there is much competition because the neighborhood is large and there is enough demand for everyone. The credikiva is his first loan through the Mario Santo Domingo Foundation. He will use it to buy bulk wheat flour, sugar, dairy products and dried fruits. His goal is to continue expanding his business to gain a greater market share and increase income.

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Translated from Spanish by Kiva volunteer Sherry Bess

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Loan details