A loan of $775 helped to make improvements to her restaurant, such as corrugated tin panels and new paint.


Arnulfa's story

Arnulfa is 63 years old. She lives in the municipality of San Jacinto, located in the department of Bolívar, which is known for making crafts from vertical weavings, such as the backpacks, hammocks, and bags that are well-known in the country. She lives with her partner and has 7 children from the ages of 34 to 42 years old. She started her own business 31 years ago with a small clothing store. It didn’t go very well for her because she didn’t take into account the location of her business, which was in the corridor of a shopping area. When she didn’t earn the expected income, she closed it and started a new business, the restaurant she now has. It had many ups and downs, especially during times when order wasn’t maintained by the municipality. Her business is currently growing and she plans to generate around her great economic growth selling lunches and fast food, soups especially. However, her working capital isn’t sufficient for her improvement plans. She wants to put in corrugated tin panels and paint the space. This is the reason why she is turning to a loan, the first one she has had with Fundación Mario Santo Domingo. She will invest it in improvements to her location, taking advantage of above-average sales during the Christmas season, and this will allow her to expand her market.

Translated from Spanish by Kiva volunteer



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