A loan of $550 helped to buy wheat flour, eggs, yeast, margarine, sugar, butter, oil, and baking powder.

Nolberto Donato's story

Sr. Norberto Donato is married and has no dependents because all of his children are grown. His main business activity is producing and selling bread. He has a bakery and has been in this line of work for more than 16 years. Only in the last two years did he have his own facilities and equipment. Norberto had always worked for other bakeries, which allowed him to acquire good experience before making the decision to start his own bakery. With the financing he received from other institutions, he was able to build his facilities and buy machinery. These loans were repaid using the income generated by his bakery.

Sr. Norberto will use this loan to buy supplies for making bread so that he can increase production. He wants to take advantage of this season when more sales are generated in the area.

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Translated from Spanish by Kiva volunteer Ronan Reodica

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