A loan of $650 helped to buy flour, chocolate, Arequipe (sweetened milk sauce), margarine, yeast, etc.

Gustavo's story

Gustavo is 56, and the owner of a store, a bakery located in the municipality of Soledad that he started a year ago. His biggest customers are the schools, to which he supplies cafeteria products for the students. Also among his customers are grocery stores, and various other stores and companies. He also sells foodstuffs and groceries directly, and his main buyers are housewives.

He sells and purchases on a cash basis. but he must hope to sell in order to invest again. His business grows each day, and his working capital becomes insufficient for being able to buy in greater volume and supply his business.

His greatest dream is to have branch stores at the local and regional level. That's why he invests in his business, in order to someday achieve his goals.

His credikiva is the first loan that he is taking out with the Mario Santo Domingo Foundation, which he will use to buy flour, chocolate, Arequipe (sweetened milk sauce), margarine, yeast, etc.

With his investment he plans to make desserts and cakes; and meet the demand for bread, and other baked goods made with wheat flour, as these are products his customers eat. For them it is a treat to get them fresh, and to eat oven-warm bread, as Gustavo sells it in his business.

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Translated from Spanish by Kiva volunteer Jeff Goldie

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