A loan of $1,150 helped to buy raw materials and supplies for making his products. He will buy foam, soles, adhesive, lining, heels, etc.

Pedro's story

56-year-old Pedro lives with his wife and has six children who are between 11 and 30 years of age. Five years ago, Pedro was experiencing a very difficult financial situation. He worked as a builder but was not finding work. He discussed with his wife the idea of making thongs (flip-flops) to sell and thereby make money. She supported this idea and so Pedro borrowed money from a friend, bought raw materials and made a few pairs of sandals which made him a small amount of money. His customers liked his products and started to recommend him. His customer base started to grow and he looked closely at the feet of people as they passed by, adding ideas to his designs. With the support of his wife and especially thanks to his loans from Fundación Mario Santo Domingo, Pedro managed to increase his working capital, grow his business and stabilize it. He has received two loans from this organization who have helped him for three years. Pedro would like to grow his business even further and is requesting a Kiva loan to buy raw materials and supplies so that he can make his products. He will buy foam, soles, adhesive, lining, heels etc. His goal for the future is to have sales premises where he can display his products. He would also like to buy more specialized machinery, which would make his production more efficient, and continue improving his family's well-being.

Translated from Spanish by Kiva volunteer Linda Oxnard

Loan details

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Loan details