A loan of $350 helped to repair 2 fishing nets and purchase beer directly.

Rosa's story

Rosa, 45 years old, lives in the Puerto Colombia municipality, located on the sea shore. It is a tourist spot and frequented by families on weekends and during vacation seasons to enjoy the beach, breezes and sea and the delicious meals prepared with the area specialty, seafood. Rosa, who lives with her 9 year old son in this beautiful place, has a business where she sells fish and beer, taking advantage of the market potential and her experience coming from a traditional family of fishermen. Her three brothers are fishermen and are part of her business. In their business they have a fishing boat with an outboard motor and two gill nets. They fish in the Caño Dulce area, a resort located 30 minutes from Puerto Colombia, and they take the fish to Rosa for her to sell. This business has been running for 20 years and they have a reputable client base. Additionally, Rosa has a stand where she sells beer on weekends, a business independent from her brothers. She is currently applying for a Kiva loan because the investment in the working capital of her business is a challenge. With this first loan from the Mario Santo Domingo foundation she will buy beer directly instead of from middlemen and will be able to repair the two nets. Her investment will be successful because she will gain the cost of the intermediary and will improve the equipment that will make the fishing more effective.

Translated from Spanish by Kiva volunteer Laura Bobbit.

Loan details

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Loan details