A loan of $625 helped to buy raw materials and some fixed assets that he needs for his business.

Felipe Santiago's story

Felipe is 44 years old and lives in the city of Cartagena. He makes a living selling fast food and has done this for 3 years when, as an observer, he identified the need to offer a nutritious and delicious fast food product. Initially he only sold patacones (fried plantains) with cheese and fried meat, but he gradually diversified his offerings, adding new lines of products like hamburgers, hot dogs, sausages with french fries, etc. Currently things are going very well for him and in the future a very organized business with more products than a restaurant is seen. His greatest challenge in meeting his growing demand is not having enough working capital to respond to it. This is the reason for which he turns to his Kiva loan with which he will buy raw materials and some fixed assets that he needs for his business, like plastic chairs and tables. The growth of his customers demands this and he is going to respond to it. This is just the successful reason of his Kiva loan, the first funding that he's requested from the Fundación Mario Santo Domingo and with which he will achieve the start of his rising path.

Translated from Spanish by Kiva volunteer Shannon Birk

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