A loan of $350 helped to buy foodstuffs, meats, vegetables and tubers.

Alfredo's story

Alfredo, 61, lives in Malambo, part of the city’s metropolitan area, with his wife; he has a 35-year-old daughter. She owns a restaurant that she started five years ago when she left her job to start her own business venture. She’s done very well because she sells low-cost meals, grilled items and general food items that are prepared and served to housewives and general customers to be consumed by their families at lunch time. Sales as well as purchases are daily and cash. The purchases are done at granaries that he’d like to have a special relationship with by making larger volume purchases if he had enough cash to do so. This is the reason why he’s calling on a Kiva loan, his first financing with Fundación Mario Santo Domingo to buy foodstuffs, meats, vegetables, tubers, etc. to make the end-of-year festivities complete spectacles by preparing delicious, special meals that will delight the palates of his customers while making a bit more money. His goal for later on is to have his own locale which he’ll surely do because he strives hard at work so that this will happen.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details