A loan of $575 helped to buy printing equipment.

Ramon's story

Ramon, 57, lives in the city of Cartagena, and he has a printing business where he also sells newsprint paper. His business is small, but it has significant growth potential, because he has gradually built a customer base and his customers refer him to others. This makes him very motivated to grow the business. He doesn't have enough working capital to finance his dream of expanding his business, and so this is why he applied for a Kiva loan. This is the first financing that he has arranged through the Fundación Mario Santo Domingo. With this loan, he will buy printing equipment so that he will be able to respond promptly and effectively to the demands of the market. Ramon's goal is to increase his printing contracts; his main challenge is to match the level of companies with greater production capacity.

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Translated from Spanish by Kiva volunteer Lisa Grobar

Loan details

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Loan details