A loan of $600 helped to buy beef, poultry, pork and fish, and disposable plates and cups.

Patricia's story

Patricia, 44, lives in the city of Barranquilla with her husband and three-year-old son. Taking advantage of her husband's 20 years of experience, Patricia opened a butcher shop in a family-owned locale through a joint venture with her husband. They sell meat and disposable products. The business grew little by little and even though she worked elsewhere, she helped her husband out part-time. But it got difficult to care for her child so she decided to quit work and dedicate her time exclusively to the business.

The experience from her husband and his family was the most important, positive factor in strengthening the business. Today, their growth expectations are higher than they were before because they are in a good location with a lot of vehicle traffic that will help increase sales. Their competitors are stores that sell less quantity of the same products at a higher price, so that means their shop has more customers. This is exactly why she is requesting a CrediKiva loan, her first from the Mario Santo Domingo Foundation. It will be used to buy beef, poultry, pork and fish in larger quantities in order to supply the increased daily demand. She also will buy disposable plates, cups and other products at discount prices. She will offer better prices to the customers and earn a higher income from the sales volume. This is the reason for the investment.

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Translated from Spanish by Kiva volunteer Sherry Bess

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Loan details