A loan of $5,375 helped a member to invest in new equipment and supplies for her bakeshop, as well as new catalogue merchandise.

Banco Mujer Santa Marta Group's story

Sabelic is 41 years old, married and has two children. She lives with her husband and her children, who are in high school. Her husband is self-employed as a farmer. She is a very caring, humble and hard working client and she has a strong desire and drive to succeed together with her family. For six years, she has been dedicated to her work because she saw that there was a need for extra household income. Her primary means of generating this extra income is through a small business in which she makes bread and other pastries. During the morning hours she prepares the goods and then sells them in the afternoon: sometimes with the help of her kids when they don’t have school. Her business does well because even though she lives in a rural community, it is rather well populated.

In addition to her regular door-to-door sales, she also prepares cakes and pastries for special occasions like weddings, baptisms, birthdays and more. With the money she earns from her business she assists her family by paying for school supplies for her children and sometimes for medical expenses when they are sick. The funds that she has received from Fundacion Mujer have enabled her to improve the equipment that she uses to bake her products. She hopes to use her next loan to further strengthen her business and to continue improving quality of life for her and her family.

Sabelic, together with her five partners, plans to invest in new equipment and supplies for her bakeshop, as well as new catalogue merchandise, taking advantage of some of their great new offers, which will allow her to make these products available to her clients quicker and at a better price.

In this group: María, Edelmira, Giselle, Sabelic, Yanis, Karla

Loan details

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Loan details