Louise opened her shop in 1980 after saving about US $147, and her husband gave her an additional $75 to help her with the initial capital. She has since repaid the loan from her husband. The business has been doing well, but the price of commodities has increased, and Louise would also like to add stock so that she can provide her customers a greater variety of goods.
Louise is therefore requesting a loan of US $800. With this loan, Louise will be able to purchase flour (maize and wheat), rice, sugar, snacks, sodas, detergents, cooking oil, and more. This will boost her income, since more customers will be flocking to her shop. The repayment period for this loan is 10 months. She thanks Kiva lenders in advance.
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Success!! The loan was 100% repaid