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Rafael
Rafael lives in San Miguel and he has an upholstering and embroidery business. He lives with his 6-year old daughter and his wife, both of whom are financially dependent on him. He starts work very early in the morning and he has two employees. Rafael's business has the advantage that where he has his shop there are no other similar businesses around.

He needs to purchase materials, which is why he requests a loan. He needs fabrics, threads, plastics, glue, and other materials to strengthen his business' inventory and to provide his clients with a better level of service.

He dreams of being the owner of various businesses and to grow as a small business owner.
View original language description ↓
Rafael, reside en San Miguel, se dedica a la tapicería y bordados, vive con su hija de 6 años y su esposa, quienes dependen económicamente de él, trabaja desde muy temprano tiene dos empleados y la ventaja de Rafael es el lugar donde está ubicado el taller ya que no tiene otro negocio igual cerca.
Él necesita comprar materiales, por lo que solicita un préstamo y tener forros, hilos, plásticos, pega, entre otros materiales que le permitan fortalecer más el inventario de su negocio y dar un mejor servicio a los clientes.
Sueña con ser un administrador de varios negocios, potencializarse como microempresario.

About El Salvador

  • $4,900
    Average annual income
  • 625
    View loans »
    El Salvador Loans Fundraising
  • $24,271,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Rafael to purchase fabrics, therads, plastics, and glue for upholstering.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2011
Listed
May 6, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2011