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Luis
Originally from Guatemala, Luis jumped on the opportunity to come to the United States six years ago for financial means. He has three boys still in Guatemala that rely on him heavily for financial support which he sends back to them. Luis lives in Miami now and owns a beach rental service that rents out umbrellas and beach chair to residents and tourists. He goes through seasonal rushes, but has made good relationships with local residents to keep him busy year round in this competitive market.

Luis has grown his business to now employ three other employees. He hopes that in the future he can expand his business further to employ more people and stand out as the best business in his market. Luis will use this loan to replace old chairs and umbrellas and to purchase a larger quantity to fully take advantage of the up-and-coming spring rental season.

About United States

  • $47,000
    Average annual income
  • 20
    View loans »
    United States Loans Fundraising
  • $11,483,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,175 helped Luis to purchase and repair inventory.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2012
Listed
Feb 8, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2013