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Richard
Richard is the owner of a community deli and grocery in Eastern Pennsylvania. Six years ago, he used his own savings to invest and transform what was a small bakery, into a full operating deli and grocery. From the start, the business proved to be profitable and continues to grow. Now, Richard wants to give back to his community for all the help that they have given him through the early years. Richard is looking to expand his business to accept EBT (food stamps) payments, as a convenient avenue for these residents of the community. However, the city has strong demands for approval of a business that will provide this service. Richard has to reformat his store to show that he can adequately provide this service. This loan will be used to help convert his business and gain approval of the city. He would also like to expand his marketing to make the community aware of these new changes.

About United States

  • $47,000
    Average annual income
  • 33
    View loans »
    United States Loans Fundraising
  • $11,305,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $5,325 helped Richard to reformat his store to accept EBT services and expand his marketing.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2012
Listed
Mar 1, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014