Update on Ricardo DomingoEvery day after having enjoyed his hot cup of coffee Ricardo leaves for his small stand of variety items in the market. He gives excellent service so he has created a large clientele. He is 30 years old, married and has a child. He is a friendly and hard-working man.
He started his business 5 years ago with the objective of generating better income to provide his family with quality education and health services. His wife and his sister has been very supportive.
He is requesting his second loan to increase his capital production. He needs to buy cosmetics, beauty products, jewelery etc. Ricardo is grateful for his first loan with KIva through MiCrédito, as he was able to invest in his business and from the profits make improvements to his house and cover payments to legalize it. One of his future plans is to expand his business, creating a larger stand and offering more product.
Él solicita el segundo crédito para incrementar la producción de su capital, requiere comprar cosméticos, productos de limpieza, bisutería, entre otros. Ricardo está muy agradecido con el primer financiamiento de KIVA a través de MiCrédito, puesto que logró invertir en el negocio y de las ganancias logró mejorar las condiciones de su vivienda y saldar pagos de legalización. Uno de sus planes futuros es hacer crecer su negocio, establecer un puesto más grande y ofrecer más productos.
Previous Loan DetailsRicardo lives in the city of Granada. He sells a variety of products such as medicines and cosmetics. He is married and has two children, who are in primary school. He began his business with his mother, but she became ill and he had to take charge. Furthermore, ever since he was a boy, he accomp... More from Ricardo Domingo's previous loan »
Concurrent and Successive Loans
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Success!! The loan was 100% repaid