100%

funded

Total loan: $500

Filomena

Ainaro, Ainaro, Timor-Leste / Retail

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A loan helped helps to purchase more stock of groceries to resell, in order to generate good income for her family.


Filomena's story

Filomena has been involved in business activities since 2012. She has a general store, which she first started up with her own working capital. Running a small store is a very common activity in the zone, due to the lack of a supermarket.

Filomena's store is located close by her house. It is considered to be a very good spot to do this kind of business, because lots of customers live nearby and there are only a few competitors in the area.

She would like a loan of $500 through KIF, to help her improve her general store. She will use this loan to buy additional goods to stock up her store, in order to gain more customers and generate income for her loving family. As the result of the investment, she hopes to run a bigger business in the future. She would like to thank all the lenders for this opportunity.