100%

funded

Total loan: $700

Mario

Ainaro, Ainaro, Timor-Leste / Retail

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A loan helped to buy additional goods to resell at his store to provide better income for his family.


Mario's story

Mario has been involved in business activities for many years now. He has a general store, which first started up with his own working capital. Running a small store is a very common activity in the zone, due to the lack of a supermarket.

Mario's store is located close by his 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.

Mario would like a loan of USD 700 through KIF, to help him improve his general store. He will use this loan to buy additional goods to stock up his store, in order to gain more customers and generate income for the loving family. As the result of the investment, he hopes to run a bigger business in the future and would like to thank all the lenders, for this opportunity.