100%

funded

Total loan: $600

Augusto

Bazartete, Liquica, Timor-Leste / Transportation

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A loan helped to repair the borrower's motorbike and to buy a pair of tires so he can operate his business normally again.


Augusto's story

Augusto is a 47-year-old married man. He is a hardworking man with very good skills and experience riding a motorbike. He uses these skills for his motorbike transportation business (local people usually call it an ojek). This kind of business is very common in his municipality due to the very bad roads. Most customers live in a rural area which is unreachable by public transport.

Running the transportation business has made Augusto independent and helped him provide a better life for his family. He borrowed and re-payed all of his loans with a good habit of paying on time and now would like a loan of USD 600 through KIF to help improve his business. He plans to use the loan to repair his motorbike and to buy a pair of tires so that he can run his business normally again.