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100%

funded

Total loan: $700

Fernando

Flag of Timor-Leste
Aileu, Aileu, Timor-Leste / Retail

Fernando's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to buy additional goods to stock up his store in order to gain more customers and generate income for his loving family.


Fernando's story

Fernando has been involved in business activities since 2017. He has a general store, which first started up with his own working capital of $200. Running a small store is a very common activity in the zone, due to the lack of a supermarket.

Fernando's store is located close to 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.

Fernando would like a loan of $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 his 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.