Total loan: $600


Lospalos, Lautem, Timor-Leste / Food

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A loan helped to buy more fish from local fishermen to then resell to help his family's income.

Humberto's story

Humberto is a fishmonger living in Lospalos Municipality. Most of his daily income comes from selling the fish which he buys from fishermen. He has been doing this business for many years with his own working capital. Humberto is busy working at this business every day in order to earn enough money to support his family's everyday needs.

He requested a loan in the amount of $600 USD through KIF to improve and expand his business. He will use the loan funds to buy more fish from fishermen in order to resell and generate good income for his family.

As a result of this investment Humberto hopes to run a bigger business in the future.