Total loan: $1,300
Bazartete, Liquica, Timor-Leste / Retail
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A loan helped to buy more goods to resell at her store.
Monica has been involved in business activities for many years now. She has a general store that she started with her own working capital. Running a small store is a very common activity in the zone, due to the lack of supermarkets. Monica's store is located in a local market and is considered to be a very good spot to do business because lots of customers live nearby and there are only a few competitors in the area.Monica previously borrowed and repaid a loan on time and now she is asking for another loan of $1,300 through KIF to help her improve her store. She will use this loan to buy additional goods to stock her store in order to gain more customers and generate income for her loving family.As a result of the investment, she hopes to run a bigger business in the future.Monica would like to thank all the lenders for this opportunity.It is a second loan and a first loan is already paid.