100%

funded

Total loan: $1,000

Madalena

Flag of Timor-Leste
Same, Manufahi, Timor-Leste / Retail

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


A loan helped to buy more goods for her small kiosk and generate more income for her beloved family.


Madalena's story

Madalena has been involved in business activities since 2012. She has a general store, which she first started up with her own working capital. Running a small store is a very common activity in the zone, due to the lack of a supermarket. Madalena's store is located close by her 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.

She was previously borrowed and repaid all of her loan and now would like a loan of $1,000 through KIF, to help her improve her general store. She will use this loan to buy additional goods for 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. She would like to thank all the lenders for this opportunity.