100%

funded

Total loan: $1,000

Augusto

Flag of Timor-Leste
Colmera, Dili, Timor-Leste / Retail

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


A loan helped to buy milk, eggs, sugar, rice, coffee, biscuits, salt and candles.


Augusto's story

Augusto has been involved in business activities for many years now. He has a general store, which first started up with his own working capital. Running a small store is a very common activity in the zone, due to the lack of a supermarket.

Augusto'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.

Augusto would like to borrow $1000 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.