100%

funded

Total loan: $1,200

Oscar

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

Oscar'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 his store, in order to gain more customers and generate income for his loving family.


Oscar's story

Oscar is 42 years old and married with four children. He has been involved in business activities since 2017. Previously, he took a loan to improve his small food stall business. Now his business has grown, and he already has a general store, which he 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. Oscar'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.

Oscar previously borrowed and repaid all of his loan. Now he would like a loan of $1,200 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. He would like to thank all the lenders for this opportunity.