A loan of $1,200 helps to buy wooden beams and boards, wood glue, drilling machines, cutting machines and other materials to use.
Joaguim has been involved in running a furniture shop for many years already. He started his business with his own working capital. He also cultivates animals, like pigs, chickens and cows.
Joaguim is married and his wife is a housewife. Joaguim has a furniture shop by his house. He previously borrowed and repaid all of his loan and now is requesting a loan of $1,000 from KIF to add to his capital, because he wants to buy additional materials, including wooden beams, wooden boards, wood glue, drilling machines, cutting machines and other materials to use.