A loan of $1,175 helped buying merchandise for his grocery store.


Miguel Filiberto's story

Mr. Miguel Filiberto J. has had six loans with FVP which he has paid back punctually.

For the last seven years, Miguel has had his business selling groceries and his job is the main source of income for his family. He has four children for whom he wants to provide a good education for their future.

Currently his business lacks the variety of products that his customers are asking for since it would be convenient. Right now he does not have the necessary capital to invest in the growth of his business, especially since he doesn't want to risk the funds that form such a major part of his family's income. It was for this reason that he decided to ask for a loan to invest as a safer option.

His pan is to pay the loan back with the salary he earns from working as a security guard at a company.

Translated from Spanish by Kiva volunteer Catherine Coffman


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