A loan helped to buy tires and tools.

Miguel Alfonso's story

Alfonso is 58 years old, is married and lives with his family in the town of Cofradía, Cortes. He has ten years' experience in repairing and selling used tires. He provides this service to his customers on the same land as his house. He has very good customers for whom he wishes to expand his inventory to have more stock for the business so he is requesting his fifth loan with the institution for 6,000 Lempiras to buy tools and different number tires. With this investment, he hopes to give better service to his customers. His dream is to have a good shop for his business and to generate better income to cover his home expenses.

Translated from Spanish by Kiva volunteer Kate Divjak.

This loan is special because:

It is accompanied by financial education and provides borrowers access to a savings account.

Loan details

Lenders and lending teams

Loan details