Funded

Total loan: $850
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Henry

Colombia
Marinilla, Colombia / Shoe Sales

A loan of $850 helped to buy shoes.


Henry's story

Henry is person known by his family and neighbors as being very hardworking and devoted to his family’s and other people’s wellbeing. He’s 40 years old, married and the father of two children who are 2 and 9 years old and who are his motivation to work hard every day.

Henry used to work as an employee in a firm but one day made the decision to go into business for himself because the job didn’t pay very well and he didn’t earn enough income to support his family. Henry started his shoe selling business with very little capital but thanks to the loans he’s been granted he’s been able to improve his business stocking it with a wider variety of products and attracting a larger clientele. Since then, Henry has been able to improve his firm considerably and he currently has more customers than he can tend to.

Because of this, henry wants to buy a still wider selection of shoes but lacks sufficient capital to buy this merchandise so he’s placed his hope on a loan that will allow him to buy merchandise to stock his shoe store and have larger amounts to offer his customers.

Henry hopes that his income will increase considerably this way because he will be able to take care of more customers than he’s been able to to date. Henry’s dream is that his business generates great income so that he can provide a better education and economic stability in future.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz



Loan details

Loan length:

14 months
Disbursed date: January 20, 2012

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: January 20, 2012