Funded

Total loan: $1,125
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Antonio Jose

Colombia
Fredonia, Colombia / Shoe Sales

A loan of $1,125 helped to buy an industrial machine for making shoes in order to increase production capacity to respond to orders.


Antonio Jose's story

Antonio has a workshop where he makes and repairs shoes. This business generates an income for his family; he lives with his wife and their four-year-old. Antonio used to work as a day labourer, but he got tired of the work and the bad pay, so he opened his workshop. Thanks to the good results he has obtained, Antonio has been able to capture a large customer base which has provided him with very good sales. His business has developed rapidly. Because his production capacity is currently very low compared to the market demand for his products, Antonio needs a loan in order to buy an industrial machine for making shoes; this will increase his production capacity and allow him to fill his customers' orders. This will allow Antonio to respond to all of his customers' orders, and he will therefore have more income for his household. Furthermore, Antonio hopes that this additional income will allow his family to enjoy a better quality of life, and allow his four-year-old to access a higher quality education.

Translator profile picture

Translated from Spanish by Kiva volunteer Christine Cooper



Loan details

Loan length:

26 months
Disbursed date: March 21, 2012

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: March 21, 2012