Funded

Total loan: $575
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Alfred


A loan of $575 helped to increase his supply of cases of bottled drinks.


Alfred's story

Alfred is the 46-year-old single father of an eight-year-old child who attends school. He opened his own bar 13 years ago, and continues to run it in a quarter of the capitol. His business functions well due to Alfred's warm manner and his experience, both of which have enabled him to gain a large clientele.

However, the significant growth of his customer base means that it has become difficult for him to meet demand. This is due to a lack of capital, which has lead to his request for a loan. This loan will allow Alfred to increase the number of cases of bottled drinks he keeps in stock, which will help him not only to satisfy the demand of his customers but also to increase his sales and income. He will reinvest a portion of his income into his business, and the rest he will use to meet the daily needs of his family.

Translated from French by Kiva volunteer Jane Coe



Loan details

Loan length:

15 months
Disbursed date: September 3, 2012

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: September 3, 2012