Expired

Total loan: $5,200
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Luis Octavio

Colombia
Bello, Colombia / Phone Accessories

A loan of $5,200 helped to buy fixed assets (windows and display cases), merchandise (screen protectors, headphones, batteries, cell phone equipment) and make improvements to his stand (paint the walls).


Luis Octavio's story

Luis, who is 29 years old, has worked as a salesperson in different stores that sell cell phones and accessories since he was very young. Here, he gained experience and knowledge in the management of this type of business. He also obtained the resources necessary to pay for his basic needs and contribute to his family.

With the goal of increasing his income and managing his own time, Luis would like to become independent and open his own business selling cell phone equipment and accessories. He is already leasing a location, but he needs the support of a this loan, which he requests so that he can buy fixed assets (windows and display cases), merchandise (screen protectors, headphones, batteries, cell phone equipment) and make improvements to his stand (paint the walls). This way, he will be able to start his business, give it a pleasant appearance, and offer a great variety of merchandise. He will also be able to provide service and repairs of cell phones. All of this will generate resources so that he will be able to continue to progress.

Luis dreams of growing his business and converting it into a distributor that will generate jobs. He knows that, to achieve this, he will need to work with care and great dedication. In this way, he will create a successful future that will give him the ability to improve his and his family's quality of life.

Translator profile picture

Translated from Spanish by Kiva volunteer Meghan Rishel



Loan details

Loan length:

26 months
Disbursed date: August 2, 2013
Expired: October 3, 2013

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: August 2, 2013
Expired: October 3, 2013