A loan of $625 helped to increase his stock of basic products.

Cyrille's story

Cyrille is a 32-year old man, who is a bachelor and father to a 10-year old child. He opened a grocery store in one of the capital's districts, which he has been managing for five years now. His small business works well thanks to the warm welcome he gives to his customers, his experience in this field and the customer base which he has built up over the years. The latter is becoming so significant now that he cannot meet customer demand because his capital is too small and he is obliged to buy his products on a retail basis. He is requesting this loan to increase his capital and diversify the goods he buys and sells (rice, salt, mineral water, cartons of sugar, candy,...) so that he can increase his profit margin. He will reinvest part of his profit in his business to cover its needs, and the remainder will allow him to provide for his daily needs as well as those of his family.

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Translated from French by Kiva volunteer Alison Le Bras

Loan details

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