Funded

Total loan: $500
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Tiburcio


A loan of $500 helped purchase of shoes wholesale for resale.


Tiburcio's story

Tiburcio is 56 years old and is separated (he has not procured his divorce). He has five children none of whom depend on him economically as they all work and pay for their expenses. Tiburcio is very active and dedicates himself to painting and making banners or metal signs. He is requesting this loan to purchase shoes wholesale to that he can sell them in the neighborhoods of C.D.E. He wants to start a business in commerce because he has extra time as his profession only provides work half-time because there is not much demand. Selling shoes will allow him to generate the majority of his income as his other business has fallen much. Once his income increases he will start replacing his tools as they are very old and in some cases obsolete.

Translator profile picture

Translated from Spanish by Kiva volunteer Cindy Manzo



Loan details

Loan length:

13 months
Disbursed date: November 21, 2008
Facilitated by Field Partner: Fundación Paraguaya

Lenders and lending teams



Loan details

Loan length:

13 months
Disbursed date: November 21, 2008
Facilitated by Field Partner: Fundación Paraguaya