Kevin josue Tocto herrera

Loja, Ecuador

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34129

Kevin josue needed £1560.28 for his business.

Amount Requested

Amount requested:

£1560.28

Repayment term

Repayment term:

14 Months

Activity type

Activity type:

Shop

MFI Partner

MFI partner:

FACES

Don Kevin Tocto is a 20-year-old entrepreneur who has been running his own video shop for 3 years or so. He lives in the quiet city of Loja in southern Ecuador. He is also studying at the university. His business started with his own savings and a loan from his aunt. When he started, there was little merchandise and the money he earned was not enough even to cover his basic expenses. Nowadays, his business has grown considerably. He has added some other items such as garments, bazaar products, and collection pieces as well as some technological, audio, and video products, making the store a nice shopping place for his clients. The main difficulty he faces is that has not been able to find someone he can trust to help him in his business, so sometimes, he has to close his shop to meet his academic obligations. His income is $2,580, leaving him an approximate monthly profit of $604. Don Kevin requested this $2,000 loan to buy video games on wholesale.

loan added: 05 April 2018

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Kevin josue's loan Repayment schedule

Date Expected repayments Actual repayments
April 2018 £141.84 --
May 2018 £101.32 --
June 2018 £101.32 --
July 2018 £101.32 --
August 2018 £101.32 --
September 2018 £101.32 --


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