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Marcelo
Marcelo for many years was working at a meat store, but he had to quit from this activity for health reasons. He always had to stay in very cold rooms and he was sick almost once a month. While he recovered, he was thinking about how he could provide for his family and a friend invited him to a fishing practice. He did not have any resources to practice this sport, so he started to manufacture his own nets. First he learned to fish and when he saw that his work was excellent and much stronger, his friends began to become interested and they wanted to buy from him. Through this, he found that he could do it as a business. At this moment he has 8 years of experience in this business and he sells his products to both friends, and also any sports stores that are interested in buying from him. Marcelo is requesting a loan of US$ 275 because the shrimp season is coming up and he needs to be prepared with enough merchandise.



** This text has been translated from the following original business description.



Marcelo mucho tiempo trabajo en el área de carnicería, tuvo que retirarse de esta actividad pues su salud se vio afectada por el contacto directo de los cuartos fríos, se enfermaba constantemente. Mientras se recuperaba y pensaba como poder sacar adelante a su familia, un amigo lo invito a practicar la pesca deportiva. Escaso de recursos para poder practicar comenzó a elaborar sus propias redes, primero para poder pescar. Al ver lo bien hechas y resistentes que le quedaban, sus amigos comenzaron a encargarle redes, fue así como decidió que ese podría ser su negocio. Cuenta ya con 8 años de experiencia en este ramo y además de venderlo a particulares también ofrece su mercancía en las tiendas de deportes. A la fecha el Sr. Marcelo necesita invertir en cordel y avios para fabricar las redes por lo que esta solicitando un crédito por la cantidad de US$275 a 4 meses, pues se avecina la temporada de pesca de camarón y necesita estas preparado con mercancía suficiente.

About Mexico

  • $15,600
    Average annual income
  • 19
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $275 helped Marcelo purchase raw materials.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 11, 2006
Listed
Oct 26, 2006
Currency Exchange Loss:
N/A
Ended:
Mar 20, 2007