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In this Group: Anibal
At the age of 63, Anibal has just as much, or maybe more, energy than the young people that typically work in his line of business. He runs a decorative painting, paper hanging, and ceramic tile installation operation. He began work in this industry twenty years ago, working for various construction companies and landlords. In 1998, after 10 years of working for others, he set off on his own and has built a steady business for himself.

Today, Anibal’s business provides an income and enables him to enjoy time with his wife, three children and two grandchildren. His business has steadily grown with the help of four loans from ACCION USA. His most recent loan was used to purchase a tile cutter and a small scaffold.

Anibal began his business with very little, but through his honesty and hard work, he has built a great reputation and sustainable business. Anibal has decided that he will retire in the next three years and is meanwhile working hard to fulfill his goal.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About United States

  • $47,000
    Average annual income
  • 36
    View loans »
    United States Loans Fundraising
  • $11,835,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A portion of Anibal's Group's $4,575 loan helped a member tile cutter and and small scafflold.
100% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2009
Listed
Jun 10, 2009
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2010