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Pedro
Pedro started his business 20 years ago because he needed extra incomes due in his preview job where he was working as an employee, he received a very low salary and this income was not enough to support his family expenses, which is composed by two sons and his wife. Thinking the way to obtain extra incomes to support his family and give them a better quality of life, he saw that having your own business could be better that work for another person and he decided to start his own business and also he saw the opportunity in the sales clothes business.


In his business he has the support of his wife and one of his sons and little by little his business was growing so he has to hire a one more people to help him, he feels very happy for his success and he wants continue growing in his business for this reason he is requesting for a loan of USD $1,200 to purchase merchandise, like winter season clothes because he learned that selling season clothes his sales increases, Pedro offers to repay the loan in a term of 6 months.



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


Pedro inició su negocio hace 20 años ya que necesitaba un ingreso extra por que en su trabajo anterior en el que trabajaba como empleado, recibía un sueldo muy bajo y no le alcanzaba para darle sustento a su familia que esta conformada por dos hijos y su esposa. Pensando en la forma de cómo obtener los ingresos necesarios para poder darle una mejor calidad de vida a su familia, se dio cuenta de que un negocio propio podría serle mas redituable y se decidió a abrir su propio negocio viendo en aquel entonces con perspectivas a futuro que el negocio de venta de ropa era muy bueno, decidió entrar en el.


En el negocio le ayuda su esposa y uno de sus hijos, y poco a poco con el tiempo su negocio fue creciendo y tuvo que contratar a una persona más para que le ayude y se siente muy contento de cómo ha podido crecer en el negocio y desea continuar mejorando en el mismo, por ello Pedro requiere de un préstamo de USD $.1,200 para comprar ropa de temporada de invierno ya que en este negocio las buenas ventas son cuando se vende por temporada, así mismo Pedro ofrece pagar el préstamo en un plazo de 6 meses.

About Mexico

  • $15,600
    Average annual income
  • 15
    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 $1,200 helped Pedro purchase merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 30, 2006
Listed
Dec 4, 2006
Currency Exchange Loss:
N/A
Ended:
Jun 18, 2007