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Anselmo lost his job due to personnel downsizing. This caused him sadness and he was desperate to find a new job. Time went by and Anselmo still didn't find work. Therefore, he decided to start his own business with the little savings he had left. He started selling groceries. However, he couldn't handle that kind of business administration. Therefore, he started selling quilts, towels, sheets and products like that. People need these kind of products and they don't have an expiration date. He's been keeping this business running for two years and little by little has been gaining clients.

Nonetheless, these same clients have been demanding product novelties and have been making some requests that he has not been able to supply due to lack of capital. Therefore, he is requesting a US $925 loan and he is sure he'll be able to repay it in six months. With your help Anselmo could move this business and his family forward.

Translated from Spanish by Yael Schwartzman, Kiva Volunteer.

Anselmo, perdió su trabajo, en un recorte de personal, lo que lo llevó a la tristeza, y desesperación por encontrar un nuevo trabajo. Pasó el tiempo y Anselmo no encontraba trabajo, por lo que decidió comenzar a realizar su negocio, y con los pocos ahorros que le quedaban, empezó por vender abarrotes, pero no pudo con la administración de este tipo de negocios y decidió cambiar de giro, a la venta de colchas, toallas, sábanas y cosas por el estilo, puesto que mucha gente requiere estos productos y no tienen fecha de caudcidad. Hace 2 años que mantiene funcionando este negocio y poco a poco a ido ganando clientes.

Sin embargo, los mismos clientes son los que le están exigiendo novedades en sus productos, y ya le han hecho varios pedidos que desgraciadamente, no a podido surtir por falta de dinero, por lo tanto está solicitando un crédito de US $925 y está seguro que este dinero lo podrá pagar en un plazo de 6 meses.Con tu ayuda Anselmo podrá sacar adelante este negocio y a su familia.

About Mexico

  • $15,600
    Average annual income
  • 17
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 10.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Anselmio purchase products to sell.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Dec 6, 2007
Nov 20, 2007
Currency Exchange Loss:
May 23, 2008