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Cuauhtemoc
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The family of Cuautemoc has been working to manufacture powdered brown sugar since their great-great-grandfather. Nevertheless, Cuauhtemoc decided to begin to work in other jobs, which did not serve him so well since he did not earn sufficient money to pay the costs of school for his two children.

That is why Cuauhtemoc decided to continue the tradition of its family and to take advantage of how well he knows how to do this work. It began with a little powdered brown sugar and seed candies to sell to his relatives and friends. Little by little he broke into selling to the small stores that there are in his area. At present they are asking him for a greater assortment which he can not always provide because he does not use machinery to make his work efficient.



That it is why Cuauhtemoc is requesting a loan of $750 that he is willing to pay back in 6 months. With this money Cuauhtemoc will be able to buy a mill and a cane cutter to be able to make his products faster and thus to give him greater stability to his micro-business. With your aid Cuauhtemoc will be able to bring up his family.

Translated from Spanish by B, Kiva Volunteer.


La familia de Cuautemoc se dedica a la elaboración de piloncillo desde tu tatarabuelo, sin embargo Cuauhtemoc decidió comenzar a trabajar en otros oficios, lo cual no le sirvió tanto puesto que no sacaba suficiente dinero para pagar los gastos de estudios de sus dos hijos es por eso que Cuauhtemoc decidió seguir la tradición de su familia y aprovechar lo bien que sabe realizar su trabajo. Comenzó con un poco de piloncillo y dulces de semillas para vender entre sus familiares y amigos, y poco a poco se fue abriendo camino entre las tiendas pequeñas que hay en su localidad. Actualmente le están pidiendo mayor surtido el cual no puede en ocasiones cumplir porque no cuenta con maquinaria para eficientar su trabajo.



Es por eso que Cuauhtemoc está solicitando un crédito de US $750 que está dispuesto a pagarlos en un plazo de 6 meses y con este dinero Cuauhtemoc podrá comprar un molino y una cortadora de caña para poder hacer más rápido sus productos y así darle mayor estabilidad a su micro empresa. Con tu ayuda Cuauhtemoc podrá sacar adelante a su familia.

About Mexico

  • $11,249
    Average annual income
  • 7
    View loans »
    Mexico Loans Fundraising
  • $17,362,500
    Funds lent in using Kiva
  • 10.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Cuauhtemoc to buy a mill and a sugar cane cutter.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 10, 2008
Listed
Dec 27, 2007
Currency Exchange Loss:
Covered
Ended:
Jun 30, 2008