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Jaime
Jaime has been engaged in selling used furniture for more than five years.
He is requesting a loan to invest it in starting a new activity: selling and repairing car tires. This way he will earn extra money for his family, because tire sale is more profitable.
Jaime plans on repaying the loan with the earnings he will obtain from his new activity, while with the furniture sale activity he will pay for family expenses and for the education expenses of his children.
View original language description ↓
El señor Jaime tiene ya más de cinco años dedicándose a la venta de muebles usados.
Está solicitando un préstamo para invertir en un nuevo negocio que es de venta y reparación de llanas para carro y así tendrá mayor ganancia para su familia ya que la venta de neumáticos es más productiva.
Don Jaime planea pagar el crédito con las ganancias que obtendrá con el nuevo negocio, ya que con la venta de los muebles pagara los gastos familiares y escolares de sus hijos.

About Mexico

  • $15,600
    Average annual income
  • 13
    View loans »
    Mexico Loans Fundraising
  • $18,745,125
    Funds lent in using Kiva
  • 11.6
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Jaime to invest it in starting a car tires sale activity.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2011
Listed
Jul 25, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2012