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Ramiro Martín
Ramiro has been making piñatas (artisanal figures) to sell for over ten years now. He is asking for a loan because he needs more raw materials to make them. He needs to buy reeds, newspaper, glue and colored paper to decorate the piñatas but does not have the necessary money and he does not want to decapitalize the business. He plans to repay the loan with part of the profits obtained from the business since Ramiro and his wife work making the piñatas and that’s their family’s source of income.
View original language description ↓
El señor Ramiro tiene ya mas de diez años dedicándose a la elaboración y ventas de piñatas (figura artesanal).
Esta solicitando un préstamo le está haciendo falta mas materia prima para la elaboración y necesita comprar, carrizo, papel periódico, pagamentoo y papel de colores para decorar las piñatas, ya que no cuenta con el dinero necesario para invertir y no quiere descapitalizar el negocio.
Planea pagar el crédito con una parte de las ganancias que obtiene del negocio ya que Don Ramiro y su esposo, trabaja elaborando las piñatas, y el ingreso que tiene para su familia.

About Mexico

  • $11,249
    Average annual income
  • 12
    View loans »
    Mexico Loans Fundraising
  • $17,541,650
    Funds lent in using Kiva
  • 11.7
    Mexico Pesos (MXN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $825 helped Ramiro Martín to buy raw materials.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 25, 2011
Listed
Jul 25, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012