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Simón
Simon's business lacks the basic materials he needs to manufacture the wooden furniture he makes.
He is applying for a loan to buy materials like wood, nails, glue and paint. Don Simon doesn't have enough money to buy the materials he needs to buy the materials and he doesn't want to decapitalize the business because it is the main source of income for his family.
He wants to invest in the business because he has outstanding orders and can't fill them.
View original language description ↓
Al negocio del señor Simón le está haciendo falta material para trabajar en la elaboración de muebles de madera.
Solicita un préstamo para comprar, el material que es madera, clavos, pegamento y pintura para madera. Don Simón no cuenta con el dinero necesario para la inversión y no quiere descapitalizar el ingreso del negocio ya que es la fuente de ingreso de su familia.
Desea invertir en el negocio ya que tiene varios pedidos de entrega de muebles y no a podido terminarlos.

About Mexico

  • $15,600
    Average annual income
  • 19
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 11.6
    Mexico Pesos (MXN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $950 helped Simón to buy supplies for his carpentry business.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2011
Listed
Aug 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012