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Luis
Don Luis lives in the neighborhood community of Las Peñas belonging to the municipality of Oro, Mexico. He is not from here, but rather from the capital district, and has lived in this community a year and a half. Don Luis knows how to repair automobile shocks. He has 30 years of experience devoting himself to reconstructing car parts so they may have a second life. Currently he only repairs shock absorbers, and he applied for the loan in order to buy old shocks and repair them so he may continue selling them. The greatest difficulty he has is being able to obtain credit for his business. It is a small shop with enough space to be able to work comfortably. Don Luis mentions that he frequently sees used shock absorbers in good enough shape so they may continue to be used. His other difficulty is that people don't trust that the shocks are any good, which is also why sales are a little low.

Don Luis's goals are to be able to continue working since one cannot aspire to do more. The community where he lives does not have money for extras. If he were in the city he would think about opening another business because of all the people and cars, but where he is, the people think first about eating and then about fixing a car. Mr. Luis has two dependents and has been in a committed relationship for nine years. He lives in his own home and his wife is a housewife. He is 57 years of age and plans to continue on in his business.
View original language description ↓
Don Luis vive en la comunidad de Barrio las peñas, pertenece al municipio de el Oro, México, el señor no es de aqui, tiene año y medio viviendo en la comunidad ya que el es proveniente del Distrito Federal, don Luis sabe reparar amortiguadores de los carros, tiene como 30 años dedicandose a recosntruir piezas de coches para que puedan tener una segunda vida, actualmente solo repara amortiguadores y solicito el credito para poder comprar amortiguadores viejos y repararlos para poder seguir vendiendolos, las dificultad mas dificil por la que paso es poder acreditar su negocio, es un local pequeño con el espacio suficiente para poder trabajar tranquilamente, Don Luis menciona que muchas veces ve que los amortiguadores usados quedan en buen estado para seguir usandolos y su otra dificultad es que la gente no confia en que les pueda servir, tambien es por eso que las ventas estan un poco bajas, las metas de don Luis son poder seguir trabajando ya que no se puede aspirar a mas, en la comunidad donde esta no hay para mas, si estubiera en la ciudad si pensaria en abrir otro negocio por tanta gente y autos pero en donde esta la gente primero piensa en comer y despues en arreglar un carro. el señor Luis tiene 2 dependientes, vive en union libre desde hace 9 años, vive en casa propia y su esposa es ama de casa, el señor tiene 57 años de edad y piensa en seguir con su negocio.

About Mexico

  • $15,600
    Average annual income
  • 20
    View loans »
    Mexico Loans Fundraising
  • $19,049,100
    Funds lent in using Kiva
  • 11.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Luis to sell reconditioned shock absorbers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2011
Listed
Aug 10, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011