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Luis Manuel
Luis Manuel is 33 years old. He is a single father with two children. One of his children is 15 years old and in his last year of junior high school. Next year he will start high school. His youngest son is 7 years old and in the second year of elementary school.

Luis Manuel tells us that he has a cardboard-making business. It is a family business. He tells us that his father was the one who started the business 11 years ago.

Luis Manuel has requested this loan to buy raw materials such as card, newspaper and all kinds of paper (toilet paper, notebook paper, books, etc.) He buys this type of material for making sheets of cardboard. The manufacturing process is simple: all the raw material is ground to make a paper pulp which is then put out to dry in the sun. One of the challenges that he has frequently faced is that if the sun doesn't come out it is very difficult to dry the pulp. This often happens when it rains and it means that he loses a lot of profit. However, Luis Manuel is a very hard-working person and he never lets himself become discouraged when faced with this situation.

Luis Manuel hopes that his business will grow so that he no longer has to request loans although he tells us "I am grateful for the help that FRAC and Kiva give me because it has been a great help. Above all, I am grateful for the trust that is being placed in me when they loan me money".
View original language description ↓
El señor Luis Manuel tiene 33 años de edad, es padre soltero tiene dos hijos uno de sus hijos cuenta con 15 años de edad el cual estudia la secundaria se encuentra en el ultimo año, para que en el proximo ciclo escolar pase a preparatoria, el mas pequeño tiene 7 años de edad este esta estudiando el segundo año de primaria.
El señor nos comenta que tiene un negocio de fabricacion de laminas, es un negocio en donde los integrantes son familiares.Ademas comenta que que el negocio lo inicio su padre, hace ya 11 años, esta vez ha solicitado el pretamo para comprar materia prima como, carton, periodico, papel de todos los tipos hijienico, de libretas, libros etc. El compran este tipo de material para fabricar laminas de carton, la elaboracion es sencilla ya que se muele toda la materia prima hasta obtener una pulpa de papel, despues se pone a secar al sol, es uno de los desafios que frecuentemente ha tenido ya que si sale el sol es muy dificil que pueda secarse, esto pasa frecuentemente cuando llueve, lo que causa una gran perdida en sus ganancias, porque la lamina obtenida ya como producto la vende, sin embargo es una persona muy trabajadora y nunca se desanima ente esta situacion.
Las ezperanzas que tiene don Luis Manuel es que el negocio cresca para ya no pedir creditos aunque comenta, "Agradesco la ayuda que Frac y Kiva me otorgan ya que ha sidi de gran ayuda y antetodo agradesco la confianza que deposistn en mi para prestarme el dinero".

About Mexico

  • $11,249
    Average annual income
  • 30
    View loans »
    Mexico Loans Fundraising
  • $18,350,050
    Funds lent in using Kiva
  • 12.4
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Luis Manuel to buy raw materials such as newspaper, card and paper.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 17, 2011
Listed
Sep 7, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012