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Felix Ruberto
With 15,900 DOP Félix would be able to buy more merchandise like a toaster and a blender in order to serve more customers in his cafetería. Félix started the “Cafetería Felito” seven years ago when he was laid off from his job.

Félix has a dual purpose for this loan, to stock his cafeteria and to create a credit history in the formal financial industry. Up until now when he needed a loan he always turned to a loan shark (informal lender).

Félix is married and has five adult children. His wife has a tapestry shop.

In the future Félix would like to have his own place where he would be able to have his cafeteria and his wife’s tapestry shop.
View original language description ↓
Con 15,900 pesos Felix podrá comprar más mercancía así como una tostadora y una licuadora para servír a más clintes en su cafetería. Félix inició la "Cafetería Felito" hace siete años, cuando fue "laid off" de su empleo.
Con este prestamo Félix tiene un doble propósito, el abastecer su cafetería y crear un historial crediticio en la industria financiera formal, ya que hasta ahora simpre que ha necesitado un préstamo ha recurrido a un "loan shark" (prestamista informal.
Félix es casado tiene 5 hijos, todos adultos.Su esposa tiene un taller de tapicería.
En el futuro a Félix le gustaría tener un local propio donde pueda tener su cafetería y el taller de tapicería de su esposa.

About Dominican Republic

  • $7,611
    Average annual income
  • 4
    View loans »
    Dominican Republic Loans Fundraising
  • $7,981,250
    Funds lent in using Kiva
  • 39.1
    Dominican Republic Pesos (DOP) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Felix Ruberto to buy merchandise and equipment for his cafeteria.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2012
Listed
Jun 26, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 30, 2013