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Porfirio
Porfirio has been in business selling groceries out of his home for ten years. He is requesting a loan to expand the store since customers are requesting more variety of products, such as vegetables, fruit, meat, dairy products and school supplies. He needs the loan because he does not want to decapitalize business income.

Porfirio lives with his wife and son who help out in the store. He plans to pay back the loan with the earnings from the store. He also has a prension and his son's income from his electrician work to pay for household expenses.

He wants to imrpove his business and stock a wider variety of products so his customers will stay loyal.
View original language description ↓
El señor Porfirio tiene ya más de diez años con su negocio de venta de abarrotes ubicado en su domicilio.
Esta solicitando un préstamo para ampliar el espacio de su negocio ya que sus clientes le están solicitando más variedad de productos, que es verduras, frutas, carnes, lactaos y productos de papelería escolar. Solicita el crédito ya que no quiere descapitalizar el ingreso del negocio.
El señor Porfirio vive con su esposo y un hijo quienes le ayudan a tender la tienda, con las ganancias que obtiene de su negocio pagara el crédito. Ya que cuenta también con una pensión y con el ingreso de su hijo de sus trabajos como electricista serán para los gastos familiares.
Desea mejorar su negocio y tener más variedad de productos y que sus clientes le puedan seguir comprando.

About Mexico

  • $11,249
    Average annual income
  • 8
    View loans »
    Mexico Loans Fundraising
  • $17,731,700
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Porfirio to expand his store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2012
Listed
Oct 8, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013