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Carmen
Carmen wanted to run her own store so she could be her own boss, but also because she considers being a shopkeeper to be an honorable profession. She has four children – aged 15, 6, 2 and 14 months – and her family has always worked in sales of some kind.

According to Carmen, the most difficult part of running a small store is the administration. Before purchasing Tiendatek, Carmen would try to estimate her sales and profits using a notebook and a calculator but found it to be impossible given the number of different products in her inventory and her sales volume. Today, thanks to Tiendatek, she knows everything about her business and feels much more in control. She has also noticed that her clients trust her more now that she uses technology to register sales. Carmen plans to invest more money in her store soon so she can continue to increase her sales and profits.

Additional Information

More information about this loan

Frogtek is a for-profit social venture that makes Tiendatek, a software and hardware package for micro-entrepreneurs in emerging markets to better manage their finances, inventories and records. The software helps borrowers by showing them how to trim expenses, stock the right inventory and maximize profits. Kiva loans are used to help borrowers finance the purchase of the hardware to run Frogtek software. In this way, Kiva is providing access to the tools people need to grow their businesses and lift themselves and their families out of poverty. Shopkeepers make their first payment when they receive Tiendatek. The Kiva loan finances the cost of the hardware.

About Mexico

  • $11,249
    Average annual income
  • 6
    View loans »
    Mexico Loans Fundraising
  • $17,362,500
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Carmen to manage her inventory and sales volume using Tiendatek.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 5, 2012
Listed
Dec 3, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 14, 2013