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Alfredo
Alfredo has had three loans with Kiva already. They have been to invest in his business and he has repaid them punctually. He's requesting a loan to buy merchandise because he needs a greater variety of products, which his customers are ordering.

Alfredo is from the state of Coahuila but has lived in the city of Nuevo Laredo for more than 50 years. He has made a living in grocery sales for 10 years. He and his wife tend the store because it's his source of income for them. This is why he's requesting the loan and investing in his business. With the profits he'll pay back the loan, because his children help him financially and that income is for the family expenses.
View original language description ↓
El señor Alfredo ya ha tenido tres créditos con KIVA el cual a pagado puntualmente y han sido para inversión en su negocio.
Esta solicitando un préstamo para invertir en comprar de mercancía ya que le esta haciendo falta mas variedad de productos y sus clientes le están solicitando esta variedad.
El señor Alfredo es originario del Estado de Coahuila y tiene ya mas de 50 años radicando en la ciudad de Nuevo Laredo. Y 10 años dedicándose a las ventas de abarrotes, entre su esposa y el señor Alfredo son los que atiende el negocio ya que es la fuente de ingreso que tiene para ellos. Es por eso que esta solicitando el préstamo e invertir en su negocio, con las ganancias que obtiene será para pagar el crédito ya que sus hijos le ayudan económicamente y con ese ingreso es para los gastos familiares.

About Mexico

  • $11,249
    Average annual income
  • 5
    View loans »
    Mexico Loans Fundraising
  • $17,302,825
    Funds lent in using Kiva
  • 12.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Alfredo to buy merchandise for his grocery store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2012
Listed
Dec 5, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 3, 2014