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Néstor
Three years ago, Nestor saved up to open his own shop. He has always enjoyed selling but has found managing his business challenging. He used to do his accounting with pen and paper and found it difficult to control his inventory and know how much he was making. He purchased aTiendatek because he thinks it can help alleviate that part of his work so that he can concentrate on improving his services, getting more customers, and making more sales. He hopes it will also allow him to spend more time with his four children and enjoying his favorite past-times.

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
  • 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 $200 helped Néstor to pay for a Tiendatek device to better manage his store.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2012
Listed
Jan 8, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014