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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
  • 14
    View loans »
    Mexico Loans Fundraising
  • $17,541,600
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD
Refunded
A loan of $200 helped this borrower to pay for a Tiendatek device to better manage his store.
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2012
Listed
Jan 8, 2013
Currency Exchange Loss:
Possible
Refunded:
Jun 25, 2013