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Jose
"My intention is to increase the revenue of my small business to take care of my family," were the words of José upon requesting the loan.

José was born in the city of Matehuala, in the state of San Luís Potosí, in Mexico. At 18 years old, he left his parents to emigrate to Monterrey, Nuevo León, in search of a better future. He arrived in the city to live with some relatives who helped him to get his first job on a farm where he worked as a farmhand for four years. After that, he got a new job as a electrician's assistant, which he did for another four years. During that time, he met Juana María, with whom he got married and had two children. With great effort and the help of his wife, he was able to build their modest little house where they currently live quite humbly.

Time passed, and José realized that his family's needs were greater all the time, so he decided to rent a lot and establish a small business buying and selling used auto parts. However, he has been lacking the business development capital that would enable him to acquire inventory and increase his revenue. So José went looking for an alternative to take out a loan that could help him; he found Credituyo, to whom he feels very grateful for granting him this opportunity.
View original language description ↓
Mi propósito es incrementar los ingresos de mi pequeño negocio para sacar adelante a mi familia", fueron las palabras de José al momento de solicitar el crédito.

El Sr. José nació en la ciudad de Matehuala, en el estado de San Luís Potosí, México. A los 18 años dejó a sus padres para emigrar a Monterrey, Nuevo León, buscando un mejor porvenir. Llegó a la ciudad a vivir con unos tíos, quienes le ayudaron a conseguir su primer trabajo en una granja, donde estuvo laborando durante 4 años como Ayudante. Después de esto, consiguió un nuevo empleo como Ayudante Eléctrico, donde estuvo trabajando por otros 4 años y en ese lapso conoció a Juana Maria con quien contrajo matrimonio y quienes procrearon 2 hijos. Con esfuerzo y la ayuda de su esposa, pudo construir su humilde casita donde actualmente viven con mucha humildad.

Pasó el tiempo y José se dio cuenta que cada vez eran mayores las necesidades de su familia por lo que decidió rentar un terreno y estableció un pequeño negocio, compra-venta de refacciones usadas para automóviles, pero le ha faltado capital para desarrollar el negocio que pueda adquirir inventario y obtener mayores ingresos. Entonces José buscó alguna alternativa para conseguir un crédito que le pudiera ayudar y se encontró con Credituyo, con quienes se siente muy agradecido por otorgarle esa oportunidad.

About Mexico

  • $11,249
    Average annual income
  • 24
    View loans »
    Mexico Loans Fundraising
  • $18,670,800
    Funds lent in using Kiva
  • 12.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Jose to purchase inventory for his used auto parts business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2013
Listed
Apr 17, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 9, 2014