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Mayra Fabiola
My name is Mayra. I am 23 years old and live with my parents in Iztapalapa, Mexico. I started my gift shop when I was 17 years old with a Mx$5000 investment outside my parents home. Through hard work, I have been able to grow my business and now I sell both retail and wholesale.

I will use the loan to buy more merchandise and increase my sales. I try to provide my clients with good quality products at reasonable prices.

Additional Information

About Kubo.financiero

Kubo.financiero is a regulated microfinance institution that provides accessible and affordable loans to borrowers in Mexico. Its online banking platform and other innovations enable Kubo to charge interest rates that are much lower than the average for MFIs in Mexico. By doing business in a new way -- leveraging technology and customized risk profiles -- the organization is able to support microfinance clients throughout the country. With funds from Kiva lenders, Kubo is able to expand its lending network even further, reach riskier clients who have less credit history, decrease interest rates for borrowers, and scale its service area.

About Mexico

  • $11,249
    Average annual income
  • 4
    View loans »
    Mexico Loans Fundraising
  • $17,308,100
    Funds lent in using Kiva
  • 12.2
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Mayra Fabiola to buy more merchandise for her retail store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2013
Listed
May 2, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013