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Irene Esperanza
My name is Irene. I am 25 years old and live with my partner in my parents house.

I started working with my grandmother 10 years ago, we used to sell candies and stationary outside an elementary school. 3 years ago, I started my own business selling roasted chicken in a rented local at the Solidaridad Market.

My biggest accomplishment is sending my daughter to school and having some financial stability.

I am calling the project RostiserĂ­a Poi-Pio and believe in providing my clients with great flavor at cheap prices. I will use the loan to buy a larger oven, that way I will be able to attend more clients and grow my business.

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
  • 14
    View loans »
    Mexico Loans Fundraising
  • $17,541,600
    Funds lent in using Kiva
  • 12.2
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Irene Esperanza buy a larger oven for her roasting chicken business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2013
Listed
May 2, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013