Julian is a Kubo Financiero client and this is his story:
My name is Julian, I am 35 years old and work as a systems consultant in a financial institution. I am an engineer and have graduate studies in science. I will use this loan to pay for a course in Project Management. I believe that education is the best path for improvement and financial stability.
My biggest accomplishment is owning a house and achieving a solid academic preparation. My goal is to find a better job and continue growing professionally.
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.