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Francisco Emigdio
View original language description ↓
Francisco began his business after working for several companies. He found that the schedules that these firms demanded were so time consuming that they didn't allow him to do anything outside of work. Instead, Francisco decided to start his own business, and one that would allow time for him to study and spend time with his family. He began in 1998 when a friend invited him to work selling water coolers. Later Francisco decided to start an independent business, which was very successful. He was able to buy his own truck to distribute the jugs of water to individual homes.


Francisco needs a loan of $800, which he'll pay back in 6 months. He'll use the loan to buy jugs of water so that he can expand his route. The weather has been very warm and people have been consuming more water than usual.


Translated from Spanish by Sarah Bishop, Kiva Volunteer.




Francisco inició el negocio despues de trabajar en varias empresas pero los horarios de trabajo eran muy absorbentes y no le permitían realizar otras actividades, fue entonces que decidío iniciar un negocio que le permitiera tener tiempo para estudiar y atender a su familia.
Comenzó en el año de 1998 cuando un amigo lo invitó a que se asociáran en el negocio de venta de agua en garrafones pero después, decidió seguir por su cuenta y le fue muy bien ya que pudo comprar su propia camioneta para repartir los garrafones casa por casa.


El necesita un prestamo por US $800 que pagara en 6 meses para comprar más garrafones de agua que le permitirán expandir su ruta de trabajo, sobre todo en este tiempo de mucho calor que la gente consume mucho mas agua que lo normal.

About Mexico

  • $11,249
    Average annual income
  • 27
    View loans »
    Mexico Loans Fundraising
  • $18,610,225
    Funds lent in using Kiva
  • 10.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Francisco Emigdio buy water jugs.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 12, 2008
Listed
Aug 28, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009