Estela is a Kubo Financiero client and this is her story.
I am Estela and I am married and have 3 children, 2 of which still live sith me. I live in my own home and I have a business selling clothing.
I have had my clothing stall, located in a street market, for 6 years. There I sell clothing for the whole family. I want this loan to invest in my business and have a greater variety of merchandise to offer.
Thanks to my business I have been able to get my children ahead. My challenge is to continue to succeed with my business and make it grow more.
Estela es clienta de Kubo Financiero y esta es su historia:
Soy Estela y soy casada, tengo 3 hijos de los cuales 2 viven aún conmigo. Vivo en casa propia y tengo mi negocio de venta de ropa.
Tengo mi puesto de ropa en un tianguis desde hace 6 años, en el cual tengo ropa para toda la familia. Quiero este préstamo para invertir en mi negocio y tener más variedad en la mercancía que ofrezco.
Gracias a mi negocio he logrado sacar a mis hijos adelante, y mi reto es poder seguir adelante con él y hacerlo crecer más.
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.