Trinidad is a client of Kubo Financiero, and here is her story:
"My name is Trinidad. I am 63 years old and married. I have seven children, none of whom are dependent upon me. I have been a merchant for six years. Before, I was timid about selling. However, a neighbor motivated me to try by lending me merchandise. That is how I was able to discover that, yes, I liked selling, and that I have luck when it comes to selling.
I sell my customers sheets, quilts, comforters, towels, underwear, costume jewelry, ponchos, toys, and women’s purses. I am asking for this loan in order to buy merchandise that I need to fill the orders that my customers are making. For the season I need to mainly buy underwear, leggings, socks, panties, and toys.
Thanks to the effort I put into my business, I have managed to expand and improve my house, expand my business, and enjoy financial stability and peace of mind."
Trinidad es clienta de Kubo Financiero y esta es su historia:
Me llamo Trinidad, tengo 63 años, soy casada y tengo 7 hijos; de los cuales ya ninguno depende mí. Me dedico al comercio desde hace 6 años, antes me daba pena vender pero una vecina me impulso a intentar prestándome mercancía. Así pude descubrir que sí me gustaba el comercio y tengo suerte para vender.
A mis clientes les vendo sábanas, edredones, colchas, toallas, ropa interior, bisutería, mayones, juguetes y bolsas para dama. Pido este préstamo para comprar mercancía que necesito para cumplir lo que me están pidiendo mis clientes; por la época, necesito comprar principalmente ropa interior, calcetas, calcetines, pantaletas y juguetes.
Gracias al esfuerzo que pongo en mi negocio he logrado ampliar y mejorar mi casa, ampliar mi negocio y gozar de una estabilidad y tranquilidad económica.
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.