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Susana
Susana is a micro-entrepreneur, a client of Kubo Financial, and this is her story.

Susana is 60 years old, single, and has 5 children but none of them are still dependent upon her. She has been in commerce for 35 years. She began selling seafood in a local market and and has been selling esoteric products for 12 years now.

She sells all types of candles, incense lotions, candles by weight, decorative candles, vases, iron bases, plants, herbs, seeds and teas. She is asking for this loan in order to buy merchandise as her sales are good and she needs to be well stocked.

Through the effort she puts into her work Susana is seeking to continue supporting her family, to invest money in her home and in general enjoy economic stability.
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Susana es una microempresaria clienta de Kubo Financiero y esta es su historia:

Susana tiene 60 años, es soltera y tiene 5 hijos, los cuales ya no depende de ella. Se dedica al comercio desde hace 35 años, inició vendiendo mariscos en un local dentro de un mercado y ahora vende productos esotéricos desde hace 12 años.

Ella vende todo tipo de velas, veladoras, inciensos, lociones, cirios por peso, velas decorativas, macetas, bases de herrería, plantas, hierbas, semillas y tés. Pide este préstamo para comprar mercancía, ya que sus ventas van bien y necesita estar surtida.

Con el esfuerzo puesto en su trabajo Susana busca continuar apoyando a su familia, invertir dinero en su hogar y en general gozar de estabilidad económica.

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

  • $15,600
    Average annual income
  • 16
    View loans »
    Mexico Loans Fundraising
  • $18,745,125
    Funds lent in using Kiva
  • 13.2
    Mexico Pesos (MXN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $2,275 helped Susana to stock merchandise in order to have more items to offer her customers.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2014
Listed
Feb 20, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014