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Jose Manuel
Jose Manuel is a client of Kubo Financiero, and this is his story.

Juan Manuel is married and has 5 children. He lives in his own home and makes his living driving a taxi. He also receives a pension.

He is applying for this loan to build a room in his house, since he says his family has grown and they don't have enough space. He comments that he likes to be very responsible with his payments and ask for only what he needs.

He has a taxi that he drives from Monday to Sunday. During his breaks, he likes to go have breakfast and eat lunch at home.

For Juan Manuel, his most significant successes are educating his 5 children and having built his house. Now his challenge is to build some rooms so that his family can have more space.
View original language description ↓
Jose Manuel es un cliente de Kubo Financiero y esta es su historia.
Juan Manuel es casado y tiene 5 hijos, vive en una casa propia y se dedica a manejar un taxi, también recibe una pensión.
esta solicitando el préstamo para construir un cuarto en su casa ya que el comenta que su familia ha crecido y no tienen suficiente espacio.
El comenta que le gusta ser muy cumplido con el pago de sus créditos y pedir solo lo que necesita.
El tiene un taxi que maneja de lunes y domingo, es sus descansos intermedios le gusta ir a desayunar y a comer en su casa.
Para Juan Manuel sus principales logros es sacar y darle estudios a sus 5 hijos y haber construido su casa, ahora su reto es construir unos cuartos para que su familia tenga más espacio.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

Tags

About Mexico

  • $15,600
    Average annual income
  • 38
    View loans »
    Mexico Loans Fundraising
  • $19,089,875
    Funds lent in using Kiva
  • 13.2
    Mexico Pesos (MXN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,525 helped Jose Manuel to make housing improvements.
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2014
Listed
Mar 16, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2015