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Brigido
Brigido is a client of Kubo Financiero and this is his story.

Brigido has had a grocery store for more than 20 years. His wife supports him in the business, as do his children. He says that he is well known in the area and he is also engaged in raising animals on a small farm he has, where he likes to take care of the piglets and lambs and also want to buy a calf.

He is asking for the loan in order to invest in his grocery store. He says that he would not feel overburdened and can afford it because his costs are not very high and although his children no longer live with him, they still support him with the expenditure, electricity and water.

For Brigido his main achievement is to have brought up his children and kept his family together. Now he wants to continue working, provide better service and have more small animals on his ranch. .
View original language description ↓
Brigido es un cliente de Kubo Financiero y esta es su historia.
Brigido tiene una tienda de abarrotes desde hace más de 20 años, su esposa lo apoya en el negocio y también sus hijos. El comenta que es muy conocido en la zona y tambien se dedica a la crianza de animales en un rancho que tiene, donde le gusta cuidar a los puerquitos, borreguitos y tambien quiere comprar un becerrito.
Esta pidiendo el préstamo para invertir en su tienda de abarrotes, comenta que no se sentiria saturado y que puede pagarlo ya que sus gastos no son muy altos y sus hijos a pesar de que ya no viven con el, lo siguen apoyando con el gasto, luz y agua.
Para Brigido su principal logro es haber sacado adelante a sus hijos y mantener a su familia unida. Ahora quiere segur trabajando, ofrecer mejor servicio y tener mas animalitos en su rancho. .

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

  • $11,249
    Average annual income
  • 3
    View loans »
    Mexico Loans Fundraising
  • $17,344,000
    Funds lent in using Kiva
  • 13.1
    Mexico Pesos (MXN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,150 helped Brigido to buy merchandise for his grocery store.
99% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 24, 2014
Listed
Apr 1, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2015