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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
  • 21
    View loans »
    Mexico Loans Fundraising
  • $18,316,675
    Funds lent in using Kiva
  • 12.9
    Mexico Pesos (MXN) = $1 USD
Ended with Loss - Defaulted
A loan of $550 helped this borrower to buy inputs for paper bag manufacturing.
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2014
Listed
Jun 11, 2014
Currency Exchange Loss:
Possible
Defaulted:
Oct 14, 2014