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José Alfredo
José Alfredo M. has more than six years experience dedicating himself to selling prepared meals such as tacos, burritos, quesadillas and hamburgers. It is a family business. His three children, all grown up, help him with the business. He is opening up a new store that will be located along the Nuevo Laredo highway, but he is having trouble completing it because at the moment he doesn't have the necessary funds and he doesn't want to take money away from his business. For this reason he is requesting a loan so he will be able to finish his new store and hire two employees to tend to it.
View original language description ↓
El señor José Alfredo M. tiene ya mas de 6 años dedicándose a la venta de comidas preparadas como es tacos, burritos, quesadillas y hamburguesas, este es un negocio familiar, sus tres hijos que ya son mayores cada uno tiene su negocio.
Él esta iniciando un nuevo local que estará ubicado en la carretea de Nuevo Laredo pero le está haciendo falta terminarlo, en esté momento no cuenta con el dinero necesario para poder terminarlo y no quiere descapitalizar su negocio. Es por eso que solicita un préstamo y así poder terminar su nuevo local con el cual de dará empleo a dos personas para que lo atiendan.

Additional Information

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.

About Mexico

  • $11,249
    Average annual income
  • 7
    View loans »
    Mexico Loans Fundraising
  • $17,804,525
    Funds lent in using Kiva
  • 14.6
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped José Alfredo complete construction of store.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2009
Listed
Mar 2, 2009
Currency Exchange Loss:
Covered
Ended:
Sep 18, 2009